Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Holly Bush Rd Pelahatchie, MS 39047
    Back to Search
    Property profile & analytics

    Holly Bush Rd Pelahatchie, MS 39047

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

    Current Use by Public Records

    • Land

    Property Details for 0 Holly Bush Rd

    Lot size
    31.00 lot acres
    Property type
    Land

    Description

    This exceptional 31-acre property in Rankin County, near Brandon, Mississippi, presents a unique development opportunity. Situated off Holly Bush Road, less than a mile from Highway 25, this land boasts convenient access and existing infrastructure. Utilities including water, electricity, and sewer are readily available, eliminating significant upfront development costs. The property is one of the last undeveloped tracts in the area, surrounded by thriving, established subdivisions, making it an ideal location for a residential development or other commercial ventures. Its location in Pelahatchie, MS, zip code 39047 (latitude 32.3994, longitude -89.9461), offers a blend of tranquility and proximity to key transportation routes. The asking price is $930,000. This prime acreage presents a rare chance to build something extraordinary in a highly desirable location. The property is zoned for residential and recreational use, offering flexibility for various development plans. Don't miss this chance to acquire a significant piece of land in a rapidly growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pelahatchie
    County
    Rankin
    State
    Mississippi
    Longitude
    -89.9461
    Latitude
    32.3994

    Comparable in this City

    • Value Estimation by Request
      2.92 Acres

      2225 Highway 471

      Land • 1,800 SF
      2225 Highway 471, Brandon, MS 39047
      View Details
    • Value Estimation by Request
      15.54 Acres

      Grants Ferry Rd

      Land • 15.54 Acres
      0 Grants Ferry Rd, Brandon, MS 39047
      View Details
    • Value Estimation by Request
      0.78 Acres

      .78 Acres In Rankin County

      Land • 0.78 Acres
      0 .78 Acres In Rankin County, Flowood, MS 39047
      View Details
    • Value Estimation by Request
      1.33 Acres

      Spillway Rd

      Land • 1.33 Acres
      0 Spillway Rd, Brandon, MS 39047
      View Details
    • Value Estimation by Request
      2.92 Acres

      2225 Ms-471

      Land • 2.92 Acres
      2225 Ms-471, Brandon, MS 39047
      View Details
    • Value Estimation by Request
      1.30 Acres

      5653 Ms-25

      Land • 1.30 Acres
      5653 Ms-25, Flowood, MS 39047
      View Details

    Similar Nearby for Sale

    • $167,265
      539,708 SF

      Land For Sale

      Land available for sale.
      5 Mount Helm Rd, Brandon, MS 39047
      View Details
    • Contact for pricing

      Rankin County Acreage with Workshop

      1.06 acre lot with 1,500 SF drive-through workshop.
      116 Marsman Rd, Brandon, MS 39047
      View Details
    • $79,900
      0.23 Acres

      Residential Land in Arbor Landing

      Vacant land with access to reservoir and community amenities.
      176 Bald Eagle Dr, Brandon, MS 39047
      View Details
    • $190,000
      15.03 Acres

      15 Acres Vacant Land

      15.03 acres of wooded land in Rankin County, MS.
      Pisgah Rd, Brandon, MS 39047
      View Details
    • $165,000
      10.60 Acres

      Residential Homesite in Sand Hill

      10.6-acre surveyed homesite in Pisgah School District.
      Sand Hill Rd, Brandon, MS 39047
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Space in Desirable Location

      634 sq ft commercial space for lease with parking.
      1041 Lake Village Cir, Brandon, MS 39047
      View Details
    • Contact for pricing

      Office Space for Rent

      First floor office suite available for lease in Brandon, MS.
      216 Avalon Cir, Brandon, MS 39047
      View Details
    • Contact for pricing

      First Floor Office Space Available

      First floor office suites available for lease.
      216 Avalon Cir, Brandon, MS 39047
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space at Spillway Road

      Retail space available at a primary intersection in Brandon, MS.
      1865 Spillway Rd, Brandon, MS 39047
      View Details
    • Contact for pricing

      Office Space in Timberview Plaza

      Office suite available for lease in Rankin County, MS.
      1368 Old Fannin Rd, Brandon, MS 39047
      View Details
    • Contact for pricing
      2,906 SF

      Retail Space Available For Rent

      Former hair salon with reception, office, and open area.
      1190 Old Fannin Rd, Brandon, MS 39047
      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.
    Holly Bush Rd
    Pelahatchie, MS 39047
    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
    Holly Bush Rd, Pelahatchie, MS, 39047
    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!