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

    410 Sea Island Dr Vicksburg, MS 39183

    • Commercial real estate
    • 0.56 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US50-0506380
    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 410 Sea Island Dr

    Lot size
    0.56 lot acres
    Property type
    Commercial real estate

    Description

    This Vicksburg, MS property offers a 1,680 sq ft home with recent bathroom updates and a new septic system (installed three years ago). The home features laminate flooring throughout, a spacious 720 sq ft porch with stunning lake views, and a 2,400 sq ft concrete pad underneath for ample storage or parking. Included appliances are a washer, dryer, stove, and refrigerator. Most furniture is included, making this a turnkey property. The home is fueled by propane, supplied by a 300-gallon tank, which also powers the fireplace and stove. Water and power are conveniently located under the house. This 0.56-acre lot is situated on Eagle Lake in Warren County, offering a tranquil waterfront setting. The property's address is 410 Sea Island Drive, Vicksburg, MS 39183. Asking price is $195,000.

    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
    Vicksburg
    County
    Warren
    State
    Mississippi
    Longitude
    -91.0454
    Latitude
    33.5331

    Comparable in this City

    • Contact for pricing
      202,888 SF

      Vicksburg Multifamily Portfolio

      Portfolio of 3 apartment communities with 239 units in Vicksburg, MS.
      2501 Culkin Rd, Vicksburg, MS 39183
      View Details
    • $160,000

      Established Mobile Home Park Investment

      Mobile home park with 28 lots and income potential.
      2800 Freetown Rd, Vicksburg, MS 39183
      View Details
    • New
      $998,000
      7,500 SF

      Renovated Apartment Complex in Vicksburg

      Fully renovated 10-unit apartment complex with immediate income potential.
      1101 First Ave N, Vicksburg, MS 39183
      View Details
    • $65,000
      Pending

      Residential Land in Vicksburg, MS

      9.86 acre residential land suitable for multiple home sites.
      3026 Bovina Cut Off Rd, Vicksburg, MS 39183
      View Details
    • $62,000
      13.00 Acres

      13 Acres of Commercial Land

      13-acre commercial or residential land with endless possibilities.
      000 South St South, Vicksburg, MS 39183
      View Details
    • $2,000,000
      6,500.00 Acres

      Vicksburg Land with Hunting Potential

      6,500-acre property near Mississippi River, ideal for hunting.
      6791 Eagle Lake Shore Rd, Vicksburg, MS 39183
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      202,888 SF

      Vicksburg Multifamily Portfolio

      Portfolio of 3 apartment communities with 239 units in Vicksburg, MS.
      2501 Culkin Rd, Vicksburg, MS 39183
      View Details
    • New
      $998,000
      7,500 SF

      Renovated Apartment Complex in Vicksburg

      Fully renovated 10-unit apartment complex with immediate income potential.
      1101 First Ave N, Vicksburg, MS 39183
      View Details
    • $160,000

      Established Mobile Home Park Investment

      Mobile home park with 28 lots and income potential.
      2800 Freetown Rd, Vicksburg, MS 39183
      View Details
    • $65,000
      Pending

      Residential Land in Vicksburg, MS

      9.86 acre residential land suitable for multiple home sites.
      3026 Bovina Cut Off Rd, Vicksburg, MS 39183
      View Details
    • $2,850,000

      Land Near Vicksburg National Park

      Land located near Vicksburg National Military Park entrance.
      3332 Clay St, Vicksburg, MS 39183
      View Details
    • $865,000
      154.00 Acres

      154-Acre Hunting Retreat with Rebuilt Home

      154-acre hunting retreat with a rebuilt 2,752 sq ft home.
      17746 Oak Ridge Rd, Vicksburg, MS 39183
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      25,000 SF

      Versatile Retail/Flex/Industrial Space Available

      Adaptable building suitable for retail, flex, industrial, or office use.
      1315 Clay St, Vicksburg, MS 39183
      View Details
    • Contact for pricing
      125,000 SF

      Vicksburg Warehouse with Expansion

      125,000 SF warehouse with expansion and multiple office areas.
      1725 N Washington St, Vicksburg, MS 39183
      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.
    410 Sea Island Dr
    Vicksburg, MS 39183
    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.