Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    02 Savannah Millard Rd. Poplarville, MS 39470

    View on Map
    Claim this Listing
    Pending
    $50,260

    Residential Land, Res Single Family - Poplarville, MS

    Type:Single Family Residence
    Lot size:
    3.59 Acres
    Added:
    Apr 29, 2024
    Days on Market:
    740
    Last Refresh:
    May 8 at 11:06 am

    Property Features for 02 Savannah Millard Rd.

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    none
    Standard status
    Pending
    Lot size
    3.59 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Butch Vines

    Listing agent Butch Vines License #B-15694

    Listing office Vines Realty & Land 2516 Old Hwy 24 Ste E, Hattiesburg, MS 39402, Hattiesburg, MS, MS

    Listing date Apr 29, 2024

    MLS# 137826 Listing URL

    Copyright © 2026 Hattiesburg Area Association 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.

    HighLights

    • Easy access to I‑59 (2 miles away) for convenient commuting.
    • Large, mature pine and hardwood trees on rolling terrain create a beautiful and private setting.
    • Located in a quiet rural area between Picayune and Poplarville.
    • Protective covenants ensure a quality lifestyle and maintain property values.
    • Parcel sizes range from 3.59 to 11.28 acres, offering ample space.
    • Limited number of parcels (10 total) ensures exclusivity.

    Overview

    Residential Land in Quiet Setting

    This residential land is part of the Millwood Estates, a small rural development consisting of 10 parcels. Located in Pearl River County, the property fronts on Savannah Millard Rd and offers convenient access to I-59, which is only 2 miles away. The parcels feature large, mature pine and hardwood trees and a rolling terrain. The location provides a quiet rural setting between Picayune and Poplarville. The available parcels range in acreage from 3.59 to 11.28 acres. Protective covenants are in place, allowing only homes to ensure a quality lifestyle.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Hotel & Motel Kitchen & Bath Showroom Pharmacy Auto Parts Store Storage Facility Department Store Furniture & Home Goods

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

    Location Insight

    • Map
    • Local Demand
    City
    Poplarville
    County
    Pearl River
    State
    Mississippi
    Longitude
    -89.5858
    Latitude
    30.8781

    Nearby Similar for Sale

    • $89,000
      1,558 SF

      Downtown Poplarville Commercial Space

      Versatile commercial space in the heart of Poplarville, Mississippi.
      418 S Main St, Poplarville, MS 39470
      View Details
    • $99,900
      525 SF

      New Commercial Building on Main

      New, energy-efficient commercial building perfect for a small business.
      426 S. Main Street, Poplarville, MS 39470
      View Details
    • $64,000

      Commercial Lot in Poplarville, MS

      Commercial lot suitable for business development in Poplarville, Mississippi.
      1302 South Main St., Poplarville, MS 39470
      View Details
    • $259,000
      1,172 SF

      Poplarville Commercial Property For Sale

      Commercial property in a growing area suitable for various businesses.
      593 Hwy 26 East, Poplarville, MS 39470
      View Details
    • $359,900

      Poplarville Acreage with Stocked Pond

      40.24 acres with pastureland, barn, and stocked pond.
      76 Rue Peter Ln., Poplarville, MS 39470
      View Details
    • $90,000

      Poplarville Vacant Land Opportunity

      6 acres of mostly cleared land ready for development.
      000 Ovelle Lee Rd, Poplarville, MS 39466
      View Details
    • $51,100

      Residential Land in Millwood Estates

      Land parcels with mature trees, convenient location, and protective covenants.
      04 Savannah Millard Rd., Poplarville, MS 39470
      View Details
    • $1,320,000

      Poplarville Commercial Land For Sale

      16.5 acre commercial land with high visibility.
      00 Hwy 26 East, Poplarville, MS 39470
      View Details
    • $855,000

      190 Acres of Recreational Land

      190-acre tract ideal for hunting, recreation, or building a home.
      0 Stanford Lake Rd, Poplarville, MS 39470
      View Details
    • $23,000

      Unrestricted Land in Poplarville, MS

      2.97 acres of unrestricted land with endless potential.
      Lot 2 Benjamin Lane, Poplarville, MS 39470
      View Details
    • $80,000

      Cleared Land Ready to Build

      7.7 acres of cleared, level land with pond.
      60 Lees Lane, Poplarville, MS 39470
      View Details
    • $285,000

      Poplarville Land on Highway 11

      9.468 acre lot with frontage on Highway 11.
      NHN Hwy 11, Poplarville, MS 39470
      View Details

    FAQs

    What type of property is this?
    Land - Land with mature trees, rolling terrain, and easy access.
    Where is this land located?
    The property is located at 02 Savannah Millard Rd. Poplarville, MS.
    What is the asking price?
    The asking price for this property is $50,260.
    What are key features of this property?
    This property features: Easy access to I‑59 (2 miles away) for convenient commuting.; Large, mature pine and hardwood trees on rolling terrain create a beautiful and private setting.; Located in a quiet rural area between Picayune and Poplarville.
    (601) 261-3236
    We can help!
    Listing Contact
    Butch Vines
    Real Estate License ID: B-15694
    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

    Thank You for Inquiry
    02 Savannah Millard Rd., Poplarville, MS 39470
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!