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

    10081 3rd Ave Diberville, MS 39540-2504

    • Turn key restaurants
    • 1,646 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US50-0158785
    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

    • Waffle House / Restaurant

    Property Details for 10081 3rd Ave

    Year built
    1960
    Lot size
    0.45 lot acres
    Property size
    1,646 SF
    Property type
    Turn key restaurants
    APN
    1409E-01-042.000
    APU
    1409E01042000

    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
    Diberville
    County
    Harrison
    State
    Mississippi
    Longitude
    -88.8932
    Latitude
    30.4302
    CBSA code
    25060
    CBSA name
    GULFPORT-BILOXI, 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
    $5,458
    $0.00
    $0.00
    $47,811
    -
    $112,815
    $205,925
    $318,740

    Comparable in this City

    • Value Estimation by Request
      2,440 SF

      10271 Diberville Blvd

      RESTAURANT • 2,440 SF
      10271 Diberville Blvd, Diberville, MS 39540-2519
      View Details
    • Value Estimation by Request
      1,834 SF

      11967 Bobby Eleutrius Blvd

      RESTAURANT • 1,834 SF
      11967 Bobby Eleutrius Blvd, Diberville, MS 39540-8767
      View Details
    • Value Estimation by Request
      5,325 SF

      10206 Seymour Ave

      RESTAURANT • 5,325 SF
      10206 Seymour Ave, Diberville, MS 39540-2515
      View Details
    • Value Estimation by Request
      4,428 SF

      12037 Indian Riv Rd

      RESTAURANT • 4,428 SF
      12037 Indian Riv Rd, Diberville, MS 39540-8002
      View Details
    • Value Estimation by Request
      1,382 SF

      10282 Lamey Brg Rd

      RESTAURANT • 1,382 SF
      10282 Lamey Brg Rd, Diberville, MS 39540-4949
      View Details
    • Value Estimation by Request
      2,699 SF

      10324 Diberville Blvd

      RESTAURANT • 2,699 SF
      10324 Diberville Blvd, Diberville, MS 39540-2507
      View Details

    Similar Nearby for Sale

    • $950,000

      Restaurant/Bar Space Near Casino

      Restaurant/bar with kitchen, additional land, near Scarlet Pearl Casino.
      10096 Gorenflo Rd, Diberville, MS 39540
      View Details
    • $649,000

      Prime Commercial Land Opportunity

      0.91 acres of commercially zoned land at major intersection.
      11128 Lamey Bridge Rd, Diberville, MS 39540
      View Details
    • $1,800,000
      1.08 Acres

      Prime D'Iberville Retail Land

      1.08-acre Opportunity Zone site, ready to build.
      1 Promenade Pkwy, D'Iberville, MS 39540
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space Near Growing Housing

      Retail space in a fast-growing area, available February 2026.
      14432 Lamey Bridge Rd, Diberville, MS 39540
      View Details
    • $400,000

      Car Wash Business Opportunity

      Car wash business with potential for growth and modernization.
      10497 Diberville Blvd, Diberville, MS 39540
      View Details
    • $400,000

      Versatile Commercial Property Near Promenade

      Prime commercial property with high visibility and development potential.
      3249 Georgette Ln, Diberville, MS 39540
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      32,600 SF

      D'Iberville Medical Office Space

      1,400 SF Medical Office Suite Available
      3661 Sangani Blvd, D'Iberville, MS 39540
      View Details
    • $15 SF/Yr
      2,700 SF

      Retail Space in Lakeview Village

      Retail space available in a master-planned regional retail development.
      3586-3516 Sangani Blvd, Diberville, MS 39540
      View Details
    • $3,360 /Mo
      3,360 SF

      New Commercial Building in D'Iberville

      Newly constructed 3360 sq ft commercial space for lease.
      4492 Popps Ferry Rd, Diberville, MS 39540
      View Details
    • $18 SF/Yr

      D'Iberville Retail/Office Space Available

      Prime 1,400 SF space in thriving Lakeview Village.
      11505 Cinema Dr, Diberville, MS 39540
      View Details
    • $8 SF/Yr
      7,360 SF

      Barnett Plaza Retail Space Available

      Prime Diberville retail space, 7,360 sq ft.
      10598 Diberville Blvd, Diberville, MS 39540
      View Details
    • $2,200 /Mo
      1,750 SF

      Retail Space on Popps Ferry

      Retail space available on Popps Ferry Road in D'Iberville.
      4495 Popps Fry Rd Lot, Diberville, MS 39540
      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.
    10081 3rd Ave
    Diberville, MS 39540-2504
    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.