Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Highway 18 Brandon, MS 39042

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $650,000

    1.49 AC corner lot in growing Brandon, Mississippi.

    Lot size:
    1.49 Acres

    Property Features for Highway 18

    General Information

    Lot size
    1.49 Acres

    We can help!

    Listing Contact
    Philip Holman
    Philip Holman
    Source: Moodyscre

    Listing Agent: Philip Holman

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

    Learn more

    Overview

    Highway 18 Corner Outparcel Land

    This 1.49-acre corner outparcel lot fronts US Highway 18 at Stonebridge in Brandon, Mississippi. The lot features 260 feet of frontage on Highway 18 and is level with Stonebridge Road, providing ingress and egress from Stonebridge Road. Situated in a growing suburb of Jackson, MS, the property is part of a master-planned development that includes retail, residential, office, and educational components. Brandon High School and Stonebridge Elementary School are also part of the development. The property is surrounded by residential developments such as Lennox, Stonebridge, and the Meadows.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Brandon
    County
    Rankin
    State
    Mississippi
    Longitude
    -89.7824126
    Latitude
    32.0889698

    Nearby Similar for Sale

    • $285,000
      2,342 SF

      Brandon Duplex: Investment Opportunity

      Tenant-occupied duplex near reservoir, shopping, and employment centers.
      225 Brendalwood Blvd, Brandon, MS 39047
      View Details
    • $600,000
      6,089 SF

      Office Building in Brandon, MS

      Office complex with multiple suites and training rooms for sale.
      505 Avalon Way, Brandon, MS 39047
      View Details
    • Contact for pricing
      16,800 SF

      Retail Space in Crossgates Landing

      Prime retail space in high-traffic Brandon retail center.
      1490 W Government St, Brandon, MS 39042
      View Details
    • $770,000
      5,891 SF

      Brandon Office Investment Opportunity

      Two-story office building with a strong tenant and high cap rate.
      224 Commerce Dr, Brandon, MS 39042
      View Details
    • $3,360,000
      3,900 SF

      New Restaurant Property For Sale

      New construction restaurant property with long-term lease and rent increases.
      316 Stribling Ln, Brandon, MS 39042
      View Details
    • $1,500,000
      5,988 SF

      Established Office Building For Sale

      Office building with long-term tenant and minimal landlord responsibility.
      101 Christian Dr, Brandon, MS 39042
      View Details
    • $675,000
      6,089 SF

      Prime Brandon Office Complex

      Spacious Office Building, Excellent Location
      505 Avalon Way, Brandon, MS 39047
      View Details
    • $325,000
      3.53 Acres

      Prime Brandon Commercial Land

      3.53 Acres, Hwy 25 Access
      230 Donald Ln, Brandon, MS 39047
      View Details
    • $199,000
      1,863 SF

      Brandon Car Wash - Value Add Opportunity

      1,863 SF, 0.6-acre lot, $199,000
      312 Vlg Sq Dr, Brandon, MS 39047
      View Details
    • $525,000
      2,351 SF

      Prime Brandon Storefront Opportunity

      High-income retail/office space, billboard included.
      109 Grants Ferry Rd, Brandon, MS 39047
      View Details

    FAQs

    What type of property is this?
    Land - 1.49 AC corner lot in growing Brandon, Mississippi.
    Where is this land located?
    The property is located at Highway 18 Brandon, MS.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - 1.49 AC Corner Lot with 260' Frontage on Hwy 18; - Located in a Growing Brandon Suburb of Jackson, MS; - Part of a Master Planned Development (Retail, Residential, Office, Educational)
    (601) 291-0942
    Request Owner's contact information
    Highway 18 Brandon, MS 39042
    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.
    Highway 18
    Brandon, MS 39042
    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
    Highway 18 Brandon, MS 39042
    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
    Philip Holman
    Philip Holman
    (601) 291-0942
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.