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    140 Acres Industrial Land Development Title is generated by Realmo AI

    Paschal Hill Road, Brandon, MS 39042

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    Claim this Listing
    For Sale
    $4,300,000

    COMMERCIAL - Brandon, MS

    Lot size:
    140.00 Acres
    Added:
    Mar 13, 2023
    Days on Market:
    1168
    Last Refresh:
    May 23 at 12:06 am

    Property Features for Paschal Hill Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    I09b000019 00000; I09c000003 00000; I09c000001
    Lot size
    140.00 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Description
    Multiparcel

    We can help!

    Listing Contact
    Sterling McCool
    Sterling McCool

    Listing agent Sterling McCool License #22633

    Listing office Overby, Inc. 800 Woodlands Pkwy Ste 206, Jackson, MS

    Listing date Mar 13, 2023

    MLS# 4041913 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

    • 140 acres of industrial land with rail, utility, and improved road access.
    • Strategically located at the intersection of Interstate 20 and Highway 471 with quick access to the Jackson MSA.
    • Located in Brandon, MS, consistently ranked as a Top 10 best place to live in Mississippi and one of the fastest growing cities in the state.
    • Over half a mile of rail frontage.
    • Not located in a flood hazard zone.
    • Economic development incentives are available.

    Overview

    This industrial site, encompassing approximately 140 acres, is positioned at the intersection of Interstate 20 and Highway 471, providing access to the Jackson MSA. Located in Brandon, Mississippi, the property benefits from rail, utility, and improved road access. The site has over half a mile of rail frontage and mostly flat topography. None of the land is situated within a flood hazard zone. Economic development incentives are available at this location. Rankin County is considered to be the ''Crossroads of the South.''
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Brandon
    County
    Rankin
    State
    Mississippi
    Longitude
    -89.990362
    Latitude
    32.286989

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    FAQs

    What type of property is this?
    Industrial land - Industrial site with rail access in growing Brandon, Mississippi.
    Where is this industrial land located?
    The property is located at Paschal Hill Road Brandon, MS.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: 140 acres of industrial land with rail, utility, and improved road access.; Strategically located at the intersection of Interstate 20 and Highway 471 with quick access to the Jackson MSA.; Located in Brandon, MS, consistently ranked as a Top 10 best place to live in Mississippi and one of the fastest growing cities in the state.
    (601) 366-8511
    We can help!
    Listing Contact
    Sterling McCool
    Sterling McCool
    Real Estate License ID: 22633
    Learn More
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    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
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