Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2.86 Acres of Land Title is generated by Realmo AI

    2 M P Parker Road, McHenry, MS 39561

    View on Map
    Claim this Listing
    For Sale
    $51,480

    Unrestricted 2.86-acre parcel near Highway 49.

    Type:Land / Acreage (10 acres or less)
    Property size:
    124,581 SF
    Lot size:
    2.86 Acres
    Price / SF:
    $0.41/SF
    Added:
    May 15, 2026
    Days on Market:
    20
    Last Refresh:
    May 15 at 10:13 pm

    Property Features for 2 M P Parker Road

    General Information

    Standard status
    Active
    Size
    124,581 SF
    Lot size
    2.86 Acres
    Property subtype
    Land / Acreage (10 acres or less)

    We can help!

    Listing Contact
    Jessica F Lee
    Jessica F Lee

    Listing agent Jessica F Lee License #S54695

    Listing office Coastal Realty Group

    Listing date May 15, 2026

    Source Compass

    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 Coastal Realty Group

    HighLights

    • 2.86 acres of land with no restrictions.
    • Convenient location near Highway 49.
    • Opportunity to own property in a rural setting.
    • Suitable for mobile homes, RVs, animals, or building a home.
    • Short drive to the Gulf Coast.
    • Short drive to Hattiesburg.

    Overview

    This 2.86-acre parcel (Parcel 2) presents an opportunity for rural land ownership. The property has no restrictions. It is conveniently located near Highway 49, offering a short drive to the Gulf Coast and Hattiesburg. Potential uses include mobile homes, RVs, animals, or building a home.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Auto Parts Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McHenry
    County
    Stone
    State
    Mississippi
    Longitude
    -89.148022
    Latitude
    30.730316

    Nearby Similar for Sale

    • $63,950

      2.22 Acres Homesite in McHenry

      2.22-acre homesite with pond frontage in a new subdivision.
      Kahler Lane lot: 5, McHenry, MS 39561
      View Details
    • $53,950

      McHenry Homesite with Pond Frontage

      1.998-acre homesite with pond frontage in a six-lot subdivision.
      Kahler Lane lot: 6, McHenry, MS 39561
      View Details
    • $48,950

      Spacious Homesite in McHenry, MS

      2.3-acre homesite in a new six-lot subdivision.
      Kahler Lane lot: 4, McHenry, MS 39561
      View Details
    • $52,200

      Land Parcel in McHenry, MS

      2.9 acre land parcel with no restrictions in McHenry.
      Parcel 3 M P Parker Road, McHenry, MS 39561
      View Details
    • $53,640

      Land Parcel in McHenry, MS

      2.98 acres of unrestricted land near Highway 49.
      Parcel 5 M P Parker Road, McHenry, MS 39561
      View Details
    • $110,000

      Cleared Land Near Highway 49

      Ten acre parcel, mostly cleared, suitable for residential or recreational use.
      Lake Road, McHenry, MS 39561
      View Details
    • $52,920

      Land Parcel in McHenry, MS

      2.94 acre land parcel with no restrictions in McHenry.
      Parcel 4 M P Parker Road, McHenry, MS 39561
      View Details
    • $51,480

      Land in McHenry, Mississippi

      2.86 acres of unrestricted land near Highway 49.
      Parcel 2 M P Parker Road, McHenry, MS 39561
      View Details
    • $80,000

      8 Acres Land in McHenry

      8-acre land ideal for homesite or weekend retreat.
      8 Acres Parker Road, McHenry, MS 39561
      View Details
    • $135,000

      McHenry Homesite with Pond

      6.525 acre homesite with pond, cleared and ready to build.
      Kahler Lane lot: 4,5,6, McHenry, MS 39561
      View Details
    • $157,000

      Land Ideal for Homesite

      15+/- acres perfect for homesite or weekend retreat in McHenry.
      15 Acres Parker Road, McHenry, MS 39561
      View Details
    • $53,640
      129,808 SF

      Land Parcel in Rural Setting

      2.98 acre land parcel, convenient location, unrestricted use.
      5 M P Parker Road, McHenry, MS 39561
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Unrestricted 2.86-acre parcel near Highway 49.
    Where is this agricultural land / farmland located?
    The property is located at 2 M P Parker Road McHenry, MS.
    What is the asking price?
    The asking price for this property is $51,480.
    What are key features of this property?
    This property features: 2.86 acres of land with no restrictions.; Convenient location near Highway 49.; Opportunity to own property in a rural setting.
    (601) 528-0016
    We can help!
    Listing Contact
    Jessica F Lee
    Jessica F Lee
    Real Estate License ID: S54695
    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
    2 M P Parker Road, McHenry, MS 39561
    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!