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Property profile & analytics
OFF-MARKET
Warehouses
106 American Way Madison, MS 39110
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US50-0126902
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1992
Total area
1,932 SF
Lot
1.45 ac (63,162 SF)
Zoning code
C-1
APN
082I-29 -013/01.01
UPID
US50-0126902
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bedi Investments LLC · 6 yrs held
Bedi Investments LLC
since 2019
7 recorded transactions
Zoning & alternative use
C-1 · Madison, MS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,354
Tax year 2023
Assessed value
$37,966
Assessed 2023
Previous assessed
$37,966
+0.0% YoY
Effective rate
11.47%
On assessed value
Land market value
$189,490
Improvement market value
$63,610
Total market value
$253,100
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Heating
NONE
Total area
1,932 SF
Lot
1.45 ac (63,162 SF)
Zoning code
C-1
APN
082I-29 -013/01.01
UPID
US50-0126902
Jurisdiction
MADISON
Zoning & alternative use
C-1 · Madison, MS
Zoning C-1 · permitted uses
C-1 · Madison, MS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Heating
NONE
Lot
1.45 ac
Current owner
From public records · entity-resolved
Bedi Investments LLC
Entity
Mailing address
PO BOX 1398, MADISON, MS 39130-1398
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2019
—
Bedi Investments LLC
Bedi,ravinder S & Satvinder S
Quit Claim Deed
related
$812,558 · Sb&t Bk
May 10, 2019
$45,400
Ravinder S Bedi
Madison Cnty Board Of Supervis
Warranty Deed
—
Dec 12, 2018
—
Madison Landscape Co LLC
—
Deed Of Trust
related
$106,293 · Community Bk/ms
May 15, 2017
—
Madison Landscape Co LLC
—
Deed
related
$298,210 · Community Bk/ms
Apr 24, 2017
—
Madison Landscape Co LLC
—
Deed
related
$103,508 · Community Bk/ms
Jan 11, 2017
—
Madison Landscape Co LLC
—
Deed
related
$303,910 · Bank Of Winona
Sep 22, 2016
—
Madison Landscape Co LLC
—
Trustees Deed
related
$50,335 · Community Bk/ms
Jul 23, 2015
—
Madison Landscape Co LLC
—
Trustees Deed
related
$50,000 · Community Bk/ms
Jan 25, 2011
—
Madison Landscape Co LLC
Wp Properties LLC
Warranty Deed
$241,859 · Bank Of Winona
Mar 8, 2007
—
Wp Properties LLC
Owner Name Unavailable
Grant Deed
related
—
Oct 29, 2004
—
Wp Properties LLC
Owner Name Unavailable
Grant Deed
related
—
Jun 17, 2004
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Wp Properties LLC
—
Deed Of Trust
related
$1,534,988 · Bank Plus INC
—
—
Madison Landscape Co LLC
—
Deed Of Trust
related
$240,000 · Community Bank Ms
—
—
Madison Landscape Co LLC
—
Deed Of Trust
related
$303,910 · Bank Of Winona
—
—
Madison Landscape Co LLC
—
Deed Of Trust
related
$298,210 · Community Bk/ms
—
—
Madison Landscape Co LLC
—
Deed Of Trust
related
$103,508 · Community Bk/ms
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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