Sign Up Successful!
You now have access to more from Realmo!
    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

    30.2 Acres Cathy Rd Byhalia, MS 38611

    Sponsored
    For Sale
    $400,000

    LAND - Byhalia, MS

    Lot size:
    30.20 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 31 at 12:06 am

    Property Features for 30.2 Acres Cathy Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    305516000 0000607
    Lot size
    30.20 Acres

    Utilities

    Water front
    1

    We can help!

    Listing Contact
    Bartlett Graves

    Crye Leike, Inc. (901) 550-2891

    Listing agent Bartlett Graves License #S-52171

    Listing date Jan 30, 2026

    MLS# 4087118

    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.

    Learn more

    Property Insight Report

    Overview

    Byhalia Land with Private Ponds

    This 30.2-acre property is located in Byhalia, MS, within the Lewisburg School District. The landscape features mature hardwoods and two private ponds. The property offers an opportunity to build a home in a secluded area. It is positioned as a tranquil escape, while also providing convenient access to schools, shopping, and other amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Byhalia
    County
    Marshall
    State
    Mississippi
    Longitude
    -89.736783
    Latitude
    34.821006

    Nearby Similar for Sale

    • $1,530,000
      33.00 Acres

      Prime Byhalia Commercial Land

      33+ Acres, I-269 Access, High Growth
      Goodman Rd, Byhalia, MS 38611
      View Details
    • Contact for pricing
      554,040 SF

      Gateway Global Warehouse

      Mississippi industrial warehouse, 554,040 SF
      0 Gateway Global Dr, Byhalia, MS 38611
      View Details
    • Contact for pricing
      110.00 Acres

      I-269 Industrial Development Land

      110-Acre Distribution Center Site in MS
      0 Wingo Rd, Byhalia, MS 38611
      View Details
    • $895,000
      291,852 SF

      High-Visibility Byhalia Commercial Land

      Prime MS location, high traffic, retail potential.
      Highway 302, Byhalia, MS 38611
      View Details
    • Contact for pricing

      Byhalia Service Park: Prime Industrial Space

      Modern Distribution/Flex Warehouse Space in MS
      139 Two Stakes Dr, Byhalia, MS 38611
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Picturesque 30.2-acre property in Lewisburg School District with ponds.
    Where is this residential land & home lot located?
    The property is located at 30.2 Acres Cathy Rd Byhalia, MS.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Located in the highly desired Lewisburg School District.; - Picturesque landscape with mature hardwoods and **two private ponds.**; - Secluded location offers privacy and tranquility.
    (901) 485-6573
    Request Owner's contact information
    30.2 Acres Cathy Rd Byhalia, MS 38611
    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.
    30.2 Acres Cathy Rd
    Byhalia, MS 38611
    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
    30.2 Acres Cathy Rd Byhalia, MS 38611
    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

    We can help!
    Listing Contact
    Bartlett Graves
    Real Estate License ID: S-52171
    (901) 485-6573
    Learn more
    Google sign-in failed. Please try again or use another login method.