Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land in Michigan City Title is generated by Realmo AI

    24 Pin Oak Road, Michigan City, MS 38647

    View on Map
    Claim this Listing
    For Sale
    $37,000

    LAND - Michigan City, MS

    Type:Single Family Residence
    Lot size:
    1.83 Acres
    Added:
    Nov 6, 2025
    Days on Market:
    198
    Last Refresh:
    May 23 at 8:06 am

    Property Features for 24 Pin Oak Road

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    1-0120-21-000-014.00
    Lot size
    1.83 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Lot 24 Bryan Road Farms Phase II, Benton County, MS
    Tax Annual Amount
    150

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Jason Burch

    Listing agent Jason Burch License #B-21190

    Listing office Burch Realty Group 6879 Crumpler Blvd. Suite 101, Olive Branch, MS

    Listing date Nov 6, 2025

    MLS# 4130820 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

    • Owner financing available
    • Mobile home approved
    • Convenient location to Hwy 72 and Hwy 302
    • Electricity available
    • Level lot
    • Located in Bryan Road Farms

    Overview

    This 1.83-acre level lot is located in Bryan Road Farms and is approved for mobile homes. The property is conveniently located near Hwy 72 and Hwy 302. Owner financing is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Michigan City
    County
    Benton
    State
    Mississippi
    Longitude
    -89.1146
    Latitude
    34.9342

    Nearby Similar for Sale

    • $169,000

      Michigan City Wooded Land Parcel

      26+/- acres of wooded land suitable for recreation and hunting.
      1200 Pottery Road, Michigan City, MS 38647
      View Details
    • $47,500

      Wooded Homesite Near State Line

      7.5 acre wooded homesite with building locations and recreation potential.
      780 BREEDLOVE, Michigan City, MS 38647
      View Details
    • $72,696

      Wooded Homesite Near Memphis

      12-acre wooded homesite with creek, convenient to Memphis.
      2787 BRYAN, Michigan City, MS 38647
      View Details
    • $35,000

      Land in Bryan Road Farms

      Level lot in Michigan City, mobile home approved, owner financing.
      25 Pin Oak Road, Michigan City, MS 38647
      View Details
    • $35,000

      Land in Michigan City, MS

      Level lot in Bryan Road Farms, mobile home approved.
      20 Pin Oak Road, Michigan City, MS 38647
      View Details
    • $69,000
      696,088 SF

      Recreational Land Near Grays Creek

      16-acre recreational and hunting land with creek access.
      350 Miller Road, Michigan City, MS 38647
      View Details
    • $169,000
      1,132,560 SF

      26 Acres Wooded Land Parcel

      Mostly wooded 26-acre land parcel suitable for recreation and hunting.
      1200 Pottery Road, Michigan City, MS 38647
      View Details
    • $69,000

      Recreational Land in Michigan City

      14.15 acre recreational and hunting land near Memphis, TN.
      350 Miller Road, Michigan City, MS 38647
      View Details
    • $35,000

      Land in Bryan Road Farms

      Level lot in Michigan City, mobile home approved.
      30 Pin Oak Road, Michigan City, MS 38647
      View Details
    • $35,000

      Land in Bryan Road Farms

      Level lot in Michigan City, mobile home approved.
      39 Pin Oak Road, Michigan City, MS 38647
      View Details
    • $35,000

      Residential Land in Michigan City

      Level lot in Bryan Road Farms, mobile home approved.
      31 Pin Oak Road, Michigan City, MS 38647
      View Details
    • $35,000

      Residential Land in Michigan City

      Level lot suitable for mobile homes near major highways.
      27 Pin Oak Road, Michigan City, MS 38647
      View Details

    FAQs

    What type of property is this?
    Land - Level lot suitable for mobile homes near major highways.
    Where is this land located?
    The property is located at 24 Pin Oak Road Michigan City, MS.
    What is the asking price?
    The asking price for this property is $37,000.
    What are key features of this property?
    This property features: Owner financing available; Mobile home approved; Convenient location to Hwy 72 and Hwy 302
    (662) 274-4935
    We can help!
    Listing Contact
    Jason Burch
    Real Estate License ID: B-21190
    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
    24 Pin Oak Road, Michigan City, MS 38647
    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!