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

    MS-25 Philadelphia, MS 39350

    View on Map
    Claim this Listing
    For Sale
    $299,000

    LAND - Philadelphia, MS

    Lot size:
    29.50 Acres
    Added:
    Jun 6, 2025
    Days on Market:
    329
    Last Refresh:
    Apr 30 at 1:06 am

    Property Features for MS-25

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    131090031-0000100
    Lot size
    29.50 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    111

    We can help!

    Listing Contact
    RUSSELL M WINSTON

    Listing agent RUSSELL M WINSTON

    Listing office BURKES LAND BROKERS 1064 Steele Rd, Starkville, MS

    Listing date Jun 6, 2025

    MLS# 25-1276 Listing URL

    Copyright © 2026 Golden Triangle Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land on MS-25

    This 29.5-acre commercial land is located at the intersection of MS Hwy 25 and Hwy 19 in Philadelphia, MS. The location benefits from a daily traffic count exceeding 7,000 cars, offering significant visibility. The property is centrally located for commuters traveling to and from Jackson. The site is accessible from two roads. Potential uses include a gas station or truck stop, storage units, or other commercial ventures. The property could also be subdivided into commercial or residential lots, offering an opportunity to recoup the initial investment by selling off the subdivided parcels.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Philadelphia
    County
    Neshoba
    State
    Mississippi
    Longitude
    -89.1208
    Latitude
    32.751

    Nearby Similar for Sale

    • $475,000
      3,504 SF

      Philadelphia Commercial Building For Sale

      3,504 sq ft commercial building with Hwy 19 frontage.
      1034 Holland Avenue, Philadelphia, MS 39350
      View Details
    • $319,900

      Philadelphia Farmhouse on Manicured Land

      Spacious farmhouse on 2.3 acres near Philadelphia, Mississippi.
      10171 Road 624, PHILADELPHIA, MS 39350
      View Details
    • $431,600

      70 Acres Vacant Land

      70 acre vacant land for sale in Philadelphia, Mississippi.
      00 Hwy 482, Philadelphia, MS 39350
      View Details
    • $621,600

      296-Acre Timber Investment Property

      Sportsman's paradise with timber investment potential and future development opportunities.
      Rd 2434, Philadelphia, MS 39301
      View Details
    • $150,000

      Philadelphia Commercial Investment Property

      14-acre commercial land near highways 19 and 15.
      999 Herman Alford Memorial Hwy, Philadelphia, MS 39350
      View Details
    • $30,000

      Land Near Neshoba County Fair

      Three acre lot near Philadelphia, MS and fairgrounds.
      Rd 412, Philadelphia, MS 39350
      View Details
    • $30,000

      Land Near Neshoba County Fair

      3 acres of land near Philadelphia and Neshoba County Fair.
      Rd 412, Philadelphia, MS 39350
      View Details
    • $180,000
      40,000 SF

      Layer Farm on 17.5 Acres

      Layer farm with two houses on 17.5 acres.
      12630 Road 147, Philadelphia, MS 39350
      View Details
    • $289,000

      Philadelphia Farmhouse with Open Layout

      Three-bedroom farmhouse near downtown Philadelphia, Mississippi.
      103 Bella Vista Dr., Philadelphia, MS 39350
      View Details
    • $30,000

      Land Near Neshoba County Fairgrounds

      3-acre lot, 7 miles from Philadelphia, ideal for building.
      10010 Rd 412, Philadelphia, MS 39350
      View Details
    • $229,000

      86 Acres of Vacant Land

      86 acre track with wildlife, home sites, and utilities.
      0 Road 418, Philadelphia, MS 39350
      View Details
    • $290,000

      Vacant Land in Philadelphia, MS

      5.9 acres of vacant land available in Philadelphia, Mississippi.
      10330 Road 375, Philadelphia, MS 39350
      View Details

    FAQs

    What type of property is this?
    Commercial land - 29.5 acres of commercial land with high traffic visibility.
    Where is this commercial land located?
    The property is located at MS-25 Philadelphia, MS.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: High traffic location at the intersection of MS Hwy 25 and Hwy 19 with over 7,000 cars daily.; 29 acres of land with access from 2 roads.; Centrally located for commuters to and from Jackson.
    (662) 268-4942
    We can help!
    Listing Contact
    RUSSELL M WINSTON
    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!