Property profile

575 Simpson Highway 28 W Pinola, MS 39149

FOR SALE
Land
Property ID
US50-Q025429
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Property summary

AI-generated overview

Discover endless possibilities with this 20±acre property located in Simpson County, MS. Featuring two existing structures once used for education; this property offers a solid foundation for various ventures, whether commercial, educational, recreational, or residential. Its prime location has significant highway frontage, ensuring excellent visibility and accessibility, perfect for businesses or services requiring high traffic exposure. With established power and water connections, setup times and costs are minimized, making it ready for diverse operations. The land comprises 13± acres of lush woods and 7± acres of open fields. The adaptable buildings, formerly schools, offer plenty of indoor space for customization, whether for a community center, school, training facility, or residential complex. Ideal for investors and developers seeking high returns, this property is a rare find in Simpson County, offering limitless potential for those looking to invest, develop, or create something unique in a prime location. Additionally, there's an option to include two residential buildings on the adjacent 7± acres.

Property profile

Verified
Property type Land
UPID US50-Q025429

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

575 Simpson Highway 28 W Pinola, MS 39149
Pinola metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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