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

    Sulphur Springs Road Lot 7 Canton, MS 39046

    View on Map
    Claim this Listing
    For Sale
    $202,725

    LAND - Canton, MS

    Lot size:
    23.85 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    11
    Last Refresh:
    May 4 at 9:06 pm

    Property Features for Sulphur Springs Road Lot 7

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    Unassigned
    Lot size
    23.85 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 7 of The Crosby Place Subdivision.
    Tax Annual Amount
    100

    Utilities

    Utilities
    Water Available
    Water source
    Public

    We can help!

    Listing Contact
    Bowers Cook Breazeale

    Listing agent Bowers Cook Breazeale License #S60623

    Listing office Hopper Properties 12 Woodgate Drive Suite A, Brandon, MS

    Listing date Apr 24, 2026

    MLS# 4147175 Listing URL

    Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    23.85 Acres in Canton, MS

    This property features 23.85 surveyed acres on Sulphur Springs Road in Madison County, MS. The land includes open pasture, gently rolling terrain, and scattered wooded areas. It offers a gated entrance and space for livestock, with multiple sites suitable for building a home. The property is located in a peaceful country setting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    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
    • $14,198,000

      Prime Industrial Land Opportunity

      207-acre industrial land near Madison County Mega Site.
      117 Old Yazoo City Rd, Canton, MS 39046
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 23.85 acres of surveyed land in Madison County, MS.
    Where is this agricultural land / farmland located?
    The property is located at Sulphur Springs Road Lot 7 Canton, MS.
    What is the asking price?
    The asking price for this property is $202,725.
    What are key features of this property?
    This property features: 23.85 surveyed acres; Open pasture and gently rolling terrain; Multiple sites for dream home
    (601) 988-8381
    We can help!
    Listing Contact
    Bowers Cook Breazeale
    Real Estate License ID: S60623
    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

    Thank You for Inquiry
    Sulphur Springs Road, Lot 7, Canton, MS 39046
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!