Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land in Lexington, MS Title is generated by Realmo AI

    144 Henry Street, Lexington, MS 39095

    View on Map
    Claim this Listing
    For Sale
    $119,500

    LAND - Lexington, MS

    Lot size:
    12.56 Acres
    Added:
    Mar 27, 2026
    Days on Market:
    48
    Last Refresh:
    May 13 at 7:06 pm

    Property Features for 144 Henry Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    050-17-03000
    Lot size
    12.56 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PT. LOT 189 & PT. LOT 194 S/RR LESS R/W and Pt. Lot 189
    Tax Annual Amount
    364

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Snooky Hill

    Listing agent Snooky Hill License #S57503

    Listing office Hopper Properties 12 Woodgate Drive Suite A, Brandon, MS

    Listing date Mar 27, 2026

    MLS# 4144073 Listing URL

    Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Excellent location for building a business
    • High visibility
    • MDOT traffic count of 9800 vehicles per day
    • Public water source
    • Public sewer
    • Cable available

    Overview

    This 12.56-acre commercial land parcel is available for purchase in Lexington, Mississippi. The location offers high visibility and an MDOT traffic count of 9800 vehicles per day, making it suitable for establishing a new business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Holmes
    State
    Mississippi
    Longitude
    -90.050374
    Latitude
    33.108043

    Nearby Similar for Sale

    • $410,000

      Holmes County Recreational Land For Sale

      180 acre hunting and recreational land in Holmes County, MS.
      Kimbrough Road, Lexington, MS 39095
      View Details
    • $720,000

      200 Acres Recreational Land, Lexington

      Recreational land with trophy hunting and year-round family fun.
      157 Eulogy Road, Lexington, MS 39095
      View Details
    • $575,000

      Holmes County Hunting and Recreation Land

      Turnkey 93-acre hunting and recreation property with lodge near Lexington.
      700 Rathell Road, Lexington, MS 39095
      View Details
    • $63,750

      Holmes County Recreational Land

      25.5 acres of hunting and recreational land for sale.
      N Circle Road, Lexington, MS 39095
      View Details
    • $1,150,000

      285 Acres with Cabin and Lake

      Recreational land with cabin, lake, and hunting infrastructure near Lexington.
      5455 Richard Travis Rd, Lexington, MS 39095
      View Details
    • $720,000

      Premier Recreational & Hunting Property

      200-acre recreational property with hunting, fishing, and development potential.
      157 Eulogy Rd, Lexington, MS 39095
      View Details
    • $2,200,000

      Premier Recreational Hunting Retreat

      500+/- acre tract near Lexington, MS with lodge and barn.
      16844 Ms-12, Lexington, MS 39095
      View Details
    • $579,000

      Turnkey Hunting and Recreation Property

      93-acre hunting and recreation property with a fully furnished lodge.
      1224 Rathell Rd, Lexington, MS
      View Details
    • $2,424,500

      Premier Recreational Hunting Retreat

      500-acre Mississippi retreat with lodge, barn, and exceptional game management.
      Oregon Rd, Lexington, MS
      View Details
    • $204,000

      60 Acres Hunting Land For Sale

      60 acres of mixed timber land with road frontage.
      94 Marshall Rd, Lexington, MS
      View Details
    • $50,000

      10 Acres in Holmes County

      10 acres in Holmes County with utilities and road access.
      30841 Hwy 17, Lexington, MS
      View Details
    • $469,000
      2,062 SF

      Holmes County Residential Farm Retreat

      35-acre farm with a 2,062 sf home and equestrian facilities.
      9767 Rosebank Mount Olive Rd, Lexington, MS 39095
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime commercial land for sale in Lexington, Mississippi.
    Where is this commercial land located?
    The property is located at 144 Henry Street Lexington, MS.
    What is the asking price?
    The asking price for this property is $119,500.
    What are key features of this property?
    This property features: Excellent location for building a business; High visibility; MDOT traffic count of 9800 vehicles per day
    (601) 906-1913
    We can help!
    Listing Contact
    Snooky Hill
    Real Estate License ID: S57503
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    144 Henry Street, Lexington, MS 39095
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!