Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    St Stephens Rd New Hebron, MS 39140

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    St Stephens Rd New Hebron, MS 39140

    View on Map
    • Land
    • 74.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 St Stephens Rd

    Lot size
    74.00 lot acres
    Property type
    Land

    Description

    This exceptional 74-acre tract presents a unique investment opportunity in Lawrence County, Mississippi. Located on St. Stephens Road, just 2.4 miles from Highway 84, this property offers convenient access while maintaining a secluded feel. The land is predominantly hardwood, with approximately 15 acres of mature pines situated on the northern portion. A well-established trail system leads across a small stream to several existing food plots, ideal for hunting enthusiasts. The property's location within the Pearl River bottom provides a naturally beautiful and diverse landscape. The asking price is $220,000, translating to an attractive $2,973 per acre. This versatile property is suitable for a variety of uses, combining commercial potential with excellent recreational opportunities, making it an attractive investment for those seeking a blend of business and leisure. The property's address is St. Stephens Rd, New Hebron, MS 39140. Its GPS coordinates are 31.7309367 latitude and -90.0466559 longitude. This is a rare opportunity to acquire a significant land holding in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Hebron
    County
    Lawrence
    State
    Mississippi
    Longitude
    -90.0467
    Latitude
    31.7309

    Comparable in this City

    • Value Estimation by Request
      700 SF

      414 Indiana Ave

      COMMERCIAL (GENERAL) • 700 SF
      414 Indiana Ave, Newhebron, MS 39140
      View Details
    • Value Estimation by Request
      2,800 SF

      402 Main Ave

      COMMERCIAL (GENERAL) • 2,800 SF
      402 Main Ave, Newhebron, MS 39140-3200
      View Details
    • Value Estimation by Request
      3,960 SF

      Main Ave

      COMMERCIAL (GENERAL) • 3,960 SF
      Main Ave, Newhebron, MS 39140
      View Details
    • Value Estimation by Request
      1,920 SF

      406 Main Ave

      COMMERCIAL (GENERAL) • 1,920 SF
      406 Main Ave, Newhebron, MS 39140
      View Details
    • Value Estimation by Request
      996 SF

      Newhebron, MS 39140

      COMMERCIAL (GENERAL) • 996 SF
      Newhebron, MS 39140
      View Details
    • Value Estimation by Request
      1,312 SF

      207 Jefferson St

      COMMERCIAL (GENERAL) • 1,312 SF
      207 Jefferson St, Newhebron, MS 39140-3841
      View Details

    Similar Nearby for Sale

    • New
      $35,000
      Pending

      9.44 Acres in New Hebron

      9.44 acres of unrestricted land with road frontage.
      Heddie Ben Rd, Newhebron, MS 39140
      View Details
    • $500,000
      50.00 Acres

      50-Acre Tract on Pearl River

      50-acre tract with Pearl River frontage in Simpson County, MS.
      E Lower Rockport Rd, Newhebron, MS 39140
      View Details
    • $378,000
      137.00 Acres

      Hunter's Getaway in Simpson County

      137 acre hunting land with habitat potential near Pearl River.
      Rockport New Hebron Rd, Newhebron, MS 39140
      View Details
    • $102,585
      40.22 Acres

      40 Acres Hunting Land

      Hunter's paradise with mature timber and creek in Simpson County.
      Rockport New Hebron Rd, Newhebron, MS 39140
      View Details
    • Contact for pricing

      Charming Commercial Building on Main

      Historic building in New Hebron, MS with income potential.
      404 Main Ave Ext, Newhebron, MS 39140
      View Details
    • $82,500
      1,736 SF

      Historic Commercial Building in New Hebron

      Charming 1,736 SF commercial building in a small town.
      404 Main Ave, Newhebron, MS 39140
      View Details
    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.
    St Stephens Rd
    New Hebron, MS 39140
    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!