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

    Hwy 80 Pearl, MS

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

    Commercial lots available in Pearl, Mississippi, with utilities on-site.

    Type:LAND
    Lot size:
    10.92 Acres
    Added:
    May 2, 2015
    Days on Market:
    4025
    Last Refresh:
    Apr 5 at 8:40 pm

    Property Features for Hwy 80

    General Information

    Standard status
    Active
    Lot size
    10.92 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Mark Warren
    Mark Warren

    Listing agent Mark Warren License #B-15174

    Listing office Mark Warren Real Estate, Inc.

    Listing date May 2, 2015

    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 Mark Warren Real Estate, Inc.

    HighLights

    • Commercial lots available ranging from .69 acres to 4.00 acres.
    • Located in Legacy Park on Hwy 80 between Goodyear and the Flying J/Petro Truck Plaza in Pearl, Mississippi.
    • Utilities are already on site.
    • Paved 3‑lane industrial park road.
    • Lots can be combined or subdivided depending on use.
    • Property is within the Pearl River flood control levee district.

    Overview

    Commercial Lots in Pearl, MS

    Located on Hwy 80 between Goodyear and the Flying J/Petro Truck Plaza in Pearl, Mississippi, Legacy Park features 10 commercial lots ranging from 0.69 acres to 4.00 acres. These lots can be combined or subdivided based on intended use. The property includes a paved three-lane industrial park road and on-site utilities. It is situated within the Pearl River flood control levee district. An additional 56.75 acres south of I-20 will adjoin this property once a road is constructed.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Pearl
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.136
    Latitude
    32.28

    Nearby Similar for Sale

    • $595,000

      Prime Commercial Lot in Pearl

      2.2 acre commercial lot with high visibility and accessibility.
      0000000000 Paul Truitt Lane, Pearl, MS 39208
      View Details
    • $385,000

      Pearl, MS Commercial Land

      Highly visible commercial land in the East Metro Corridor District.
      Old Brandon Road, Pearl, MS 39208
      View Details
    • $147,000

      Commercial Property in Growing Area

      Ideally located property perfect for retail or office in Pearl.
      Cross Park Drive, Pearl, MS 39208
      View Details
    • $135,000

      Commercial Land in Pearl, MS

      1.41+/- acre commercial parcel ready for development in Pearl, MS.
      River Ridge Parkway, Pearl, MS 39208
      View Details
    • $239,900

      Prime Land on Old Whitfield

      Two-acre commercial land with frontage on Old Whitfield Road.
      1801 Old Whitfield Road, Pearl, MS 39208
      View Details
    • $1,100,000

      Prime Land on Interstate 20

      Nearly 8 acres with high visibility and frontage.
      1803 Old Whitfield Road, Pearl, MS 39208
      View Details
    • $1,275,000
      16,600 SF

      Functional Industrial Asset in Pearl

      16,600 SF industrial property on 9.3 acres in Pearl, MS.
      720 M & O Drive, Pearl, MS 39208
      View Details
    • $649,500

      Prime Land I-20 Frontage

      4.43 acres with I-20 frontage in Pearl, Mississippi.
      1807 Old Whitfield Road, Pearl, MS 39208
      View Details
    • $155,000
      1,020 SF

      Pearl, MS Retail/Office Condo

      Retail/office condo in Pearl/Brandon area, conveniently located on Highway 80.
      401 Cross Park Dr lot: B, Pearl, MS 39208
      View Details
    • $200,000

      Prime Commercial Lot in Pearl

      One-acre commercial lot with high visibility and easy access.
      0 Country Place Parkway, Pearl, MS 39208
      View Details
    • $200,000

      Prime Commercial Lot in Pearl

      One-acre commercial lot with high visibility and easy access.
      Country Place Parkway, Pearl, MS 39208
      View Details
    • $950,000
      7,550 SF

      Pearl Office Building Investment

      7,550 SF office building with six units in Pearl.
      109 Westside Cv, Pearl, MS 39208
      View Details

    FAQs

    What type of property is this?
    Land - Commercial lots available in Pearl, Mississippi, with utilities on-site.
    Where is this land located?
    The property is located at Hwy 80 Pearl, MS.
    What are key features of this property?
    This property features: Commercial lots available ranging from .69 acres to 4.00 acres.; Located in Legacy Park on Hwy 80 between Goodyear and the Flying J/Petro Truck Plaza in Pearl, Mississippi.; **Utilities are already on site.**
    (601) 672-3485 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mark Warren
    Mark Warren
    Real Estate License ID: B-15174
    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
    Hwy 80 , Pearl, 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!