Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    577 Church Rd Madison, MS 39110
    Property profile & analytics

    577 Church Rd, Madison, MS 39110

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

    Current Use by Public Records

    • Land

    Property Details for 577 Church Rd

    Property type
    Land

    Description

    This exceptional 15+ acre commercial land parcel presents a remarkable investment opportunity in the thriving Gluckstadt, Mississippi area. Strategically located on Church Road, near Highway 51, this C2-zoned property offers unparalleled potential for development. The asking price is $2,950,000, with a land value ranging from $4.5 to $5.5 per square foot. The property includes an existing pond, which could be utilized for detention purposes. A conceptual drawing illustrating potential development into an office/warehouse complex is available. The seller is willing to subdivide the land to accommodate various development plans and offers attractive owner financing options, making this a highly accessible and flexible investment. The property's prime location and flexible zoning provide a strong foundation for a variety of commercial ventures, making it an ideal opportunity for both experienced developers and new investors seeking a high-return project in a rapidly growing Mississippi market. The address is 577 Church Rd, Madison, MS 39110, within Madison County. This is a rare chance to acquire a substantial tract of land in a desirable location with significant upside potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Mississippi
    Longitude
    -90.0825
    Latitude
    32.5317

    Comparable in this City

    • Value Estimation by Request
      45.76 Acres

      Calhoun Sta Pkwy

      Land
      0 Calhoun Sta Pkwy, Madison, MS 39110
      View Details
    • Value Estimation by Request
      39.00 Acres

      Gluckstadt Rd

      Land
      0 Gluckstadt Rd, Madison, MS 39110
      View Details
    • Value Estimation by Request
      1.02 Acres

      Hwy 463 - Windsor Park

      Land
      0 Hwy 463 - Windsor Park, Madison, MS 39110
      View Details
    • Value Estimation by Request

      Homestead Dr

      Land
      0 Homestead Dr, Madison, MS 39110
      View Details
    • Value Estimation by Request
      1.22 Acres

      342 Old Jackson Rd

      Land
      342 Old Jackson Rd, Madison, MS 39110
      View Details
    • Value Estimation by Request
      1.00 Acre

      Pkwy

      Land
      0 Pkwy, Madison, MS 39110
      View Details

    Similar Nearby for Sale

    • $263,720

      Land in Sawyer's Ridge

      Large lot in secluded Sawyer's Ridge Subdivision.
      159 Hunters Cv, Madison, MS 39110
      View Details
    • $611,582
      1.17 Acres

      Madison Commercial Land - Hwy 463

      Prime 1.17-acre commercial lot.
      0 Highway 463, Madison, MS 39110
      View Details
    • $1,500,000
      32.00 Acres

      32 Acres Private Retreat Land

      Rare large tract of land in prime Madison location.
      00 St Augustine Dr, Ridgeland, MS 39110
      View Details
    • Contact for pricing

      40 Acres of Land

      40 acres of land available for sale.
      208 Hardy Rd, Madison, MS 39110
      View Details
    • $174,000

      Land For Sale Madison, MS

      Land available in Madison, MS. Great location!
      22 Chestnut Hill Rd, Madison, MS 39110
      View Details
    • Contact for pricing

      Land For Sale

      1.989 acres of land available.
      577 Church Rd, Gluckstadt, MS 39110
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Proposed Class-A Office Building

      Proposed two-story, 40,000 SF Class-A office building for lease.
      124 One Madison Plz, Madison, MS 39110
      View Details
    • Contact for pricing

      Prime Retail Outparcel on Grandview

      1.37-acre outparcel ideal for retail or restaurant use.
      221 Grandview Blvd, Madison, MS 39110
      View Details
    • Contact for pricing
      4,834 SF

      Office/Warehouse Flex Space Available

      Versatile office and warehouse space in growing commercial zone.
      125 Solleftea Dr, Madison, MS 39110
      View Details
    • $29 SF/Yr
      2,071 SF

      Prime Madison Office Space Available

      Exclusive office space in a prime Madison location for lease.
      1 Woodgreen Pl, Madison, MS 39110
      View Details
    • Contact for pricing
      43,560 SF

      Madison Commercial Property For Rent

      C-2 zoned commercial property with great visibility and easy access.
      573 Highway 51, Madison, MS 39110
      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.
    577 Church Rd
    Madison, MS 39110
    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
    577 Church Rd, Madison, MS, 39110
    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!