Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    276 Nissan Pkwy Canton, MS 39046

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

    1.648 acre commercial land with utilities in place.

    Type:Land
    Lot size:
    1.65 Acres
    Added:
    Jul 11, 2024
    Days on Market:
    657
    Last Refresh:
    Mar 17 at 1:26 pm

    Property Features for 276 Nissan Pkwy

    General Information

    Standard status
    Active
    Lot size
    1.65 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Brian E. Estes
    Brian E. Estes

    Listing agent Brian E. Estes License #MS B12489

    Listing office Estes Bush Real Estate LLC

    Listing date Jul 11, 2024

    Source Crexi

    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 Estes Bush Real Estate LLC

    Overview

    Commercial Land Near Nissan Parkway

    This 1.648-acre commercial land is located in Madison County and offers convenient access to I-55. All utilities are in place. The property is situated near the newly constructed 700,000 square foot Amazon Fulfillment facility at the Madison County Mega Site. It is also located across the street from Merit Health Hospital Madison and less than 2 miles from the Nissan Vehicle Assembly plant, which employs over 5,000 people. The property is part of a well-maintained, 100% occupied office and warehouse plaza consisting of 5 brick buildings and 1 vacant lot. The owner is selling the vacant lot, which is suitable for office or warehouse development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Canton
    County
    Madison
    State
    Mississippi
    Longitude
    -89.9822
    Latitude
    32.6346

    Nearby Similar for Sale

    • $850,000
      9,200 SF

      Industrial Truck Repair Facility

      7,200 SF industrial facility on 5+ acres.
      251 Yandell Road, Canton, MS 39046
      View Details
    • $1,350,000
      14,000 SF

      Highway 43 Commercial Suites

      High-traffic location near I-55, ideal for investment or owner-user.
      1976 Hwy 43, Canton, MS 39046
      View Details
    • $349,900

      21 Acres in Madison County

      21-acre tract ideal for estate, compound, or investment.
      364 Yandell Road, Canton, MS 39046
      View Details
    • $400,000

      Canton Commercial Land I-55 Frontage

      4 acres of C-2 zoned land near Nissan and Amazon.
      Hawkins Lane, Canton, MS 39046
      View Details
    • $1,350,000

      Cleared Commercial Tract near I-55

      10.26 acre commercial tract ready for immediate development.
      124 Davis Crossing Road, Canton, MS 39046
      View Details
    • $368,125

      Versatile Acreage in Madison County

      Multi-use land with timber, recreation, and development potential.
      Lot 2 Whiddon Road, Canton, MS 39046
      View Details
    • $368,125

      Versatile Acreage in Madison County

      38+/- acre tracts with timber, recreation, and development potential.
      Lot 4 Whiddon Road, Canton, MS 39046
      View Details
    • $368,125

      Versatile Acreage in Madison County

      Multi-use acreage with timber, recreation, and development potential.
      Lot 1 Whiddon Road, Canton, MS 39046
      View Details
    • $368,125

      Versatile Acreage in Madison County

      38+/- acre tracts with timber, recreation, and development potential.
      Lot 3 Whiddon Road, Canton, MS 39046
      View Details
    • $142,750

      Land in Madison County

      9.39 acre tract with utilities ready for development.
      009 Green Acres Drive, Canton, MS 39046
      View Details
    • $995,000

      186.5 Acres in Madison County

      Recreational land with diverse terrain and year-round creek access.
      0186 Potluck Road, Canton, MS 39046
      View Details
    • $35,000
      764 SF

      Canton Commercial Property For Sale

      Commercial property in Canton, MS, with tenant in place.
      302 N West Street, Canton, MS 39046
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.648 acre commercial land with utilities in place.
    Where is this commercial land located?
    The property is located at 276 Nissan Pkwy Canton, MS.
    What is the asking price?
    The asking price for this property is $715,000.
    What are key features of this property?
    This property features: Great location with easy access to I‑55; All utilities are in place; Located between Amazon Fulfillment facility and I‑55
    (601) 906-8999 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brian E. Estes
    Brian E. Estes
    Real Estate License ID: MS B12489
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!