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

    County Road 500 Ripley, MS 38663

    View on Map
    Claim this Listing
    For Sale
    $165,000

    Lot/Land - Ripley, MS

    Type:Single Family Residence
    Lot size:
    53.12 Acres
    Added:
    Mar 20, 2026
    Days on Market:
    50
    Last Refresh:
    May 8 at 12:06 am

    Property Features for County Road 500

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    53.12 Acres

    Taxes and HOA fees

    Tax Annual Amount
    195.49

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Hunter Hastings

    Listing agent Hunter Hastings License #S-59842

    Listing office TM REALTORS 210 E. Main St., TUPELO, MS 38804, Tupelo, MS

    Listing date Mar 20, 2026

    MLS# 26-926 Listing URL

    Copyright © 2026 Northeast Mississippi Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large 53.121 acre recreational/timber tract.
    • Established food plot and shooting house for hunting.
    • Ideal for deer and turkey hunting.
    • Combination of timber cover and open feeding areas.
    • Investment and income potential.
    • Private getaway for year‑round outdoor use.

    Overview

    Ripley, MS Recreational Timber Tract

    This approximately 53.121-acre tract in Tippah County is suited for both investment and outdoor activities. The land is equipped for recreation, featuring an established food plot and shooting house, making it suitable for deer and turkey hunting. The combination of timber cover and open feeding areas creates a habitat for wildlife. This property is suited for investors, hunters, or those seeking a private getaway with income potential and year-round outdoor use.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Ripley
    County
    Tippah
    State
    Mississippi
    Longitude
    -88.921184
    Latitude
    34.751344

    Nearby Similar for Sale

    • $725,000
      34,575 SF

      Ripley Commercial Property with Warehouse

      Commercial property featuring office and warehouse space on 4.88 acres.
      127 Kingsley Road, Ripley, MS 38663
      View Details
    • $349,000
      4,056 SF

      Turnkey Bar and Grill

      Fully furnished bar and grill ready for business, includes patio.
      229 Cotton Gin Road, Ripley, MS 38663
      View Details
    • $295,000
      4,250 SF

      Ripley Commercial Property For Sale

      Showroom and shop space available in Ripley, Mississippi.
      10050 Highway 15 S, Ripley, MS 38663
      View Details
    • $349,000
      17,832 SF

      Ripley Commercial Property on Main

      Commercial property suitable for retail, office, or warehousing in Ripley.
      205 S Main, Ripley, MS 38663
      View Details
    • $165,000
      4,098 SF

      Historic Office Building in Ripley

      Charming office building with modern updates in downtown Ripley.
      104 S Main, Ripley, MS 38663
      View Details
    • $800,000
      5,000 SF

      Boutique Hotel in Ripley, MS

      Boutique hotel with penthouse suite overlooking the square.
      113 N Main St., Ripley, MS 38663
      View Details
    • $275,000
      18,612 SF

      Commercial Property in High-Traffic Location

      Highly visible commercial property with large building and parking lot.
      412 City Ave., Ripley, MS 38663
      View Details
    • $773,400

      257.8 Acres Recreational Land Tract

      Turnkey recreational tract with lake, timber, and hunting potential.
      Cr 701, , MS 38663
      View Details
    • $460,000

      Land with Ponds and Lake

      104.5-acre property featuring ponds, a lake, and trails.
      Ashland Road, Ripley, MS 38663
      View Details
    • $39,900

      Ripley Land with City Utilities

      4.4 acres with pond and city utilities available.
      BLUE MOUNTAIN ROAD, Ripley, MS 38663
      View Details
    • $895,000
      36,886 SF

      Dumas Mississippi Warehouse Opportunity

      Warehouse building in North East Mississippi for sale.
      561 Co Rd 740, Ripley, MS 38663
      View Details
    • $132,250

      Ripley Land with Timber

      44.36 acres in Ripley, Mississippi with timber.
      44.36 ac City Ave N, Ripley, MS 38863
      View Details

    FAQs

    What type of property is this?
    Recreation land - 53.12 acre recreational/timber tract for investment and enjoyment.
    Where is this recreation land located?
    The property is located at County Road 500 Ripley, MS.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: Large 53.121 acre recreational/timber tract.; Established food plot and shooting house for hunting.; Ideal for deer and turkey hunting.
    (662) 842-3844
    We can help!
    Listing Contact
    Hunter Hastings
    Real Estate License ID: S-59842
    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
    County Road 500, Ripley, MS 38663
    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!