Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Sandy Hook Land For Sale Title is generated by Realmo AI

    Hwy 48 lot 1, Sandy Hook, MS 39667

    View on Map
    Claim this Listing
    For Sale
    $45,500

    LAND - Sandy Hook, MS

    Lot size:
    7.00 Acres
    Added:
    Sep 24, 2024
    Days on Market:
    621
    Last Refresh:
    Jun 6 at 8:06 am

    Property Features for Hwy 48 lot 1

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    Unassigned
    Lot size
    7.00 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    SEC 26 TWN 1 RNG 13 W/2 NW/4 OF SECTION 26 WEST OF JESS E STOGNER RD
    Tax Annual Amount
    99

    Utilities

    Utilities
    Phone Available

    We can help!

    Listing Contact
    Kay Newman

    Listing agent Kay Newman License #B23472

    Listing office Landmax Properties P.O. Box 865, Brookhaven, MS

    Listing date Sep 24, 2024

    MLS# 143201 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

    • 7 acres of land suitable for building your dream home.
    • Highway 48 frontage.
    • Ideal for a new home or weekend camp, offering a peaceful escape.
    • Located in southeast Walthall County.
    • Phone service available.
    • Country setting with fresh air.

    Overview

    This 7-acre property fronts Hwy 48 and is located in Walthall County. It is suitable for building a new home or a camp for weekend getaways.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Sandy Hook
    County
    Marion
    State
    Mississippi
    Longitude
    -89.832392
    Latitude
    31.027039

    Nearby Similar for Sale

    • $349,500

      Recreational Hunting Land with Pond

      91-acre rural property with a pond, mature live oak homesite, and established trails for outdoor use.
      Sawmill Road, Sandy Hook, MS 39478
      View Details
    • $500,000

      Specialty Commercial Land Parcel

      Specialty commercial land offering development flexibility near MS-35 in Marion County.
      415 S MS-35, Sandy Hook, MS 39478
      View Details
    • $294,525

      Diverse Country Tract For Sale

      76.5 acre tract with timber, hunting, and homesite potential.
      Darbun China Grove Road, Sandy Hook, MS 39478
      View Details
    • $26,900

      Residential Land in Sandy Hook

      Four acre residential land with road frontage in Sandy Hook.
      01 A Pittman Rd, Sandy Hook, MS 39478
      View Details
    • $160,000

      Pearl River Frontage Land

      12.5+/- acres of riverfront land perfect for recreation and hunting.
      12.5 Acres Marion Co, Sandy Hook, MS 39478
      View Details
    • $66,000

      Residential Land in Sandy Hook

      9.14 acres of land in a quiet country setting.
      9 Acres HWY 48 E, Sandy Hook, MS 39478
      View Details
    • $52,000

      Sandy Hook Acreage on Hwy 48

      8 acres of land with frontage on Hwy 48 East.
      8 Acres Hwy 48 E, Sandy Hook, MS 39478
      View Details
    • $44,000

      Sandy Hook Residential Land

      6.24 acre residential land in a quiet country setting.
      6.2 Acres Mt Bethel Rd, Sandy Hook, MS 39478
      View Details
    • $40,000

      5 Acres in Sandy Hook

      5 acres of land in a quiet country setting.
      5 Acres Mt. Bethel Rd., Sandy Hook, MS 39478
      View Details
    • $45,500

      7 Acres on Hwy 48

      7 acres of land suitable for building in Sandy Hook.
      Ms-48 lot: 1, Sandy Hook, MS 39478
      View Details
    • $80,000

      Sandy Hook Land For Sale

      14.62 acres of land in Sandy Hook, Mississippi.
      14.6 Acres Hwy 48 E, Sandy Hook, MS 39478
      View Details
    • $35,500

      Land in Sandy Hook, MS

      6.11 acre lot suitable for building a home.
      Jessie Stogner Road lot: #6, Sandy Hook, MS 39667
      View Details

    FAQs

    What type of property is this?
    Land - 7 acre property suitable for building a home or camp.
    Where is this land located?
    The property is located at Hwy 48 lot 1 Sandy Hook, MS.
    What is the asking price?
    The asking price for this property is $45,500.
    What are key features of this property?
    This property features: 7 acres of land suitable for building your dream home.; Highway 48 frontage.; Ideal for a new home or weekend camp, offering a peaceful escape.
    (601) 876-7230
    We can help!
    Listing Contact
    Kay Newman
    Real Estate License ID: B23472
    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
    Hwy 48 lot: 1, Sandy Hook, MS 39667
    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!