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
    Property profile & analytics

    64 Simon Rd Tylertown, MS 39667

    • Commercial real estate
    For Sale
    View listing
    $295,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US50-1376872
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 64 Simon Rd

    Property type
    Commercial real estate

    Description

    This exceptional 55.8-acre property in Tylertown, Mississippi, presents a unique investment opportunity. Priced at $295,000, the land includes a three-bedroom, two-bathroom mobile home, ideal for immediate occupancy or rental income. The home features a newer metal roof, and the HVAC system and water heaters are approximately six years old. While some finishing work is needed in the kitchen, one bathroom, and flooring, the home offers significant potential for renovation and increased value. A substantial tractor barn, also suitable for workshop use, is situated on the property. The land itself is a blend of cleared and wooded areas. The front portion of the property is cleared, providing ample space for various uses, while the rear portion remains wooded, offering privacy and potential for future development. The property's location is easily accessible, with precise boundaries clearly shown in the accompanying photographs. This versatile property is perfect for those seeking a rural retreat, a fixer-upper project, or a land investment with existing structures. The combination of acreage, existing buildings, and the potential for improvement makes this a compelling opportunity in the Tylertown, MS market (zip code 39667).

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tylertown
    County
    Walthall
    State
    Mississippi
    Longitude
    -90.1120696
    Latitude
    31.125165

    Comparable in this City

    • $64,900
      Pending

      Walthall County Land Opportunity

      12.5+/- acres in Walthall County, MS, ideal for homesite.
      199 Airline Hwy, Tylertown, MS 39667
      View Details
    • $45,500
      7.00 Acres

      Sandy Hook Land For Sale

      7 acre property suitable for building a home or camp.
      Highway 48, Sandy Hook, MS 39667
      View Details
    • New
      $183,554
      Pending

      Secluded 45.9 Acres in Tylertown

      45.9 acres of secluded land in Walthall County, Mississippi.
      Carters Crk Rd, Tylertown, MS 39667
      View Details
    • $75,000
      13.50 Acres

      Tylertown Land with Utilities

      13.5 acres of wooded land with utilities in Tylertown, MS.
      427 Ginntown Rd, Tylertown, MS 39667
      View Details
    • $69,900
      Pending

      Tylertown, MS Land Parcel

      10-acre tract ideal for homesite, camp, hunting, or retreat.
      Tom Warner Rd, Tylertown, MS 39667
      View Details
    • Contact for pricing
      4.37 Acres

      Residential and Hunting Land

      4.37 acre property suitable for residential and hunting purposes.
      Z C Rushing Rd, Tylertown, MS 39667
      View Details

    Similar Nearby for Sale

    • $89,500

      Bogue Chitto River Getaway

      1.1+/- acre lot with river views and RV hookups.
      102 Dillons Bridge Rd, Tylertown, MS 39667
      View Details
    • Contact for pricing
      4.37 Acres

      Residential and Hunting Land

      4.37 acre property suitable for residential and hunting purposes.
      Z C Rushing Rd, Tylertown, MS 39667
      View Details
    • $79,500
      16.50 Acres

      16.5 Acres in Tylertown, MS

      Land with two septic systems, ideal for rural development.
      161 Old Holmesville Rd, Tylertown, MS 39667
      View Details
    • New
      $55,000
      12.00 Acres

      Vacant Land in Tylertown, MS

      12 acres of vacant land for sale in Tylertown.
      Lawrence Reid Rd, Tylertown, MS 39667
      View Details
    • $35,500
      6.00 Acres

      Land For Sale, Sandy Hook

      6.11 acre lot suitable for building a home.
      Jessie Stogner Rd, Sandy Hook, MS 39667
      View Details
    • Contact for pricing
      1.10 Acres

      Unrestricted 1.1-Acre Homesite in Tylertown

      1.1-acre unrestricted property near Tylertown, MS, ideal for homesite.
      275 Pushapatapa Rd, Tylertown, MS 39667
      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.
    64 Simon Rd
    Tylertown, MS 39667
    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.