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    1338 Beulah Rd Beulah, MS 38726

    • Land
    • 21.60 lot acres
    For Sale
    View listing
    $80,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1338 Beulah Rd

    Lot size
    21.60 lot acres
    Property type
    Land

    Description

    This exceptional 21.6-acre commercial property in Bolivar County, Mississippi, presents a unique investment opportunity. Located at 1338 Beulah Road, Beulah, MS 38726, this tract boasts ample road frontage on Beulah Road, providing excellent accessibility. Approximately 13 acres are currently cultivated, offering potential for continued agricultural use or conversion to hunting food plots. The property's northern boundary is defined by Bouge Phalia, a natural waterway attracting diverse wildlife. This attractive feature enhances the property's recreational value. Existing utility connections simplify development, making it ideal for immediate construction of a camp house or RV site. The property's location just outside of Pace, MS, offers a blend of rural tranquility and convenient access to nearby amenities. With its versatile land, abundant wildlife, and readily available utilities, this property is well-suited for a variety of commercial or recreational uses. The asking price is $80,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Beulah
    County
    Bolivar
    State
    Mississippi
    Longitude
    -90.8669
    Latitude
    33.7917

    Comparable in this City

    • Value Estimation by Request

      2 Greenwood Miller Rd

      Land
      2 Greenwood Miller Rd, Beulah, MS 38726
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    • Value Estimation by Request
      2,000 SF

      Of Levee

      COMMERCIAL (GENERAL) • 2,000 SF
      Of Levee, Beulah, MS 38726
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    • Value Estimation by Request
      1,500 SF

      Pace To Beulah

      COMMERCIAL (GENERAL) • 1,500 SF
      Pace To Beulah, Beulah, MS 38726
      View Details
    • Value Estimation by Request
      1,555 SF

      Elwood Rd

      COMMERCIAL (GENERAL) • 1,555 SF
      Elwood Rd, Beulah, MS 38726
      View Details
    • Value Estimation by Request
      4,750 SF

      Hwy 1st 1

      COMMERCIAL (GENERAL) • 4,750 SF
      Hwy 1st 1, Beulah, MS 38726
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    • Value Estimation by Request
      2,500 SF

      321 Mound City Rd

      COMMERCIAL (GENERAL) • 2,500 SF
      321 Mound City Rd, Beulah, MS 38726-9418
      View Details

    Similar Nearby for Sale

    • $80,000
      21.60 Acres

      Beulah, MS Commercial Land - $80k

      21.6 Acres, Abundant Wildlife, Utilities Connected
      1338 Beulah Rd, Beulah, MS 38726
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    • $250,000

      Lake Beulah Cabin: Prime Retail Opportunity

      Cypress lake house, 3BR/2BA, short-term rental potential.
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    Beulah, MS 38726
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    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
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