Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    157.87 Acres In Oktibbeha Starkville, MS 39759
    Back to Search
    Property profile & analytics

    157.87 Acres In Oktibbeha Starkville, MS 39759

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

    Current Use by Public Records

    • Land

    Property Details for 0 157.87 Acres In Oktibbeha

    Lot size
    157.87 lot acres
    Property type
    Land

    Description

    This exceptional 157.87-acre tract in Oktibbeha County, Mississippi, presents a unique investment opportunity. Located near Starkville (zip code 39759), this property boasts two access points and over 2,100 feet of road frontage on Gray Road. An established internal road system enhances accessibility throughout the acreage. The land features a mature pine plantation, previously managed with prescribed burns to promote biodiversity. Evidence of past timber harvesting, including loading docks, suggests potential for continued timber production. The property's diverse features cater to various uses, including commercial development, recreational activities such as hunting, and residential construction. Proximity to power and water sources makes it ideal for building homes. The quiet location outside the Bradley community offers a peaceful setting while remaining conveniently located near Starkville. This versatile property is perfect for investors seeking a blend of timber investment, recreational land, and potential for future development. The property's size and features make it a rare find in this desirable area of Mississippi. Don't miss this chance to own a substantial piece of Oktibbeha County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Starkville
    County
    Oktibbeha
    State
    Mississippi
    Longitude
    -88.8083
    Latitude
    33.4697

    Comparable in this City

    • Value Estimation by Request
      11.73 Acres

      Side Of Hwy 25 / Carter Blvd

      Land • 11.73 Acres
      0 Side Of Hwy 25 / Carter Blvd, Starkville, MS 39759
      View Details
    • Value Estimation by Request
      0.16 Acres

      826 Ms-12

      Land • 0.16 Acres
      826 Ms-12, Starkville, MS 39759
      View Details
    • Value Estimation by Request
      333.77 Acres

      Highway 25

      Land • 333.77 Acres
      0 Highway 25, Starkville, MS 39759
      View Details
    • Value Estimation by Request
      6.50 Acres

      Louisville St

      Land • 6.50 Acres
      0 Louisville St, Starkville, MS 39759
      View Details
    • Value Estimation by Request
      26.88 Acres

      Side Hwy 25 / Carter Blvd

      Land • 26.88 Acres
      0 Side Hwy 25 / Carter Blvd, Starkville, MS 39759
      View Details
    • Value Estimation by Request
      1.40 Acres

      200 Collegeview Dr

      Land • 1.40 Acres
      200 Collegeview Dr, Starkville, MS 39759
      View Details

    Similar Nearby for Sale

    • $3,155,000
      1.40 Acres

      Collegeview District Land Opportunity

      1.4-acre Starkville commercial/residential land
      200 Collegeview Dr, Starkville, MS 39759
      View Details
    • $3,221,830
      185.60 Acres

      Hwy 25 Bypass Land Tract

      185.6 Acres, Starkville, MS
      0 Hwy 25 Byp, Starkville, MS 39759
      View Details
    • $239,600
      3,484,800 SF

      80 Acres Near Starkville, MS

      80 acres near Starkville and MSU with road frontage.
      1 Reed Rd, Starkville, MS 39759
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      Louisville St, Starkville, MS 39759
      View Details
    • Contact for pricing

      Development Site Near Mississippi State

      Prime 8.7-acre site for student housing development.
      1803 Blackjack Rd, Starkville, MS 39759
      View Details
    • Contact for pricing

      60.8 Acres Development Opportunity

      60.8 acres zoned R-5 and R-1 near Mississippi State.
      Carpenter Tract, Starkville, MS 39759
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Starkville Warehouse Space For Lease

      141,866 SF warehouse on 12 acres in Starkville, MS.
      203 Industrial Park Rd, Starkville, MS 39759
      View Details
    • Contact for pricing

      Flex Warehouse Space For Lease

      Flex warehouse space on 11.72 acres with outside storage.
      1025 Highway 45 North Alternate, Starkville, MS 39759
      View Details
    • Contact for pricing

      Starkville Industrial Park Warehouse Space

      Versatile industrial property with warehouse and retail/flex space available.
      212 Industrial Park Rd, Starkville, MS 39759
      View Details
    • Contact for pricing

      Flex Warehouse Space For Lease

      60,093 SF flex warehouse on 11.72 acres available for lease.
      1025 Highway 45 N Alt, Starkville, MS 39759
      View Details
    • $37 SF/Yr
      11,773 SF

      Starkville Medical Office Building

      Prime 11,773 SF medical facility, Starkville, MS
      225 Tomlinson Dr, Starkville, MS 39759
      View Details
    • Contact for pricing

      Prime Retail Space in Starkville

      Excellent 1,476 SF retail space in Midtown development.
      401 University Dr, Starkville, MS 39759
      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.
    157.87 Acres In Oktibbeha
    Starkville, MS 39759
    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
    157.87 Acres In Oktibbeha, Starkville, MS, 39759
    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!