Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3698 Us-80 Pearl, MS 39208

    Sponsored
    For Sale
    $475,000
    Added:
    Dec 11, 2024
    Days on Market:
    422

    Property Features for 3698 Us-80

    General Information

    Property type
    Land
    Lot Size
    149,411 SF

    We can help!

    Listing Contact
    Abraham Mcdonald
    Abraham Mcdonald

    Learn more

    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pearl
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.090054694174
    Latitude
    32.283869776703

    Nearby Similar for Sale

    • New
      $147,000
      0.37 Acres

      Commercial Property in Growing Area

      Ideally located property perfect for retail or office in Pearl.
      Cross Park Dr, Pearl, MS 39208
      View Details
    • $2,150,000
      Pending

      Highway 80 Industrial Opportunity

      Three-building industrial property in Pearl, MS with ample storage.
      5012 Highway 80, Pearl, MS 39208
      View Details
    • $161,000
      1,020 SF

      Retail/Office Condo in Pearl, MS

      Retail/office condo in Pearl/Brandon area, close to I-20.
      401 Cross Park Dr, Pearl, MS 39208
      View Details
    • $2,300,000
      3,045 SF

      Operating Restaurant with Drive-Thru

      Operating restaurant franchise with drive-thru and interstate visibility for sale.
      300 Riverwind Dr East, Pearl, MS 39208
      View Details
    • Contact for pricing
      8,400 SF

      18-Unit Multifamily Investment Opportunity

      Multi-family property with strong rental history in Pearl, MS.
      409-412 Pearl Dr, Pearl, MS 39208
      View Details
    • $240,000
      3,344 SF

      Flex/Retail Space Near Interstate

      3,344 SF flex/retail space in high-traffic area.
      307 South Pearson Rd, Pearl, MS 39208
      View Details
    • Contact for pricing
      19,280 SF

      Updated Office Building with Lake View

      Updated office building with lake view, convenient access, and ample parking.
      200 Spring Lake Cv, Pearl, MS 39208
      View Details
    • Contact for pricing
      10,867 SF

      Freestanding Building in Pearl, MS

      10,867 SF retail building on 1.92 AC for sale.
      436 Riverwind Dr, Pearl, MS 39208
      View Details
    • Contact for pricing
      9,400 SF

      Flex Warehouse Buildings in Pearl

      Two flex warehouse buildings on 1.2 acres for sale.
      228 N Pearson Rd, Pearl, MS 39208
      View Details
    • Contact for pricing
      6,957 SF

      Pearl, MS Retail Investment Opportunity

      NNN leased investment property in Pearl, MS retail corridor.
      442 Riverwind Dr, Pearl, MS 39208
      View Details
    • $350,000
      1,928 SF

      Move-in Ready Medical Office

      Located across from Pearl High School with strong traffic.
      175 Doctors Dr, Pearl, MS 39208
      View Details
    • Contact for pricing
      7,237 SF

      Restaurant in Retail Corridor

      Freestanding restaurant in a high-traffic retail area near I-20.
      430 Riverwind Dr, Pearl, MS 39208
      View Details

    FAQs

    Where is this land located?
    The property is located at 3698 Us-80 Pearl, MS.
    What is the asking price?
    The asking price for this property is $475,000.
    Request Owner's contact information
    3698 Us-80 Pearl, MS 39208
    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.
    3698 Us-80
    Pearl, MS 39208
    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
    3698 Us-80 Pearl, MS 39208
    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

    We can help!
    Listing Contact
    Abraham Mcdonald
    Abraham Mcdonald
    Real Estate License ID: 59823
    Learn more
    Google sign-in failed. Please try again or use another login method.