Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    0000 Highway 82 Winona, MS 38967

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    0000 Highway 82 Winona, MS 38967

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

    Current Use by Public Records

    • Land

    Property Details for 0000 Highway 82

    Lot size
    28.00 lot acres
    Property type
    Land

    Description

    This exceptional 28-acre commercial land parcel presents a remarkable investment opportunity in Winona, Mississippi. Strategically located on Highway 82, less than four miles from Interstate 55, this property boasts unparalleled accessibility and visibility. The expansive acreage offers significant potential for a wide range of commercial or agricultural ventures. Utilities are readily available, including water, electricity, and natural gas, simplifying development and reducing upfront costs. The multi-use zoning allows for diverse development options, catering to a variety of business needs and maximizing investment returns. This prime location, coupled with its convenient access to major transportation arteries and readily available utilities, makes this property an ideal choice for businesses seeking a strategic foothold in a growing market. The asking price for this significant land holding is $599,999. The property is situated in Winona, Mississippi, zip code 38967, and is identified by county code 28097. Given its size, location, and utility access, this property represents a rare opportunity for significant commercial development or agricultural expansion. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Winona
    County
    28097
    State
    Mississippi
    Longitude
    -89.7951
    Latitude
    33.4716

    Comparable in this City

    • Value Estimation by Request
      0.80 Acres

      Old Legion Lake Rd

      Land • 0.80 Acres
      0 Old Legion Lake Rd, Winona, MS 38967
      View Details
    • Value Estimation by Request
      1,500 SF

      Winona, MS 38967

      COMMERCIAL (GENERAL) • 1,500 SF
      Winona, MS 38967
      View Details
    • Value Estimation
      $3,100,000
      27,808 SF

      Winona, MS 38967

      COMMERCIAL (GENERAL) • 27,808 SF
      Winona, MS 38967
      View Details
    • Value Estimation by Request
      383 SF

      Winona, MS 38967

      COMMERCIAL (GENERAL) • 383 SF
      Winona, MS 38967
      View Details
    • Value Estimation by Request
      5,600 SF

      Winona, MS 38967

      COMMERCIAL (GENERAL) • 5,600 SF
      Winona, MS 38967
      View Details
    • Value Estimation by Request
      1,028 SF

      Hair Shop

      COMMERCIAL (GENERAL) • 1,028 SF
      Hair Shop, Winona, MS 38967
      View Details

    Similar Nearby for Sale

    • New
      $549,999
      28.00 Acres

      Winona, MS Vacant Land

      28+/- acres of prime commercial/agricultural land on Hwy 82.
      0000 Highway 82, Winona, MS 38967
      View Details
    • $750,000
      90.00 Acres

      90 Acres Undeveloped Commercial Land

      Undeveloped commercial property with frontage on I-55 and NE Frontage.
      NE Frontage Rd, Winona, MS 38967
      View Details
    • $69,920
      36.80 Acres

      Winona Vacant Land For Sale

      36.8 acres of vacant land with I-55 frontage.
      Interstate 55, Winona, MS 38967
      View Details
    • $400,000
      1.50 Acres

      Prime Commercial Land Opportunity

      High-visibility land for retail, service, or investment development.
      NE Frontage Rd, Winona, MS 38967
      View Details
    • $400,000
      1.50 Acres

      Commercial Land at Interstate Intersection

      Prime commercial land with high visibility and excellent access.
      NE Frontage Rd, Winona, MS 38967
      View Details
    • $750,000
      11.00 Acres

      Prime Land at Interstate Intersection

      11+/- acre commercial property with high visibility and access.
      NE Frontage Rd, Winona, MS 38967
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,000 SF

      Retail Space in Winona, MS

      Retail center in Winona, Mississippi, with storefront spaces available.
      612-620 S Applegate St, Winona, MS 38967
      View Details
    • Contact for pricing
      2,582 SF

      Restaurant with Drive-Thru Available

      2,582 SF quick-service restaurant with drive-thru in Winona, MS.
      313 Highway 82, Winona, MS 38967
      View Details
    • Contact for pricing

      Restaurant Space with Drive-Thru

      Quick-service restaurant space with drive-thru and interstate access.
      313 Highway 82, Winona, MS 38967
      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.
    0000 Highway 82
    Winona, MS 38967
    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.
    Sign Up Successful!
    You now have access to more from Realmo!