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

    20 W Johnson Rd Tylertown, MS 39667

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $91,500

    Well-kept 3BR/2BA mobile home on 7.1 wooded acres.

    Lot size:
    7.10 Acres

    Property Features for 20 W Johnson Rd

    General Information

    Lot size
    7.10 Acres

    We can help!

    Listing Contact
    Danielle N Burnette
    Source: Moodyscre

    Listing Agent: Danielle N Burnette

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

    Learn more

    Overview

    Walthall County Mobile Home on Acreage

    Located on a quiet street in rural Walthall County, MS, this property features a 2003 model 3-bedroom, 2-bath mobile home situated on 7.1 acres of wooded land with hardwood trees. The home is well-maintained and includes a large back porch, a spacious living room, an open kitchen, wood laminate floors, and a spacious master suite. The property also includes two detached carports, two storage buildings, and a large front yard. There are no deed restrictions in place. This property is suitable for a weekend getaway, rental property investment, or permanent residence.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Tylertown
    County
    Walthall
    State
    Mississippi
    Longitude
    -90.191467
    Latitude
    31.086475

    Nearby Similar for Sale

    • $259,000
      5.56 Acres

      Highway 98 Retail Opportunity

      5.56 acre retail property with income potential on Highway 98.
      608 E 98 Hwy, Tylertown, MS 39667
      View Details
    • $199,950
      27.19 Acres

      Equestrian Property in Tylertown, MS

      27.19 acre horse property with covered arena and pond.
      Sims Thornhill Rd, Tylertown, MS 39667
      View Details
    • $150,000
      0.10 Acres

      Tylertown Commercial Property with Retail

      Two-story commercial building with retail and event space potential.
      807 Beulah Ave, Tylertown, MS 39667
      View Details
    • $594,900
      5,001 SF

      Turnkey Business Opportunity in Tylertown

      Home with business, inventory, and income-generating sign included.
      153 Highway 98, Tylertown, MS 39667
      View Details
    • $72,500
      0.12 Acres

      River Access Lot with Camper

      Turnkey vacation getaway with river access and outdoor entertaining area.
      Dillions Brg Rd, Tylertown, MS 39667
      View Details
    • $149,500

      Remodeled Country Home on Acre

      Move-in ready 4BR, 2BA farmhouse on 1 acre.
      47 Tom Warner Rd, Tylertown, MS 39667
      View Details
    • $295,000

      Established Pizza Inn Restaurant

      Turnkey Pizza Inn restaurant for sale in Tylertown, Mississippi.
      1503 Beulah Ave, Tylertown, MS 39667
      View Details
    • $150,000
      3,606 SF

      Unique Commercial Building in Tylertown

      Well-kept commercial building with expansion potential in Tylertown, Mississippi.
      110 Beulah Ave, Tylertown, MS 39667
      View Details
    • $1,450,000

      Turnkey Poultry Farm Investment Opportunity

      Six-house broiler farm on 38 acres near Tylertown, Mississippi.
      384 Mt Moriah Rd, Tylertown, MS 39667
      View Details
    • $1,200,000

      Highway 98 Commercial Property

      Turnkey Auto Sales Lot & More
      153 Highway 98, Tylertown, MS 39667
      View Details

    FAQs

    What type of property is this?
    Single family property - Well-kept 3BR/2BA mobile home on 7.1 wooded acres.
    Where is this single family property located?
    The property is located at 20 W Johnson Rd Tylertown, MS.
    What is the asking price?
    The asking price for this property is $91,500.
    What are key features of this property?
    This property features: - 7.1 acres of land in rural Walthall County MS; - Well-kept 3 Bedroom/2 Bath mobile home; - No deed restrictions
    (601) 249-7061
    Request Owner's contact information
    20 W Johnson Rd Tylertown, MS 39667
    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.
    20 W Johnson Rd
    Tylertown, MS 39667
    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
    20 W Johnson Rd Tylertown, MS 39667
    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
    Danielle N Burnette
    Real Estate License ID: S55926
    (601) 249-7061
    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.