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

    177 Crepe Myrtle Drive Brandon, MS 39047

    View on Map
    Claim this Listing
    For Sale
    $79,900

    Vacant Land - Brandon, MS

    Lot size:
    0.23 Acres
    Added:
    May 9, 2025
    Days on Market:
    346
    Last Refresh:
    Apr 19 at 7:06 am

    Property Features for 177 Crepe Myrtle Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Exterior features
    Pool Building
    Standard status
    Active
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Stuart Warren

    Listing agent Stuart Warren

    Listing office Buck Commander Properties 113 Execuytive Dr, Sterlington, MS

    Listing date May 9, 2025

    MLS# 11496655 Listing URL

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

    Overview

    Residential Land in Arbor Landing

    This 0.23-acre vacant land is located in Arbor Landing in Brandon, Mississippi. The residential land offers access to a swimming pool, walking trail, clubhouse, playground, marina, and boat launch. The location provides access to the Reservoir, which features 33,000 acres of water, offering a variety of recreational opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brandon
    County
    Rankin
    State
    Mississippi
    Longitude
    -89.8803
    Latitude
    32.2836

    Nearby Similar for Sale

    • $1,161,000
      105,415 SF

      Stonebridge Mixed-Use Development Opportunity

      Large-scale mixed-use development with retail and residential potential.
      Stonebridge Boulevard, Brandon, MS 39042
      View Details
    • $1,233,000
      111,949 SF

      Retail Parcel in Stonebridge

      Retail parcel suitable for various commercial uses in Brandon, MS.
      Stonebridge Boulevard, Brandon, MS 39042
      View Details
    • $1,382,000
      125,453 SF

      Retail Parcel in Stonebridge

      Retail parcel with frontage and accessibility in mixed-use development.
      Stonebridge Boulevard, Brandon, MS 39042
      View Details
    • $4,032,000
      439,086 SF

      Stonebridge Mixed-Use Development Opportunity

      Large-scale mixed-use development with retail and residential potential.
      Stonebridge Boulevard, Brandon, MS 39042
      View Details
    • $3,180,000
      2,446,330 SF

      Stonebridge Mixed-Use Development Land

      Large-scale mixed-use development land with strong growth potential.
      Stonebridge Boulevard, Brandon, MS 39042
      View Details
    • $9,727,000
      2,038,172 SF

      Prime Retail Development Land Parcel

      40.53 acre retail parcel with high visibility.
      Stonebridge Boulevard, Brandon, MS 39042
      View Details
    • $348,000

      Commercial Land in High-Growth Area

      C-3 zoned land in a high-growth area with business possibilities.
      Marshall Road, Brandon, MS 39047
      View Details
    • $280,000

      Commercial Land in Growing Brandon

      3.53-acre commercial property near Hwy 25, ready for development.
      230 Donald Lane, Brandon, MS 39047
      View Details
    • $890,000

      Commercial Land in High-Traffic Area

      6.83+/- acre commercial land for retail, office, or mixed-use development.
      Highway 18, Brandon, MS 39042
      View Details
    • $580,000

      Residential Land in Stonebridge Community

      25.91 acres of residential land in Brandon, Mississippi.
      003 Stonebridge, Brandon, MS 39042
      View Details
    • $499,000

      Rankin County 60-Acre Land Tract

      60 acres in Rankin County with development opportunity.
      Warren Hill Place, Brandon, MS 39042
      View Details
    • $702,000

      Rankin County Land For Sale

      216+/- acre tract with timber and hunting potential.
      Owen Boone Road, Brandon, MS 39047
      View Details

    FAQs

    What type of property is this?
    Land - Vacant land to build your dream home.
    Where is this land located?
    The property is located at 177 Crepe Myrtle Drive Brandon, MS.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: Access to 33,000‑acre Reservoir; Marina and Boat Launch Access; Enjoy the Community Swimming Pool
    (601) 724-2825
    We can help!
    Listing Contact
    Stuart Warren
    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!