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

    County Road 1970 lot 17 Saltillo, MS 38866

    View on Map
    Claim this Listing
    Picture of Land at County Road 1970 lot 17, Saltillo, MS
    For Sale
    $42,500

    Lot/Land - Saltillo, MS

    Type:Single Family Residence
    Lot size:
    2.08 Acres
    Added:
    Feb 2, 2026
    Days on Market:
    84
    Last Refresh:
    Apr 27 at 4:06 pm

    Property Features for County Road 1970 lot 17

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    480

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    KIM WOOD
    KIM WOOD

    Listing agent KIM WOOD License #13295

    Listing office Rachel Ray Real Estate LLC 106 North Camp Ave., New Albany, MS 38652, New Albany, MS

    Listing date Feb 2, 2026

    MLS# 25-425 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.

    Overview

    Saltillo Land for Sale

    This 2.08-acre lot is located within the Saltillo School District. Water and gas utilities are available. The owner will consider financing with a $3,500 down payment, subject to the owner's terms. Note that mobile homes are not permitted, and subdividing the property is prohibited.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Saltillo
    County
    Lee
    State
    Mississippi
    Longitude
    -88.6292
    Latitude
    34.3954

    Nearby Similar for Sale

    • $59,900

      Saltillo Residential Lot Opportunity

      1.4± acre lot ready for new construction in Saltillo.
      0 County Road 681, Saltillo, MS 38866
      View Details
    • $59,900

      Saltillo Residential Lot Opportunity

      1.4± acre homesite ready for new construction in Saltillo.
      0 County Road 681, Saltillo, MS 38866
      View Details
    • $59,900

      Residential Lot in Saltillo, MS

      1.4± acre lot ready for new construction in Saltillo.
      0 County Road 681, Saltillo, MS 38866
      View Details
    • $59,900

      Residential Lot in Growing Area

      1.4± acre lot ready for new construction in Saltillo.
      0 County Road 681, Saltillo, MS 38866
      View Details
    • $475,000

      Prime Commercial Land, Saltillo, MS

      1.1-acre commercial lot with high visibility and easy access.
      4361 N Gloster St., Saltillo, MS 38866
      View Details
    • $224,900
      2,000 SF

      Saltillo Commercial Property on Mobile

      Commercial property on Mobile Street with open interior space.
      357 Mobile Street, Saltillo, MS 38866
      View Details
    • $1,641,600
      9,840 SF

      MagnoliaView Park Investment Opportunity

      New 12-unit apartment complex in Saltillo, MS with high CAP.
      171 Road 2296, Saltillo, MS 38866
      View Details
    • $1,600,000

      Commercial Land on N. Gloster

      3.20 acres of commercial land in Saltillo, Mississippi.
      1457 Beech Springs Road, Saltillo, MS 38866
      View Details
    • $190,000

      20 Acres in Saltillo

      20.55 acres in Saltillo school district off Birmingham Ridge.
      CR 2250, Saltillo, MS 38866
      View Details
    • $22,500

      Land in Springhill Community

      3.6 acre tract near Saltillo and Tupelo.
      0 County Road 1389, Saltillo, MS 38866
      View Details
    • $155,700

      Commercial Land in Saltillo, MS

      0.54 acre commercial lot with great visibility.
      Lot 5 Willowbrook, Saltillo, MS 38866
      View Details
    • $187,700

      Commercial Land in Saltillo, MS

      One-acre commercial lot with great location and visibility.
      Lot 4 Willowbrook, Saltillo, MS 38866
      View Details

    FAQs

    What type of property is this?
    Land - 2.08 acre lot in Saltillo School District.
    Where is this land located?
    The property is located at County Road 1970 lot 17 Saltillo, MS.
    What is the asking price?
    The asking price for this property is $42,500.
    What are key features of this property?
    This property features: 2.08 acre lot in Saltillo School District; Owner financing available with $3,500 down; Water and gas available
    (662) 316-3812
    We can help!
    Listing Contact
    KIM WOOD
    KIM WOOD
    Real Estate License ID: 13295
    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!