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    Remarkable Acreage Near Flora, MS Title is generated by Realmo AI

    00560 Pocahontas Road, Flora, MS 39071

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    Claim this Listing
    For Sale
    $6,720,000

    LAND - Flora, MS

    Lot size:
    560.00 Acres
    Added:
    Mar 2, 2026
    Days on Market:
    95
    Last Refresh:
    Jun 5 at 4:06 pm

    Property Features for 00560 Pocahontas Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    Part Of 2853-0190-000
    Lot size
    560.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    560 acres +/-
    Tax Annual Amount
    150630

    Utilities

    Utilities
    Water Available
    Water source
    Public
    Water front features
    Lake Front, Waterfront, Lake
    Water front
    1

    We can help!

    Listing Contact
    Shane Saxton

    Listing agent Shane Saxton License #S53519

    Listing office Hopper Properties 12 Woodgate Drive Suite A, Brandon, MS

    Listing date Mar 2, 2026

    MLS# 4140972 Listing URL

    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.

    HighLights

    • 560+/- acre tract just outside Flora with lake access and public water available
    • Shared access to a 65+/- acre trophy fishing lake with a concrete boat ramp
    • Lakefront opportunities with multiple potential lakefront build sites for waterfront views
    • Mature hardwood timber scattered throughout the property, supporting wildlife habitat
    • Extensive road frontage with multiple access points and existing limestone driveways
    • On‑site road system with 11 food plots already in place

    Overview

    This remarkable 560+/- acre tract, located just outside of Flora, offers a combination of natural beauty, privacy, recreational opportunities, and long-term development potential in Madison County. The property features open ground suitable for home construction, equestrian facilities, or future development. Mature hardwood timber is scattered throughout, providing scenic character and wildlife habitat. There are homesite options across the entire property, suitable for a private estate or multiple residences. A notable feature is shared access to a 65+/- acre trophy fishing lake, complete with a concrete boat ramp. Several potential lakefront build sites allow for waterfront homes with peaceful views. With extensive road frontage, multiple access points, and existing limestone driveways, the property offers usability and flexibility. The existing infrastructure makes it well-suited for a private retreat and positions it strategically for future subdivision or phased residential development. The mature hardwoods support abundant deer and turkey populations, with trophy-caliber opportunities. There is a road system throughout the property with 11 food plots already in place. The property is minutes from Madison, Flora, and the greater Jackson, Mississippi metro area. This acreage is suitable for building a family compound, creating a multi-generational retreat, or developing estate homesites.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Big Box & Wholesale Store Law Firm Auto Repair Shop Auto Parts Store Hair Salon Hotel & Motel Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Flora
    County
    Madison
    State
    Mississippi
    Longitude
    -90.300717
    Latitude
    32.535452

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    FAQs

    What type of property is this?
    Land - 560+/- acre tract with development potential near Flora, Mississippi.
    Where is this land located?
    The property is located at 00560 Pocahontas Road Flora, MS.
    What is the asking price?
    The asking price for this property is $6,720,000.
    What are key features of this property?
    This property features: 560+/- acre tract just outside Flora with lake access and public water available; Shared access to a 65+/- acre trophy fishing lake with a concrete boat ramp; Lakefront opportunities with multiple potential lakefront build sites for waterfront views
    (601) 540-5040
    We can help!
    Listing Contact
    Shane Saxton
    Real Estate License ID: S53519
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    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.

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