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

    1 Reed Road Starkville, MS 39759

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $239,600

    80 acres near Starkville and MSU with road frontage.

    Type:Land / Acreage (more than 10 acres)
    Property size:
    3,484,800 SF
    Lot size:
    80.00 Acres
    Added:
    Aug 19, 2025
    Days on Market:
    241
    Last Refresh:
    Mar 13 at 4:45 pm

    Property Features for 1 Reed Road

    General Information

    Standard status
    Active
    Size
    3,484,800 SF
    Lot size
    80.00 Acres
    Property subtype
    Land / Acreage (more than 10 acres)

    We can help!

    Listing Contact
    William W Wolfe

    Listing agent William W Wolfe License #S61274

    Listing office Hopper Properties

    Listing date Aug 19, 2025

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Hopper Properties

    Overview

    80 Acres Near Starkville, MS

    This property consists of 80 acres located minutes from downtown Starkville and Mississippi State University. A portion of the eastern property line borders the Starkville city limits. The land features approximately 1300 feet of frontage along Reed Road, providing access to the site. The timber was harvested last year, creating a blank canvas suitable for construction or replanting for future investment.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Starkville
    County
    Oktibbeha
    State
    Mississippi
    Longitude
    -88.832131
    Latitude
    33.463026

    Nearby Similar for Sale

    • $495,000

      2.3 Acre Corner Lot

      Corner lot near Mississippi State University and manufacturing plants.
      8916 Oktoc Rd, Starkville, MS 39759
      View Details
    • $499,999
      4,290 SF

      Starkville Townhome Investment Opportunity

      Four townhome units near Mississippi State University.
      1301 Louisville St. Apt. 31-34, Starkville, MS 39759
      View Details
    • $499,999
      4,290 SF

      Starkville Townhome Investment Opportunity

      Four townhome units near Mississippi State University in Starkville, MS.
      1301 Louisville St. Apt. 35-38, Starkville, MS 39759
      View Details
    • $510,000
      2,500 SF

      Commercial Property Near Mississippi State

      Commercial or mixed-use investment property near Mississippi State University.
      0 Boyd Road, Starkville, MS 39759
      View Details
    • $549,900

      Turn-Key Recreational Land Near Starkville

      94-acre recreational property with commercial potential near Starkville, Mississippi.
      US-82, Starkville, MS 39759
      View Details
    • $289,900
      1,360 SF

      Commercial Land Near Downtown Starkville

      2.3 acre commercial land opportunity near downtown Starkville.
      600 Dr Martin Luther King Jr Dr, Starkville, MS 39759
      View Details
    • $249,999
      2,178 SF

      Starkville Duplex Investment Opportunity

      Two townhome units near Mississippi State University.
      1301 Louisville St. Apt. 47-48, Starkville, MS 39759
      View Details
    • $1,750,000

      204-Acre Development Land Opportunity

      204 acres near Starkville, MS, ideal for development.
      0 MS HWY 12 W, Starkville, MS 39759
      View Details
    • $289,000
      2,042 SF

      Starkville Duplex Investment Opportunity

      Duplex near Mississippi State University, leased through July.
      590/592 Kirk Cauldy, Starkville, MS 39759
      View Details
    • $899,000
      5,630 SF

      Starkville Commercial Condominium for Sale

      Commercial condominium in the heart of Starkville, Mississippi.
      200 S Montgomery St Suite C, Starkville, MS 39759
      View Details
    • $89,900
      1,238 SF

      Commercial Building on Highway 12

      Historic commercial building with potential for business or residential use.
      7422 Mississippi 12, Starkville, MS 39759
      View Details
    • $330,000
      2,082 SF

      Spacious Duplex Near MSU

      Well-maintained duplex near MSU with strong income potential.
      Starkville, MS 39759
      View Details

    FAQs

    What type of property is this?
    Land - 80 acres near Starkville and MSU with road frontage.
    Where is this land located?
    The property is located at 1 Reed Road Starkville, MS.
    What is the asking price?
    The asking price for this property is $239,600.
    What are key features of this property?
    This property features: 80 acres of land, a blank canvas for your dreams.; Minutes from downtown Starkville and MSU.; Part of the eastern property line is the Starkville city limits.
    (662) 418-9946
    We can help!
    Listing Contact
    William W Wolfe
    Real Estate License ID: S61274
    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!