Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Diamondhead, MS Building Lot Title is generated by Realmo AI

    638 Banyan Place lot 25, Diamondhead, MS 39525

    View on Map
    Claim this Listing
    Picture of Land at 638 Banyan Place lot 25, Diamondhead, MS
    For Sale
    Contact for pricing

    LAND - Diamondhead, MS

    Type:Single Family Residence
    Lot size:
    0.27 Acres
    Added:
    Apr 15, 2025
    Days on Market:
    417
    Last Refresh:
    Jun 5 at 12:06 pm

    Property Features for 638 Banyan Place lot 25

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    068q-1-41-102.000
    Lot size
    0.27 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    25 BLK 1 DIAMONDHEAD PHASE #1 AMENDED PLAT OF UNITS 2 & 6
    Tax Annual Amount
    119

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Pam Hense
    Pam Hense

    Listing agent Pam Hense License #S25998

    Listing office RE/MAX Coast Delta Realty 5400 Indian Hill Blvd., Diamondhead, MS

    Listing date Apr 15, 2025

    MLS# 4110200 Listing URL

    Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Great building lot ready for your dream home.
    • Public water source available.
    • Public sewer connected.
    • Cable available for your entertainment needs.
    • Location coordinates provided for easy navigation.
    • Property owners dues: $62.00/month.

    Overview

    This 0.27-acre building lot is located in Diamondhead, Mississippi. Prospective buyers must agree to pay monthly property owners' dues of $62.00.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Diamondhead
    County
    Hancock
    State
    Mississippi
    Longitude
    -89.383312
    Latitude
    30.385538

    Nearby Similar for Sale

    • $425,000

      Waterfront Land in Diamondhead, MS

      1.45-acre waterfront lot for dream home in Diamondhead, Mississippi.
      2450 IKI PLace, Diamondhead, MS 39525
      View Details
    • $225,000
      1,349 SF

      Remodeled Retail/Office Space in Diamondhead

      Renovated commercial space in Diamondhead business district, suitable for various uses.
      4350 Leisure Time Drive, Diamondhead, MS 39525
      View Details
    • $295,000

      Waterfront Lot in Diamondhead, MS

      0.35-acre waterfront lot with boathouse and deep water access.
      328 Puunani Place, Diamondhead, MS 39525
      View Details
    • $250,000

      Waterfront Residential Land Lot

      Build your home on a waterfront lot with deep-water access and direct views of the Jordan River.
      1436 Hanakealoha Place, Diamondhead, MS 39525
      View Details
    • $350,000

      Waterfront Land with Deep Water Access

      Waterfront lot with deep water access and a new bulkhead, positioned for bay-and-river views and recreation.
      1434 Hanakealoha Place, Diamondhead, MS 39525
      View Details
    • $69,900

      Waterfront Lot Ready to Build

      Waterfront lot with house pad, bulkhead, and boat shed.
      1446 Hanakealoha Place, Diamondhead, MS 39525
      View Details
    • $59,500

      Waterfront Lot with Private Dock

      Waterfront lot with full bulkhead and private dock on a wide, navigable canal for boating access.
      350 Loulu Place lot: 39, Diamondhead, MS 39525
      View Details
    • $55,000

      Diamondhead Corner Lot Homesite

      Corner lot near Diamondhead Country Club with mature oak trees.
      777 Moanalua Way, Diamondhead, MS 39525
      View Details
    • $59,000

      Diamondhead Land Overlooking Golf Course

      Residential lot with golf course views in Diamondhead, Mississippi.
      67177 E Diamondhead Drive lot: 13, Diamondhead, MS 39525
      View Details
    • $64,900

      Waterfront Lot in Diamondhead, MS

      Waterfront lot on the Mississippi Gulf Coast.
      3430 Lumahai Place lot: 16, Diamondhead, MS 39525
      View Details
    • $10,000

      Residential Lot in Diamondhead, MS

      Residential land for sale in Diamondhead, Mississippi.
      7313 Ahi Drive lot: 6, Diamondhead, MS 39525
      View Details
    • $52,000

      Waterfront Canal Lot for Custom Home

      Build on a 0.2-acre waterfront canal lot with direct access to open water and room for boat storage.
      3526 Lumahai Place lot: 14, Diamondhead, MS 39525
      View Details

    FAQs

    What type of property is this?
    Land - Residential land available in Diamondhead, Mississippi.
    Where is this land located?
    The property is located at 638 Banyan Place lot 25 Diamondhead, MS.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Great building lot ready for your dream home.; Public water source available.; Public sewer connected.
    (228) 263-2595
    We can help!
    Listing Contact
    Pam Hense
    Pam Hense
    Real Estate License ID: S25998
    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
    638 Banyan Place lot: 25, Diamondhead, MS 39525
    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!