Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    16.72 Ac. Courtney Rd. Lumberton, MS 39455

    View on Map
    Claim this Listing
    New
    For Sale
    $140,000

    Unimproved Land, Farm/Ranch,Undeveloped Land - Lumberton, MS

    Type:Unimproved Land
    Lot size:
    16.72 Acres
    Added:
    Apr 17, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 18 at 12:06 am

    Property Features for 16.72 Ac. Courtney Rd.

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Lot size
    16.72 Acres

    Building Details

    Architectural style
    Ranch

    We can help!

    Listing Contact
    Kristy Thompson
    Kristy Thompson

    Listing agent Kristy Thompson License #S-49175

    Listing office RE/MAX Real Estate Partners 119 MAYFAIR RD, HATTIESBURG, MS 39402, Hattiesburg, MS

    Listing date Apr 17, 2026

    MLS# 146728 Listing URL

    Copyright © 2026 Hattiesburg Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lumberton Land with Paved Frontage

    This 16.72-acre property is located in Lamar County, Mississippi, featuring paved frontage on Courtney Rd and Crown Zellerback Rd. Situated just 8 miles from Purvis, 20 minutes from Hattiesburg, and 90 miles from New Orleans, the land is surrounded by mature longleaf pine timber and well-maintained neighboring properties. The property offers a clean, scenic setting and borders a sizable timberland tract, enhancing privacy. Formerly managed for pine straw production, this land is suitable for multiple potential homesites or a dream home.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Lumberton
    County
    Lamar
    State
    Mississippi
    Longitude
    -89.4815
    Latitude
    31.0601

    Nearby Similar for Sale

    • $489,000
      21,000 SF

      Versatile Commercial Property in Lumberton

      Former Bass Pecan location ideal for various commercial uses.
      824 Old Hwy 11, Lumberton, MS 39455
      View Details
    • $1,450,000
      10,323 SF

      Turnkey Wedding and Event Venue

      Family-owned venue with lodging, commercial kitchen, and multiple ceremony locations.
      234 Rutledge Rd., Lumberton, MS 39455
      View Details
    • $475,000
      500 SF

      Waterfront Property on Big Bay Lake

      Waterfront property with boathouse on Big Bay Lake.
      20 Branch banks South, Lumberton, MS 39455
      View Details
    • $136,000

      Waterfront Lot in Gated Community

      Waterfront lot in Big Bay Lake, Lumberton, MS.
      5 Gum Reed Point, Lumberton, MS 39455
      View Details
    • $350,000

      Lumberton, MS Vacant Land

      43.76 acres with pond and shop near Wolf River.
      86 Cripple Creek, Lumberton, MS 39455
      View Details
    • $350,000

      Lumberton Land with Abundant Wildlife

      100 acres with lakes, wildlife, and potential homesites.
      5279 Highway 13, Lumberton, MS 39455
      View Details
    • $69,900

      Lumberton Land: 6 Unrestricted Acres

      6 acres of unrestricted land in Lamar County, Mississippi.
      00 Old Highway 11, Lumberton, MS 39455
      View Details
    • $107,000

      Lumberton Land with Highway Frontage

      19.4-acre tract with highway frontage, ideal for development or investment.
      163 Piatonia, Lumberton, MS 39455
      View Details
    • $58,000

      Lumberton Land with Established Homesite

      Versatile land near highways, ready for building or recreation.
      Will Lee Road, Lumberton, MS 39455
      View Details
    • $62,500

      Pastureland with Hardwood Bottoms

      6.5-acre tract with pasture, timber, and pond near Lumberton, MS.
      00 Hurricane Creek Rd., Lumberton, MS 39455
      View Details
    • $65,890

      Residential Land in Rural Setting

      5-acre homesite for custom home or recreation in Lumberton, MS.
      Parcel 8 R Thompson Rd., Lumberton, MS 39455
      View Details
    • $65,450

      Residential Land Homesite Opportunity

      5-acre homesite for custom home or recreational use.
      Parcel 7 R Thompson Rd., Lumberton, MS 39455
      View Details

    FAQs

    What type of property is this?
    Land - 16.72 acres in Lamar County, ideal for homesites.
    Where is this land located?
    The property is located at 16.72 Ac. Courtney Rd. Lumberton, MS.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: 16.72+\/- acres of land suitable for multiple homesites or a dream home; Conveniently located: 8 miles from Purvis, 20 mins from Hattiesburg, and 90 miles from New Orleans; Paved road frontage on Courtney Rd and Crown Zellerback Rd
    (601) 408-5123
    We can help!
    Listing Contact
    Kristy Thompson
    Kristy Thompson
    Real Estate License ID: S-49175
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!