Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Hunting Land in Greenwood Springs Title is generated by Realmo AI

    50150 Sipsey-Detroit Rd, Greenwood Springs, MS 38848

    View on Map
    Claim this Listing
    For Sale
    $199,900

    Vacant Land - Greenwood Springs, MS

    Lot size:
    79.10 Acres
    Added:
    Sep 10, 2025
    Days on Market:
    266
    Last Refresh:
    Jun 2 at 3:06 am

    Property Features for 50150 Sipsey-Detroit Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    Lot size
    79.10 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Harrison Eaton

    Listing agent Harrison Eaton

    Listing office Southeastern Land Group LLC 368 Highland Colony Pkwy, Ridgland, MS

    Listing date Sep 10, 2025

    MLS# 11572104 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.

    HighLights

    • 79.1+/- acres of prime hunting land.
    • Established food plot and deer stands on site.
    • Internal road systems for easy access throughout the property.
    • Beautiful hardwood bottoms and dense pines provide great habitat for deer and turkey.
    • Gated access off of Sipsey‑Detroit Rd for privacy.
    • Pines offer a great timber investment for potential income.

    Overview

    This 79.1+/- acre property is located in Greenwood Springs, MS. It is primarily hunting land, featuring an established food plot and deer stands. Internal road systems provide access throughout the tract. The land includes hardwood bottoms and dense pines, creating a suitable habitat for deer and turkey. Gated access from Sipsey-Detroit Rd ensures privacy and ease of entry. The pines also present a timber investment opportunity for potential income.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Greenwood Springs
    County
    Monroe
    State
    Mississippi
    Longitude
    -88.253489
    Latitude
    33.934641

    Nearby Similar for Sale

    • $629,000

      Monroe County Hunting and Timber

      166.9 acres with pines, hardwoods, food plots, and stands.
      Tribble Rd, , MS 38848
      View Details
    • $275,500

      Greenwood Springs Hunting Land

      95+/- acre hunting land with creek and mixed hardwood.
      95 +/- Acres Filtrol Road, Greenwood Springs, MS 38848
      View Details
    • $69,500

      Greenwood Springs Land For Sale

      30 acre hunting and recreational land near Mississippi-Alabama state line.
      Sipsey Trl, Greenwood Springs, MS 38848
      View Details

    FAQs

    What type of property is this?
    Hunting land - 79.1+/- acres of prime hunting land with timber investment potential.
    Where is this hunting land located?
    The property is located at 50150 Sipsey-Detroit Rd Greenwood Springs, MS.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: 79.1+/- acres of prime hunting land.; Established food plot and deer stands on site.; Internal road systems for easy access throughout the property.
    (256) 825-4331
    We can help!
    Listing Contact
    Harrison Eaton
    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
    50150 Sipsey-Detroit Rd, Greenwood Springs, MS 38848
    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!