Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4145 Ms-568 Magnolia, MS 39652

    Property Lookup

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

    4145 Ms-568 Magnolia, MS 39652

    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 4145 Ms-568

    Lot size
    10.00 lot acres
    Property type
    Land

    Description

    This exceptional 10-acre commercial land parcel in Pike County, Mississippi, presents a remarkable investment opportunity. Strategically located off Interstate 55, the property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. Its proximity to the interstate and a state highway ensures high traffic volume and easy access for customers and employees. The property is situated just seven miles north of the expanding city of McComb, MS, which has seen significant recent growth in commercial businesses, retail, and services. Nearby recreational attractions, including Percy Quin State Park and Quail Hollow Golf Course, further enhance the area's appeal and potential for related businesses. The property itself features power already on-site, with water readily accessible nearby. A significant portion of the land is composed of gravel and limestone, minimizing site preparation needs. Importantly, the entire property lies outside any designated flood zones. Potential uses are numerous and include, but are not limited to, convenience stores, truck stops, retail outlets, office buildings, storage facilities, or mobile home sales lots. This is a rare chance to acquire a highly visible, readily developable commercial property in a thriving area of South Mississippi. The asking price is $550,000. The address is 4145 MS-568, Magnolia, MS 39652.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Pike
    State
    Mississippi
    Longitude
    -90.4861
    Latitude
    31.113

    Comparable in this City

    • Value Estimation by Request
      166.06 Acres

      Easley Rd

      Agricultural land / Farmland • 166.06 Acres
      0 Easley Rd, Magnolia, MS 39652
      View Details
    • Value Estimation by Request
      0.56 Acres

      102 Myrtle St

      Land • 2,949 SF
      102 Myrtle St, Magnolia, MS 39652
      View Details
    • Value Estimation by Request
      30.00 Acres

      2 Chatawa Rd

      Agricultural land / Farmland • 30.00 Acres
      2 Chatawa Rd, Magnolia, MS 39652
      View Details
    • Value Estimation by Request
      30.00 Acres

      1 Chatawa Rd

      Agricultural land / Farmland • 30.00 Acres
      1 Chatawa Rd, Magnolia, MS 39652
      View Details
    • Value Estimation by Request
      20.00 Acres

      3 Chatawa Rd

      Agricultural land / Farmland • 20.00 Acres
      3 Chatawa Rd, Magnolia, MS 39652
      View Details
    • Value Estimation by Request
      80.00 Acres

      Chatawa Rd

      Agricultural land / Farmland • 80.00 Acres
      0 Chatawa Rd, Magnolia, MS 39652
      View Details

    Similar Nearby for Sale

    • $108,000
      18.13 Acres

      Pike County Land For Sale

      18.13 acre Pike County tract ideal for camp/homesite.
      Magnolia Progress Rd, Magnolia, MS 39652
      View Details
    • $247,670
      64.33 Acres

      64 Wooded Acres Near I-55

      64 wooded acres near I-55, ideal for recreation or homesite.
      Quinlivan Rd, Magnolia, MS 39652
      View Details
    • $49,900
      Pending

      Magnolia, MS Land Opportunity

      10+/- acres with homesite near Magnolia and I-55.
      1004 Zone Rd, Magnolia, MS 39652
      View Details
    • $375,000

      Magnolia Hunting and Fishing Property

      55-acre hunting and fishing property with furnished camp near I-55.
      6136 Magnolia Progress Rd, Magnolia, MS 39652
      View Details
    • $96,000
      Pending

      Pike County Land For Sale

      16 acre Pike County land tract suitable for camp/homesite.
      Magnolia Progress Rd, Magnolia, MS 39652
      View Details
    • $625,000
      50.00 Acres

      50 Acres with Income Potential

      Hunting land with rental income from three mobile homes.
      2171 Lela Dr, Magnolia, MS 39652
      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.
    4145 Ms-568
    Magnolia, MS 39652
    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!