Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8645 Ms- 178 Byhalia, MS 38611
    Back to Search
    Property profile & analytics

    8645 Ms- 178 Byhalia, MS 38611

    View on Map
    • Commercial real estate
    • 6,500 SF
    • 2.71 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 8645 Ms- 178

    Year built
    1985
    Lot size
    2.71 lot acres
    Property size
    6,500 SF
    Property type
    Commercial real estate

    Description

    This exceptional 6,500 square foot commercial building in Byhalia, Mississippi, presents a remarkable opportunity for immediate occupancy. Situated on a meticulously surveyed 2.71-acre lot, the property boasts convenient access to all city utilities. The building features a comprehensive sprinkler system ensuring fire safety and peace of mind. Recent upgrades include fresh paint throughout, enhancing the overall aesthetic appeal. Restroom facilities are ample, including one full bathroom with a walk-in shower, and separate men's and women's half-bathrooms. A dedicated half-bath is also conveniently located within the shop area. Seven brand new roll-up doors provide easy access for loading and unloading, catering to a variety of business needs. The property is zoned C-2, offering flexibility for a range of commercial uses. Excellent lighting throughout the building ensures a bright and productive workspace. This turnkey property is ready for immediate possession, eliminating any delays in commencing operations. The combination of size, location, and modern amenities makes this an exceptional investment opportunity. Don't miss out on this chance to secure a prime commercial space in a thriving community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Byhalia
    County
    Marshall
    State
    Mississippi
    Longitude
    -89.701
    Latitude
    34.8751

    Comparable in this City

    • Value Estimation by Request
      1.52 Acres

      Stonewall Rd

      Land • 52,550 SF
      0 Stonewall Rd, Byhalia, MS 38611
      View Details
    • Value Estimation by Request
      6.70 Acres

      Ms-302

      Land • 6.70 Acres
      0 Ms-302, Byhalia, MS 38611
      View Details
    • Value Estimation by Request
      1,082 SF

      Byhalia, MS 38611

      COMMERCIAL (GENERAL) • 1,082 SF
      Byhalia, MS 38611
      View Details
    • Value Estimation by Request
      2,176 SF

      13887 Hwy 178

      COMMERCIAL (GENERAL) • 2,176 SF
      13887 Hwy 178, Byhalia, MS 38611-9338
      View Details
    • Value Estimation by Request
      17.00 Acres

      Stonewall Rd

      Land • 17.00 Acres
      0 Stonewall Rd, Byhalia, MS 38611
      View Details
    • Value Estimation by Request
      33.00 Acres

      Goodman Rd

      Commercial real estate • 33.00 Acres
      Goodman Rd, Byhalia, MS 38611
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Development Land For Sale

      17-acre commercial development land with interstate visibility.
      E Stonewall Rd, Byhalia, MS 38611
      View Details
    • $95,000
      1.90 Acres

      Residential Lot in Lewisburg District

      1.9 acre residential lot in Byhalia, MS, pad ready.
      6 Taylor Nichole Rd, Byhalia, MS 38611
      View Details
    • $99,999
      10.00 Acres

      Land For Sale, Byhalia, MS

      10 acres of land available in DeSoto County.
      Fairview Rd, Byhalia, MS 38611
      View Details
    • $129,000
      3.03 Acres

      Land in Byhalia, Mississippi

      Residential land available in Byhalia, Mississippi, with owner financing.
      21 Pebble View Dr, Byhalia, MS 38611
      View Details
    • $107,900
      12.00 Acres

      12 Acres of Scenic Land

      A 12-acre retreat with rolling hills and serene scenery.
      12 Acres Wall Hl Farms Rd, Byhalia, MS 38611
      View Details
    • $325,000
      48.00 Acres

      Byhalia Land with Home and Shop

      48 acres with home, shop, and potential for division.
      951 S Mount Zion Rd, Byhalia, MS 38611
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Development Land For Rent

      17 +/- acre commercial development with proposed neighborhood shopping center.
      E Stonewall Rd, Byhalia, MS 38611
      View Details
    • Contact for pricing

      Quality Drive Office Leasing Opportunity

      Modern office spaces with ample parking in Byhalia, MS.
      298 Quality Dr, Byhalia, MS 38611
      View Details
    • Contact for pricing
      855,568 SF

      Marshall County Logistics Park

      Four-building logistics park on 187 acres with highway access.
      and MS-302 Barringer Rd, Byhalia, MS 38611
      View Details
    • $8 SF/Yr
      14,400 SF

      Modern Office Space For Lease

      Modern office space in Byhalia, MS with ample parking.
      298 Quality Dr, Byhalia, MS 38611
      View Details
    • Contact for pricing
      10,235 SF

      Highway Frontage Retail/Office Space

      Retail or office space available on Highway 178.
      8975 Highway 178, Byhalia, MS 38611
      View Details
    • Contact for pricing
      1,508,220 SF

      Spacious Industrial Warehouse in Byhalia

      Large 1,508,220 SF warehouse with cross-dock and office space.
      Gateway Global Dr, Byhalia, MS 38611
      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.
    8645 Ms- 178
    Byhalia, MS 38611
    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
    8645 Ms- 178, Byhalia, MS, 38611
    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!