Improved Farmland with Pole
965 Yandell Rd Canton, MS 39046
For Sale
$199,999
Pending
Approximately 5 acres in Madison County, MS with a 40x60 pole barn and on-site water and electricity.
Property Size2,400 SF
Lot Size5.00 Acres
Days on Market217
Property Features for 965 Yandell Rd
General Information
- Standard status
- Pending
- Size
- 2,400 SF
- Lot size
- 5.00 Acres
- Property subtype
- Land
Listing Agency:
Bridges Properties, LLC
(601) 572-9101
Listed By:
Alex J Mann
(601) 572-9101
Source:
Exprealty
Added: Dec 18, 2025
Changed: Jul 22
Last Checked: Jul 22 at 9:41AM
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 Bridges Properties, LLC
Investment Insights
Based on property information with market context.
The property consists of approximately 5 acres with a 40x60 pole barn. It also has water and electricity already in place, which supports immediate use and can help reduce initial site setup costs.
The tract is located in Madison County, Mississippi, and offers open space with room to build. The site is described as convenient to nearby towns, schools, and major roadways, while maintaining a rural setting.
In addition to the existing pole barn, the acreage is presented as suitable for multiple potential uses, with zoning to be verified by the buyer.
The tract is located in Madison County, Mississippi, and offers open space with room to build. The site is described as convenient to nearby towns, schools, and major roadways, while maintaining a rural setting.
In addition to the existing pole barn, the acreage is presented as suitable for multiple potential uses, with zoning to be verified by the buyer.
Key Highlights
- Approximately 5+/- acres in Madison County, MS
- 40x60 pole barn on the property
- Water and electricity are already on site
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.3k | $8.04 |
| − Vacancy | −$1.6k | −$0.67 |
| EGI | $17.7k | $7.37 |
| − OpEx | −$2.7k | −$1.11 |
| NOI | $15.0k | $6.27 |
2,400 SF · lease $8.04/SF/yr · vacancy 8.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$214.9K
$188.0K – $250.7K
NOI $15,040 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$522.4K
$457.1K – $609.5K
NOI $36,571 @ 7.0% cap · market cap 18.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Agricultural land / Farmland
FAQs
What type of property is this?
Agricultural land / Farmland - Approximately 5 acres in Madison County, MS with a 40x60 pole barn and on-site water and electricity.
Where is this agricultural land / farmland located?
The property is located at 965 Yandell Rd Canton, MS.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Approximately 5+/- acres in Madison County, MS; 40x60 pole barn on the property; Water and electricity are already on site
