Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Lot A Swamp Rd. Carthage, MS 39051

    View on Map
    Claim this Listing
    For Sale
    $129,500

    Vacant Land - Carthage, MS

    Lot size:
    44.54 Acres
    Added:
    May 2, 2025
    Days on Market:
    363
    Last Refresh:
    Apr 29 at 7:06 am

    Property Features for Lot A Swamp Rd.

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Stuart Warren

    Listing agent Stuart Warren

    Listing office Buck Commander Properties 113 Execuytive Dr, Sterlington, MS

    Listing date May 2, 2025

    MLS# 11487767 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.

    Overview

    Land Near Natchez Trace

    Located off the Historic Natchez Trace in Leake County, approximately half a mile from the Madison County Line and Hwy 16, this surveyed 44.54 +/- acre tract offers a private retreat. The property features approximately 300 feet of road frontage and a gated private drive. Utilities such as electricity and water are available at the old Homesite. An established trail system navigates throughout the 44-acre wooded area. The land is suited for building a dream home, barndominiums, or mobile home. It is also suitable for building a barn, growing a garden, or raising livestock. The property is populated with whitetail deer and turkey. The land provides cover consisting of vegetation and sapling groves of pines. The location allows for convenient access to Hwy 43 in Gluckstadt, Interstate 55, and Carthage. Hwy 16 is also nearby, providing easy access to Canton and Carthage.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Carthage
    County
    Leake
    State
    Mississippi
    Longitude
    -89.5441
    Latitude
    32.8169

    Nearby Similar for Sale

    • $465,000
      3,915 SF

      Versatile Commercial Building in Carthage

      Highway commercial property suitable for medical or office use.
      407 Valley Street, Carthage, MS 39051
      View Details
    • $500,000

      Prime Commercial Land in Carthage

      40-acre commercial property in Carthage, Mississippi, with high development potential.
      01 E Main Street, Carthage, MS 39051
      View Details
    • $300,000

      20 Acres Commercial Land

      20-acre commercial property in Carthage, Mississippi, zoned for commercial use.
      02 E Main Street, Carthage, MS 39051
      View Details
    • $740,000

      74 Acres Commercial Land

      Expansive commercial land in Carthage, Mississippi, ideal for development.
      E Main Street, Carthage, MS 39051
      View Details
    • $544,000

      Carthage Land with Hunting Potential

      160 acres of land with diverse terrain and hunting opportunities.
      Hwy 43, Carthage, MS 39051
      View Details
    • $365,000

      Hunting and Recreational Land in Carthage

      125 acre hunting and recreational tract inside Carthage city limits.
      00 Highway 16, Carthage, MS 39051
      View Details
    • $199,700

      Secluded Hunting and Timberland Investment

      65 acres of hunting, recreation, and timberland near Carthage.
      00 Wiggins Loop Rd, Carthage, MS 39051
      View Details
    • $239,700

      Secluded Hunting and Recreational Land

      98.4 acres of hunting and recreational land in Carthage, MS.
      00 Coon Creek Rd, Carthage, MS 39051
      View Details
    • $224,000

      56-Acre Timber Tract in Carthage

      Recreational and investment property with timber and hunting potential.
      Red Water Road, Carthage, MS 39051
      View Details
    • $73,500

      Carthage Land with Highway Frontage

      15 acres of vacant land with highway frontage near Carthage.
      00X Highway 35 North, Carthage, MS 39051
      View Details
    • $140,000

      Highway 25 Commercial Land

      1.62 acre commercial land with high visibility.
      01 Highway 25, Carthage, MS 39051
      View Details
    • $140,000

      Land on Highway 25 Corner

      Corner lot land available on Highway 25 in Carthage.
      01 Highway 25, Carthage, MS 39051
      View Details

    FAQs

    What type of property is this?
    Land - 44.54 acre surveyed tract near Natchez Trace.
    Where is this land located?
    The property is located at Lot A Swamp Rd. Carthage, MS.
    What is the asking price?
    The asking price for this property is $129,500.
    What are key features of this property?
    This property features: 44.54 +/- acre surveyed tract offering privacy and recreational opportunities.; Convenient location near the Natchez Trace, Hwy 16, Gluckstadt, Interstate 55, and Carthage.; Utilities (electricity and water) available at the old homesite.
    (601) 724-2825
    We can help!
    Listing Contact
    Stuart Warren
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!