Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    503 Apache Dr McComb, MS 39648
    Back to Search
    Property profile & analytics

    503 Apache Dr, McComb, MS 39648

    View on Map
    • Distribution centers
    • 7,000 SF
    • 1.73 lot acres
    Off-Market
    Property ID
    US50-1379483
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Distribution centers

    Property Details for 503 Apache Dr

    Year built
    2000
    Lot size
    1.73 lot acres
    Property type
    Distribution centers
    APN
    592906 ; PPIN022070

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 28, 2021 — Roberts Real Estate Investments LLC — Deed · related $445k · Trustmark National Bank
    May 25, 2021 — Roberts Real Estate Investments LLC Penn Properties LLC Warranty Deed $445k · Trustmark National Bank

    Description

    This exceptional 7,000-square-foot warehouse in McComb, Mississippi, presents a significant investment opportunity. Located on a 1.73-acre lot at 503 Apache Drive, this property boasts prime visibility from I-55, ensuring high traffic exposure. Built in 2000, the building features a 100x126 clear span metal structure with 16-foot ceilings, providing ample space for various commercial ventures. The warehouse includes offices, a break room, and storage rooms, enhancing its functionality. Four loading docks, two of which are hydraulic, are complemented by a 26x70 covered canopy, facilitating efficient loading and unloading. Fifty parking spaces are available for employees and customers. The property is zoned Commercial, offering flexibility for a wide range of uses, including climate-controlled mini storage, a gym, production or storage warehouse, or retail space. MDOT traffic counts estimate approximately 27,000 vehicles pass by in a two-day period. The asking price is $575,000, with the seller open to leasing options at $3,500 per month. This property represents a rare chance to acquire a well-maintained, strategically located warehouse in a thriving commercial area. The APN is 592906

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    McComb
    County
    Pike
    State
    Mississippi
    Longitude
    -90.4807185
    Latitude
    31.2551571

    Comparable in this City

    • $925,000
      4,800 SF

      MS Cannabis Cultivation Facility

      Turn-key Cannabis Operation, $925,000
      0 Address Not Disclosed, McComb, MS 39648
      View Details
    • $850,000
      37,602 SF

      Versatile Commercial Property in McComb

      37,602 SF commercial property on 9.64 acres in McComb, MS.
      3012 S 98, McComb, MS 39648
      View Details
    • $459,500
      4,066 SF

      McComb Commercial Property For Sale

      Commercial property with office and shop areas on 2 acres.
      1030 Longleaf Dr, McComb, MS 39648
      View Details
    • Contact for pricing

      Highway Commercial Land For Sale

      19 Acres of Highway Commercial Land at Interstate 55.
      2169 Veterans Blvd, McComb, MS 39648
      View Details
    • $125,000
      2,122 SF

      McComb Commercial Opportunity

      Commercial property in McComb with open layout, customizable for various uses.
      220 S Railroad Blvd, McComb, MS 39648
      View Details
    • $140,000
      0.17 Acres

      Prime Corner Lot in McComb

      High-visibility corner lot with redevelopment potential in McComb, MS.
      230 Main St, McComb, MS 39648
      View Details

    Similar Nearby for Sale

    • $925,000
      4,800 SF

      MS Cannabis Cultivation Facility

      Turn-key Cannabis Operation, $925,000
      0 Address Not Disclosed, McComb, MS 39648
      View Details
    • $459,500
      4,066 SF

      McComb Commercial Property For Sale

      Commercial property with office and shop areas on 2 acres.
      1030 Longleaf Dr, McComb, MS 39648
      View Details
    • $850,000
      37,602 SF

      Versatile Commercial Property in McComb

      37,602 SF commercial property on 9.64 acres in McComb, MS.
      3012 S 98, McComb, MS 39648
      View Details
    • Contact for pricing

      Highway Commercial Land For Sale

      19 Acres of Highway Commercial Land at Interstate 55.
      2169 Veterans Blvd, McComb, MS 39648
      View Details
    • $259,500
      7,121 SF

      Historic Three-Story Building in McComb

      7,121 sq ft historic building in need of restoration.
      114 State St, McComb, MS 39648
      View Details
    • $159,500
      2,400 SF

      McComb Commercial Property For Sale

      2400 SF commercial building on 0.5 acres in McComb.
      Long Leaf Dr, McComb, MS 39648
      View Details

    Similar Nearby for Lease

    • $950 /Mo
      1,000 SF

      Downtown McComb Commercial Space

      Historic building, open layout, ideal for retail or office.
      114 Main St, McComb, MS 39648
      View Details
    • $1,500 /Mo
      1,369 SF

      Downtown McComb Commercial Space

      Prime commercial space in downtown McComb with high visibility.
      103 N Broadway St, McComb, MS 39648
      View Details
    • $1,200 /Mo
      3,000 SF

      McComb Retail Space Available

      Commercial rental on a prime commercial strip in McComb.
      301 Apache Dr, McComb, MS 39648
      View Details
    • Contact for pricing
      1,623 SF

      Retail Space in McComb, MS

      Retail space available for lease in McComb, Mississippi.
      1617 Delaware Ave, McComb, MS 39648
      View Details
    • New
      $1,400 /Mo
      1,600 SF

      Versatile Commercial Space in McComb

      1,600 SF commercial space in high-traffic McComb location.
      907 S Locust St, McComb, MS 39648
      View Details
    • Contact for pricing

      Retail Space Near I-55 Corridor

      Commercial space in high-traffic area near major retailers.
      1410 Apache Dr, McComb, MS 39648
      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.
    503 Apache Dr
    McComb, MS 39648
    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
    503 Apache Dr, McComb, MS, 39648
    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!