Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10 In Scott County Harperville, MS 39074

    Property Lookup

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

    10 In Scott County Harperville, MS 39074

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

    Current Use by Public Records

    • Land

    Property Details for 10 In Scott County

    Lot size
    10.00 lot acres
    Property type
    Land

    Description

    This exceptional 10-acre commercial lot (Lot 9) presents a unique opportunity in Scott County, Mississippi. Located near Forest, MS, zip code 39074, this property boasts a desirable location with convenient access to nearby amenities while maintaining a peaceful, rural setting. The land has been recently cleared, providing a blank canvas for development. Water and electricity are readily available at the roadside, simplifying infrastructure needs. Ideal for a variety of commercial ventures, this expansive lot offers ample space for building a custom structure or establishing a significant commercial presence. The asking price is $49,900. This is one of nine similarly sized lots available, each averaging 10 acres, sold separately. Coordinates are 32.4910672 latitude and -89.5120084 longitude. This represents a rare chance to acquire a substantial parcel of land in a growing area of Mississippi. The property's size and location make it an attractive investment for those seeking a large, cleared lot ready for immediate development. Don't miss this chance to secure this prime commercial real estate.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Harperville
    County
    Scott
    State
    Mississippi
    Longitude
    -89.512
    Latitude
    32.4911

    Comparable in this City

    • Value Estimation by Request
      10.00 Acres

      10 In Scott County

      Land • 10.00 Acres
      10 In Scott County, Harperville, MS 39074
      View Details
    • Value Estimation by Request
      141.00 Acres

      141 Acres In Scott County

      Agricultural land / Farmland • 141.00 Acres
      141 Acres In Scott County, Harperville, MS 39074
      View Details
    • Value Estimation by Request
      14.23 Acres

      14.23 Acres

      Land • 14.23 Acres
      0 14.23 Acres, Harperville, MS 39074
      View Details
    • Value Estimation by Request
      30.00 Acres

      11281 Highway 21

      Land • 30.00 Acres
      11281 Highway 21, Forest, MS 39074
      View Details
    • Value Estimation by Request
      10.00 Acres

      10 In Scott County

      Land • 10.00 Acres
      10 In Scott County, Harperville, MS 39074
      View Details
    • Value Estimation by Request
      10.00 Acres

      10 In Scott County

      Land • 10.00 Acres
      10 In Scott County, Harperville, MS 39074
      View Details

    Similar Nearby for Sale

    • $383,000

      Land Available on Highway 80

      Land for sale on Highway 80 in Forest, Mississippi.
      00 Highway 80, Forest, MS 39074
      View Details
    • $179,000
      3,350 SF

      Highway Frontage Industrial/Commercial Opportunity

      3 acres with 3,350 SF building plus leasehold land.
      1030 W Third St, Forest, MS 39074
      View Details
    • New
      $127,500
      15.00 Acres

      Land on Highway 35, Forest

      15 acre commercial land with highway frontage near Forest, MS.
      Ms-35, Forest, MS 39074
      View Details
    • $800,000
      41,830 SF

      1 Midway Odom Rd. Rd, Forest, MS 39074

      Commercial real estate • 41,830 SF
      1 Midway Odom Rd. Rd, Forest, MS 39074
      View Details
    • $299,000
      125.00 Acres

      Recreational Land with 10-Acre Lake

      125-acre property with lake, timber, and homesite potential near Forest, MS.
      - Calhoun Ln, Forest, MS 39074
      View Details
    • $60,000
      1.60 Acres

      Prime Commercial Land in Forest

      1.6-acre commercial property with mixed-use potential in Forest, MS.
      1505 E Third St, Forest, MS 39074
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Eagle Plaza

      Retail space available in a busy shopping center.
      1303 Ms-35, Forest, MS 39074
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail spaces available, ranging from 1 to 6,000 square feet.
      939 Highway 35 S, Forest, MS 39074
      View Details
    • Contact for pricing
      19,700 SF

      Former Grocery Store in Forest

      19,700 SF retail space available for lease or sale.
      E Third St, Forest, MS 39074
      View Details
    • Contact for pricing
      4,160 SF

      Retail Space in Walmart Shadow

      Retail space available in Walmart shadow center with anchor tenants.
      1303 Highway 35, Forest, MS 39074
      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.
    10 In Scott County
    Harperville, MS 39074
    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!