Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10730 Co Rd 375 Philadelphia, MS 39350

    • Land
    • 1.00 lot acres
    For Sale
    View listing
    $480,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 10730 Co Rd 375

    Lot size
    1.00 lot acres
    Property type
    Land

    Description

    This exceptional 1-acre commercial lot presents a remarkable investment opportunity in the thriving retail corridor of Philadelphia, Mississippi. Strategically located between Walmart and Lowe's, this easily accessible corner lot enjoys unparalleled visibility from Highway 15 (with a traffic count of 20,000) and West Beacon Street. Its prime position ensures high exposure to a substantial daily flow of potential customers, making it ideal for a wide range of commercial ventures. The property's one-acre size offers ample space for development, allowing for flexibility in design and construction to suit diverse business needs. This is a rare chance to acquire a highly visible and well-situated lot in a bustling retail area, promising significant return on investment. Don't miss this opportunity to establish your business in a location with proven success and substantial foot traffic. The property is located at 10730 Co Rd 375, Philadelphia, MS 39350, in Neshoba County. The asking price is $480,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Neshoba
    State
    Mississippi
    Longitude
    -89.1361
    Latitude
    32.7666

    Comparable in this City

    • Value Estimation by Request
      10.80 Acres

      11 Stan Graham - Hwy

      Land • 10.80 Acres
      11 Stan Graham - Hwy, Philadelphia, MS 39350
      View Details
    • Value Estimation by Request
      620.00 Acres

      620 Acres In Neshoba County

      Agricultural land • 620.00 Acres
      620 Acres In Neshoba County, Philadelphia, MS 39350
      View Details
    • Value Estimation by Request
      3,504 SF

      1034 Holland Ave

      Commercial real estate • 3,504 SF
      1034 Holland Ave, Philadelphia, MS 39350
      View Details
    • Value Estimation by Request
      4,774 SF

      581 Center Ave

      Specialty properties • 4,774 SF
      581 Center Ave, Philadelphia, MS 39350
      View Details
    • Value Estimation by Request
      84,045 SF

      716 Pecan Ave

      Retail properties • 84,045 SF
      716 Pecan Ave, Philadelphia, MS 39350
      View Details
    • Value Estimation by Request
      1.50 Acres

      100 Red Oak Dr

      Specialty properties • 1.50 Acres
      100 Red Oak Dr, Philadelphia, MS 39350
      View Details

    Similar Nearby for Sale

    • $480,000
      1.00 Acre

      Prime Philadelphia Retail Lot

      High-traffic corner lot, 1 acre.
      10730 Co Rd 375, Philadelphia, MS 39350
      View Details
    • $950,000
      25.40 Acres

      Vacant Land in Philadelphia, MS

      25.4 acres of vacant land for sale.
      19860 Highway 21 S, Philadelphia, MS 39350
      View Details
    • Contact for pricing
      1.00 Acre

      Land For Sale, Philadelphia

      One acre lot with accessible utilities in central Philadelphia.
      E Myrtle St, Philadelphia, MS 39350
      View Details
    • $41,750
      16.70 Acres

      Vacant Land in Philadelphia, MS

      16.7 acres of vacant land for sale in Philadelphia, MS.
      Ms 19 South, Philadelphia, MS 39350
      View Details
    • $78,000

      Neshoba County Land For Sale

      Approximately 12 acres of land in Neshoba County, Mississippi.
      3 County Rd, Philadelphia, MS 39350
      View Details
    • $68,000

      Neshoba County Land For Sale

      Approximately 10 acres of open land in Neshoba County.
      2 County Rd, Philadelphia, MS 39350
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      84,045 SF

      Prime Philadelphia Retail Space

      Former Fred's: 10,000-20,336 SF Available
      716 Pecan Ave, Philadelphia, MS 39350
      View Details
    • $6 SF/Yr
      84,045 SF

      Pecan Ave Shopping Center Space

      Grocery-anchored retail space available; 10,000-20,336 sq ft.
      716 Pecan Ave, Philadelphia, MS 39350
      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.
    10730 Co Rd 375
    Philadelphia, MS 39350
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.