Sign Up Successful!
You now have access to more from Realmo!
    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

    Old Highway 67 Diberville, MS 39540

    Sponsored
    For Sale
    $5,418,846

    COMMERCIAL - D'Iberville, MS

    Property size:
    400,752 SF
    Lot size:
    9.20 Acres
    Days on Market:
    100
    Last Refresh:
    Feb 20 at 7:06 am

    Property Features for Old Highway 67

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1305i-05-001.000
    Size
    400,752 SF
    Lot size
    9.20 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Lenny Sawyer
    Lenny Sawyer

    Sawyer Real Estate, Inc. (228) 314-5002

    Listing agent Lenny Sawyer (228) 863-0232 License #B3550

    Listing date Nov 13, 2025

    MLS# 4108465

    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

    D'Iberville Commercial Land Opportunity

    This 9.2-acre commercial land parcel is located at the corner of the west entrance to the Promenade shopping complex in D'Iberville, Mississippi. The property, comprised of parcel numbers 1305i-05-001.000 and 1308j-01-012.000, offers potential for various uses, including hotel, restaurant, service station, office, or retail development. The property contains 400752 square feet. Interested parties should verify all information.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Diberville
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.907024
    Latitude
    30.455531

    Nearby Similar for Sale

    • $649,000
      3,650 SF

      D'Iberville Daycare Facility For Sale

      Existing daycare facility on high-traffic road, strong visibility, easy access.
      4247 Popp's Fry Rd, Diberville, MS 39540
      View Details
    • $399,000
      1,920 SF

      D'Iberville Commercial Property For Sale

      Commercial property in D'Iberville, MS, with multiple potential uses.
      10954 Old Highway 67, Diberville, MS 39540
      View Details
    • $899,000
      1,792 SF

      Versatile Property in Old D'Iberville

      Commercial and residential potential near Scarlet Pearl Casino.
      9498 Central Ave, Diberville, MS 39540
      View Details
    • $889,990
      0.96 Acres

      Waterfront Property in D'Iberville, MS

      Prime waterfront property near marina, casino, and interstate.
      117 Bay Shore Dr, Diberville, MS 39540
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space Near Growing Housing

      Retail space in a fast-growing area, available February 2026.
      14432 Lamey Bridge Rd, Diberville, MS 39540
      View Details
    • Contact for pricing

      Versatile D'Iberville Workshop with Apartment

      Unique property with workshop, apartment, and income potential.
      10281 3Rd Ave, Diberville, MS 39540
      View Details
    • Contact for pricing
      9,294 SF

      D'Iberville Income Producing Property

      Two buildings totaling 9,294 SF on 0.63 acres.
      10536 Auto Mall Pkwy, Diberville, MS 39540
      View Details
    • Contact for pricing

      Car Wash Business Opportunity

      Car wash business with potential for growth and modernization.
      10497 Diberville Blvd, Diberville, MS 39540
      View Details
    • $399,000
      3,068 SF

      D'Iberville Commercial Property For Sale

      High visibility location on Popps Ferry Road in D'Iberville.
      4511 Popps Ferry Rd, Diberville, MS 39540
      View Details
    • $950,000

      Restaurant/Bar Space Near Casino

      Restaurant/bar with kitchen, additional land, near Scarlet Pearl Casino.
      10096 Gorenflo Rd, Diberville, MS 39540
      View Details
    • $14,000,000
      65,839 SF

      Lakeview Village Retail Center

      65,839 SF Retail Center, 100% Leased
      3586 - 3516 Sangani Blvd, Diberville, MS 39540
      View Details

    FAQs

    What type of property is this?
    Commercial land - 9.2 acre commercial land parcel in D'Iberville, Mississippi.
    Where is this commercial land located?
    The property is located at Old Highway 67 Diberville, MS.
    What is the asking price?
    The asking price for this property is $5,418,846.
    What are key features of this property?
    This property features: - Located on the corner of West entrance to the Promenade shopping complex.; - Total of 9.2 AC.; - Possible uses include hotel, restaurant, service station, office or retail development.
    (228) 314-5000
    Request Owner's contact information
    Old Highway 67 Diberville, MS 39540
    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.
    Old Highway 67
    Diberville, MS 39540
    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
    Old Highway 67 Diberville, MS 39540
    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
    Lenny Sawyer
    Lenny Sawyer
    Real Estate License ID: B3550
    (228) 314-5000 (228) 861-1313 (228) 863-0232
    Learn more
    Google sign-in failed. Please try again or use another login method.