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

    1001 Springridge Rd Clinton, MS 39056-6530

    • Retail space
    • 2,040 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimations
    $265,000
    Show details
    Cap Rate Potential
    5.6%
    Retail space
    Location Intelligence
    Property ID
    US50-0257656
    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

    • Clinton Quick Stop / Convenience Store / Gas Station
    • ATM / Atm
    • LOCOS / Convenience Store / Gas Station

    Property Details for 1001 Springridge Rd

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.45 lot acres
    Property size
    2,040 SF
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    2851 0750 000
    APU
    28510750000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $275,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $255,000
      6.5%
      $235,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $278,000
      Market price range: $86.1k - $279k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $185,000
      Current use
      OFFICE BUILDING
      $215,000
      Change: +14% Conversion: Easy
      AUTO REPAIR, GARAGE
      $180,000
      Change: -5% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.3261
    Latitude
    32.3035
    CBSA code
    27140
    CBSA name
    JACKSON, MS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,382
    $5,880
    $22,943
    $28,823
    -
    $39,200
    $152,950
    $192,150

    Comparable in this City

    • Value Estimation
      $270,000
      2,093 SF

      305 Clinton Blvd

      STORE, RETAIL OUTLET • 2,093 SF
      305 Clinton Blvd, Clinton, MS 39056-5217
      View Details
    • Value Estimation
      $245,000
      1,063 SF

      302 Jefferson St

      STORE, RETAIL OUTLET • 1,063 SF
      302 Jefferson St, Clinton, MS 39056-4240
      View Details
    • Value Estimation
      $345,000
      4,350 SF

      319 Clinton Blvd

      STORE, RETAIL OUTLET • 4,350 SF
      319 Clinton Blvd, Clinton, MS 39056-5217
      View Details
    • Value Estimation
      $305,000
      5,722 SF

      205 Clinton Blvd

      STORE, RETAIL OUTLET • 5,722 SF
      205 Clinton Blvd, Clinton, MS 39056-5119
      View Details
    • Value Estimation
      $255,000
      2,429 SF

      300 Clinton Blvd

      STORE, RETAIL OUTLET • 2,429 SF
      300 Clinton Blvd, Clinton, MS 39056-5218
      View Details
    • Value Estimation
      $265,000
      4,737 SF

      Clinton Blvd

      STORE, RETAIL OUTLET • 4,737 SF
      Clinton Blvd, Clinton, MS 39056
      View Details

    Similar Nearby for Sale

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      Prime Clinton, MS Storefront

      18,300 SF Retail/Warehouse; Class A
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    • $1,900,000
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      Highway 80 Commercial Opportunity

      18,300 SF building on 1.48 acres in Clinton, MS.
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    • $1,200,000
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      Retail Property in Clinton, MS

      5,383 SF retail property on 0.72 acres for sale.
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    • $275,000

      Retail Space in Clinton District

      3280 sq ft building in the heart of Clinton.
      230 Clinton Blvd, Clinton, MS 39056
      View Details
    • $420,000

      Versatile Commercial Property in Clinton

      High-visibility commercial property ideal for various business ventures.
      1210 Springridge Rd, Clinton, MS 39056
      View Details
    • $420,000
      4,800 SF

      Versatile Commercial Property in Clinton

      High-visibility property ideal for automotive, retail, or office ventures.
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space with Drive-Thru Option

      Retail spaces available in high-traffic Clinton, MS location.
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      View Details
    • Contact for pricing
      1,589 SF

      Retail Space in Clinton Parkway Center

      Retail space with high visibility and access in Clinton, MS.
      737-753 Clinton Pkwy, Clinton, MS 39056
      View Details
    • Contact for pricing
      14,000 SF

      Retail Space in Clinton, MS

      Retail space available in grocery-anchored shopping center.
      822 E Northside Dr, Clinton, MS 39056
      View Details
    • Contact for pricing
      1,450 SF

      Retail Space in Clinton, MS

      Retail space with high visibility and access in Clinton.
      713-727 Clinton Pkwy, Clinton, MS 39056
      View Details
    • Contact for pricing
      4,967 SF

      Clinton Plaza Retail Space

      High-traffic retail space in Clinton, MS.
      200 Clinton Blvd, Clinton, MS 39056
      View Details
    • $5,450,000
      80,000 SF

      Industrial Buildings with Dock Doors

      Two industrial buildings available for lease with multiple dock doors.
      1014 Clinton Industrial Park Rd, Clinton, MS 39056
      View Details
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    1001 Springridge Rd
    Clinton, MS 39056-6530
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    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
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