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

    Soldiers Colony Rd Canton, MS 39046

    Sponsored
    For Sale
    $1,300,000

    COMMERCIAL - Canton, MS

    Property size:
    907,355 SF
    Lot size:
    20.83 Acres
    Days on Market:
    288
    Last Refresh:
    Feb 10 at 6:06 am

    Property Features for Soldiers Colony Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    092g-26-005/01.00
    Size
    907,355 SF
    Lot size
    20.83 Acres

    We can help!

    Listing Contact
    Scott Overby
    Scott Overby

    The Overby Company (601) 366-8511

    Listing agent Scott Overby License #B-16214

    Listing date Apr 29, 2025

    MLS# 4111517

    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

    Overview

    Prime Commercial Land Near Nissan

    This 20.83-acre commercial property is positioned for development, located adjacent to the newly announced 1,500,000 square foot Nissan supplier warehouse expansion. The property is situated across I-55 from the Canton Wal-Mart, offering visibility from the interstate and convenient access. Zoned C-3 (General Commercial), the land is suited for various commercial uses, including retail, hospitality, service, or light industrial development. The property benefits from high traffic counts. It is located in Canton, MS, in Madison County. The property's size is approximately 907355 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Canton
    County
    Madison
    State
    Mississippi
    Longitude
    -90.06772
    Latitude
    32.597622

    Nearby Similar for Sale

    • New
      $899,000
      Pending

      Authentic Bar & Grill Opportunity

      Established bar and grill with additional revenue streams and expansion potential.
      1275 Ratliff Ferry Rd, Canton, MS 39046
      View Details
    • $260,000
      14.00 Acres

      Canton Land with Metal Building

      14-acre property with metal building and horse barn.
      001 Green Acres Dr, Canton, MS 39046
      View Details
    • $1,350,000
      14,000 SF

      Highway 43 Commercial Suites

      High-traffic location near I-55, ideal for investment or owner-user.
      1976 Highway 43, Canton, MS 39046
      View Details
    • $850,000
      9,200 SF

      Industrial Truck Repair Facility

      7,200 SF industrial facility on 5+ acres.
      251 Yandell Rd, Canton, MS 39046
      View Details
    • $35,000
      764 SF

      Canton Commercial Property For Sale

      Commercial property in Canton, MS, with tenant in place.
      302 N West St, Canton, MS 39046
      View Details
    • $495,000
      12,000 SF

      Canton Office Building For Sale

      10,990 SF office building in Canton's business district.
      3390 N Liberty St, Canton, MS 39046
      View Details
    • $6,104,088
      44,095 SF

      Canton Specialty Clinic For Sale

      Turn-key ambulatory surgery center in a high-traffic retail corridor.
      1883 Highway 43 S, Canton, MS 39046
      View Details
    • $749,000
      14,000 SF

      Canton Industrial Flex Property

      14,000 SF industrial flex property near I-55.
      831 East Peace St, Canton, MS 39046
      View Details
    • Contact for pricing
      238,150 SF

      Canton Warehouse/Distribution Property For Sale

      238,150 SF warehouse/distribution property with 28 dock doors.
      555 Matthews Dr, Canton, MS 39046
      View Details
    • $299,000
      14,895 SF

      Historic Canton District Industrial Building

      Former cotton gin with over 14,000 square feet.
      436 W Peace St, Canton, MS 39046
      View Details
    • $299,000
      16,241 SF

      Historic Canton Commercial Gem

      Massive Cotton Gin, Endless Potential
      436 Peace St, Canton, MS 39046
      View Details
    • $169,500
      900 SF

      Canton Commercial Space: Prime Location

      Historic Canton Square, versatile 900 sq ft.
      164 Center St, Canton, MS 39046
      View Details

    FAQs

    What type of property is this?
    Commercial land - 20.83 acres, high visibility, ideal for commercial development.
    Where is this commercial land located?
    The property is located at Soldiers Colony Rd Canton, MS.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Prime development land spanning 20.83 acres, ideal for diverse commercial ventures.; - Excellent visibility and easy access from I-55.; - Adjacent to Nissan's 1,500,000 SF supplier warehouse expansion.
    (601) 624-8511
    Request Owner's contact information
    Soldiers Colony Rd Canton, MS 39046
    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.
    Soldiers Colony Rd
    Canton, MS 39046
    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
    Soldiers Colony Rd Canton, MS 39046
    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
    Scott Overby
    Scott Overby
    Real Estate License ID: B-16214
    (601) 624-8511
    Learn more
    Google sign-in failed. Please try again or use another login method.