Add Listing
    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

    Highway 550 NW Brookhaven, MS 39601

    View on Map
    Sponsored
    Pending
    $158,400

    LAND - Brookhaven, MS

    Lot size:
    48.00 Acres
    Days on Market:
    49
    Last Refresh:
    Mar 23 at 9:06 pm

    Property Features for Highway 550 NW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    68-7-25-005.01
    Lot size
    48.00 Acres

    Utilities

    Water front
    1

    We can help!

    Listing Contact
    Bruce Gray

    United Country McDaniel-Gray Realty

    Listing agent Bruce Gray License #B18069

    Listing date Feb 2, 2026

    MLS# 144519

    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

    Brookhaven Hunting and Recreational Land

    This 48-acre property is located north of Highway 550 NW in the Lloyd Star community and offers recreational opportunities with hunting for deer and turkey. The tract consists of approximately 20-year-old pine timber and features an interior road bordering the land on two sides. The property is secluded and located in a private setting. An established easement begins at Highway 550 and extends north to the land, continuing through the tract to allow access for the neighboring landowner to the north. The land features gentle rolling hills and privacy. An additional 40-acre tract for sale joins this property to the east, offering the opportunity to purchase both properties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Brookhaven
    County
    Lincoln
    State
    Mississippi
    Longitude
    -90.566128
    Latitude
    31.63155

    Nearby Similar for Sale

    • $489,000
      5,135 SF

      Versatile Commercial Property in Brookhaven

      Multi-unit commercial property with flexible spaces and ample parking.
      128 S First St, Brookhaven, MS 39601
      View Details
    • $399,500
      2,762 SF

      Brookhaven Commercial Building For Sale

      Prime commercial building in Brookhaven, Mississippi, suitable for various businesses.
      391 Brookhaven St, Brookhaven, MS 39601
      View Details
    • $169,000
      2,550 SF

      Brookhaven Commercial Opportunity For Sale

      Two buildings ideal for redevelopment, reuse, or continued commercial use.
      983 NE Sawmill Ln, Brookhaven, MS 39601
      View Details
    • $1,250,000
      Pending

      Brookhaven Commercial Redevelopment Opportunity

      Prime commercial site with redevelopment potential in Brookhaven, Mississippi.
      915 Brookway Boulevard Ext, Brookhaven, MS 39601
      View Details
    • $350,000
      Pending

      Brookhaven Commercial Property with Drive-Through

      Two metal buildings with drive-through and expansion potential.
      107 W Court St, Brookhaven, MS 39601
      View Details
    • $749,900
      11,500 SF

      Brookhaven Commercial Facility For Sale

      Well-maintained 11,500 SF commercial facility on 2.1 acres.
      1002 NE Sawmill Ln, Brookhaven, MS 39601
      View Details
    • $139,000
      2,058 SF

      Brookhaven Commercial Building For Sale

      Vintage commercial building with potential for retail, office, or mixed-use.
      444 E Monticello St, Brookhaven, MS 39601
      View Details
    • $543,000
      Pending

      Brookhaven Multifamily Investment Opportunity

      Income-producing 12-unit apartment complex in Brookhaven, Mississippi.
      212 N Church St, Brookhaven, MS 39601
      View Details
    • $495,000
      Pending

      Brookhaven Commercial Property on Highway 84

      Versatile commercial property on 2.95 acres with two buildings.
      1684/1688 E 84 Hwy, Brookhaven, MS 39601
      View Details
    • $552,480
      5,988 SF

      Brookhaven Office Building - MS

      Prime Medical/Office Space - Move-In Ready
      1377 Johnny Johnson Dr, Brookhaven, MS 39601
      View Details

    FAQs

    What type of property is this?
    Hunting land - Secluded 48-acre hunting property with timber and interior road.
    Where is this hunting land located?
    The property is located at Highway 550 NW Brookhaven, MS.
    What is the asking price?
    The asking price for this property is $158,400.
    What are key features of this property?
    This property features: - Excellent hunting property for deer and turkey.; - Secluded and private setting.; - Good interior road system.
    (601) 754-5592
    Request Owner's contact information
    Highway 550 NW Brookhaven, MS 39601
    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.
    Highway 550 NW
    Brookhaven, MS 39601
    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
    Highway 550 NW Brookhaven, MS 39601
    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
    Bruce Gray
    Real Estate License ID: B18069
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!