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    Old Hwy 49 Richland, MS 39218

    Sponsored
    For Sale
    $968,774

    Prime industrial land, excellent location, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.56-acre parcel of industrial land presents a compelling investment opportunity in Richland, Mississippi. Strategically located at the southeast quadrant of Old Highway 49 and Carrier Boulevard, the property enjoys outstanding visibility from two major thoroughfares. Its convenient location offers easy access to Interstate 20 and Highway 49, each less than a mile away. The land is zoned for industrial use, making it ideal for a variety of development projects. Situated in Rankin County, this site benefits from a desirable location within a growing area. The asking price is $968,774, translating to a land value of $4 per square foot. This property's prime location and industrial zoning create a unique opportunity for businesses seeking a strategic presence in a high-traffic area with convenient access to major transportation routes. The 39218 zip code further enhances its appeal. This is a rare chance to acquire a significant tract of land with exceptional potential for future development and growth. The property's size and location make it suitable for a wide range of industrial uses.

    Property Features for 0 Old Hwy 49

    General Information

    Property type
    Land
    Lot Size
    242,368 SF

    HighLights

    • Richland, MS industrial property, ±5.56 acres.
    • Excellent highway access via Hwy 49, I‑20, and I‑55.
    • Ideal for industrial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Richland
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.17060423
    Latitude
    32.26451082

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime industrial land, excellent location, high visibility.
    Where is this land located?
    The property is located at Old Hwy 49 Richland, MS.
    What is the asking price?
    The asking price for this property is $968,774.
    What are key features of this property?
    This property features: Richland, MS industrial property, ±5.56 acres.; Excellent highway access via Hwy 49, I-20, and I-55.; Ideal for industrial development.
    Request Owner's contact information
    Old Hwy 49 Richland, MS 39218
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    Richland, MS 39218
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    Realmo Value Estimation

    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.

    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.

    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
    Old Hwy 49 Richland, MS 39218
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