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

    Old Byram Rd Byram, MS

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Centrally located land parcel with access on Old Byram Road.

    Type:LAND
    Lot size:
    146.00 Acres
    Added:
    Apr 1, 2025
    Days on Market:
    403
    Last Refresh:
    Apr 5 at 11:04 pm

    Property Features for Old Byram Rd

    General Information

    Standard status
    Active
    Lot size
    146.00 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Hank Holman

    Listing agent Hank Holman

    Listing office The Cress Group

    Listing date Apr 1, 2025

    Source Moodyscre

    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 The Cress Group

    HighLights

    • Centrally located for easy access to everything.
    • Access of Old Byram Road.
    • Will not subdivide - sell as whole piece.

    Overview

    Land on Old Byram Road

    This centrally located land parcel offers access from Old Byram Road. The property will be sold as a whole piece and will not be subdivided.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Byram
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.2356
    Latitude
    32.2185

    Nearby Similar for Sale

    • $625,000

      Prime Commercial Land Opportunity

      Commercial land with utilities in place, ready for development.
      5652 Terry Road, Byram, MS 39272
      View Details
    • $278,000
      3,210 SF

      Two Homes, One Investment Property

      Two homes on one lot, generating $3,100 monthly income.
      2039 S Ridge Road, Byram, MS 39272
      View Details
    • $699,000

      Commercial Land at Prime Intersection

      Hard corner lot in Byram, MS, C3 zoning.
      Davis Road, Byram, MS 39170
      View Details
    • $499,000
      4,000 SF

      Freestanding Building in Byram, MS

      4,000 SF building divided into three suites for sale.
      7112 S Siwell Rd, Byram, MS 39272
      View Details
    • $750,000

      Byram Commercial Land For Sale

      8.59 acre commercial property with frontage and highway access.
      Interstate 55, Byram, MS 39272
      View Details
    • $249,000

      Commercial Land in Prime Location

      Highly visible commercial land near major retail and busy intersection.
      Terry Road, Byram, MS 39272
      View Details
    • $2,699,000
      13,898 SF

      Established Daycare Business Opportunity

      13,898 SF building with an established daycare business.
      201 Byram Pkwy, Byram, MS 39272
      View Details
    • $525,000
      4,000 SF

      Byram Freestanding Commercial Building

      Freestanding 4,000 SF building with three suites in Byram.
      7112 S Siwell Rd, Byram, MS 39272
      View Details
    • $249,000

      Vacant Land Near Siwell Road

      2.4 acres of commercial land near a busy intersection.
      0 Terry Rd, Byram, MS 39272
      View Details
    • $1,490,000

      Prime Land for Retail Development

      C-3 zoned land ideal for retail or commercial development.
      5820 Terry Rd, Byram, MS 39272
      View Details
    • $14

      Prime Commercial Land in Byram

      Versatile commercial land ideal for retail development and investment.
      5812 Terry Road, Byram, MS 39272
      View Details
    • $40,000

      Residential Land in Byram, MS

      Land available in Byram, Mississippi.
      S Ridge Road lot: 10, Byram, MS 39272
      View Details

    FAQs

    What type of property is this?
    Land - Centrally located land parcel with access on Old Byram Road.
    Where is this land located?
    The property is located at Old Byram Rd Byram, MS.
    What is the asking price?
    The asking price for this property is $399,999.
    What are key features of this property?
    This property features: Centrally located for easy access to everything.; Access of Old Byram Road.; Will not subdivide - sell as whole piece.
    (601) 499-4317 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Hank Holman
    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
    Old Byram Rd, Byram, MS
    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!