Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    23505 Hwy 603 Kiln, MS 39556

    View on Map
    Claim this Listing
    For Sale
    $39,900

    LAND - Kiln, MS

    Lot size:
    1.53 Acres
    Added:
    Jun 7, 2025
    Days on Market:
    334
    Last Refresh:
    May 6 at 10:06 am

    Property Features for 23505 Hwy 603

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    Unassigned
    Lot size
    1.53 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    PART OF PT SW 1/4-NE 1/4 SEC 19-6S-14W
    Tax Annual Amount
    25

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Needed
    Water source
    Public

    We can help!

    Listing Contact
    Anthony W Sheffield

    Listing agent Anthony W Sheffield License #S54507

    Listing office Ashman-Mollere Realty, Inc. 418 Hwy 90, Waveland, MS

    Listing date Jun 7, 2025

    MLS# 4115686 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.

    Overview

    Land Near Mississippi Beaches

    This 1.53-acre parcel is located on Hwy 603, providing convenient access to Hwy 43, I-10, and Mississippi beaches. The property includes a 100x100 cleared and destumped area suitable for construction. A 50-foot vegetative buffer is present along the rear of the property, offering natural privacy. DOT-approved culverts are being installed for access. The seller offers the option to install a limestone driveway for an additional fee. This location is suitable for building a home or for land investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Storage Facility Grocery & Convenience Store Car Rental Facility Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Kiln
    County
    Hancock
    State
    Mississippi
    Longitude
    -89.432194
    Latitude
    30.514872

    Nearby Similar for Sale

    • $59,900

      Kiln, MS Wooded Corner Parcel

      1.3 acre wooded corner parcel in Kiln, MS.
      Firetower Road, Kiln, MS 39556
      View Details
    • $129,900

      Secluded Acreage with Creek Frontage

      16+ acre parcel with creek frontage in Kiln, Mississippi.
      3509 Road 528, Kiln, MS 39556
      View Details
    • $149,900

      Land with Private Lake Access

      5 acres in Kiln, MS with access to private lake.
      0 Road 311, Kiln, MS 39556
      View Details
    • $399,900

      Waterfront Land on Jourdan River

      16.66 acres with 880' on Jourdan River.
      Crump Road lot: 3 ,4, Kiln, MS 39556
      View Details
    • $46,900

      Cleared 3-Acre Parcel in Kiln

      3-acre cleared parcel in Kiln, MS, ideal for building.
      7105 Crazy Horse Drive lot: 28, Kiln, MS 39556
      View Details
    • $68,500

      Private Wooded Land Parcel

      5-acre wooded land parcel perfect for building a home.
      Parcel 7 Hoda Road lot: 7, Kiln, MS 39556
      View Details
    • $99,000

      Kiln, MS Land Opportunity

      10.6 acres on Hwy 603, prime location, endless potential.
      24155 Hwy 603, Kiln, MS 39556
      View Details
    • $14,100,000

      Kiln, MS High Fenced Ranch

      2511-acre high-fenced ranch with cypress lodge and trophy animals.
      4240 Jana Lane, Kiln, MS 39556
      View Details
    • $224,900

      Versatile Land off Hwy 603

      11.28 acres of land perfect for building or investing.
      20118 Hwy 603 Lot 3, Kiln, MS 39556
      View Details
    • $28,500

      Wooded Land in Kiln, MS

      1.75-acre wooded parcel perfect for building a dream home.
      Hoda Road lot: 8, Kiln, MS 39556
      View Details
    • $55,000

      Cleared Land in Kiln, MS

      Three cleared acres with community pond access in Kiln.
      Nhn E Crazy Horse Drive lot: 9, Kiln, MS 39556
      View Details
    • $86,000

      Kiln, MS Land For Sale

      8.6 acres of land with water frontage in Kiln.
      Whitfield Drive lot: 2, Kiln, MS 39556
      View Details

    FAQs

    What type of property is this?
    Land - 1.53-acre parcel with easy access to beaches and highways.
    Where is this land located?
    The property is located at 23505 Hwy 603 Kiln, MS.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: 1.53‑acre parcel with convenient access to Hwy 43, I‑10, and Mississippi beaches.; 100x100 cleared and destumped area ready for building.; 50‑foot vegetative buffer providing natural privacy.
    (228) 493-9695
    We can help!
    Listing Contact
    Anthony W Sheffield
    Real Estate License ID: S54507
    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
    23505 Hwy 603, Kiln, MS 39556
    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!