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    Property profile & analytics

    109 Main St Raleigh, MS 39153-6002

    • Turn key restaurants
    • 1,664 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 13, 2023
    Location Intelligence
    Property ID
    US50-1712590
    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

    • Turn key restaurants

    Property Details for 109 Main St

    Year built
    1988
    Construction
    WOOD
    Property size
    1,664 SF
    Property type
    Turn key restaurants
    APN
    103L-07-000-021.
    APU
    103L07000021

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Smith
    State
    Mississippi
    Longitude
    -89.5238
    Latitude
    32.0324

    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
    $2,970
    $0.00
    $0.00
    $22,023
    -
    $20,000
    $126,820
    $146,820

    Comparable in this City

    • Value Estimation by Request
      1,813 SF

      340 Magnolia Dr

      RESTAURANT • 1,813 SF
      340 Magnolia Dr, Raleigh, MS 39153-6012
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    • Value Estimation by Request
      5,005 SF

      Raleigh, MS 39153

      RESTAURANT • 5,005 SF
      Raleigh, MS 39153
      View Details
    • Value Estimation by Request
      6,600 SF

      Raleigh, MS 39153

      RETAIL STORES (PERSONAL SERVICES) • 6,600 SF
      Raleigh, MS 39153
      View Details
    • Value Estimation by Request
      1,628 SF

      Raleigh, MS 39153

      RETAIL STORES (PERSONAL SERVICES) • 1,628 SF
      Raleigh, MS 39153
      View Details
    • Value Estimation by Request
      1,120 SF

      4412 Scr 128

      RETAIL STORES (PERSONAL SERVICES) • 1,120 SF
      4412 Scr 128, Raleigh, MS 39153
      View Details
    • Value Estimation by Request
      4,596 SF

      Raleigh, MS 39153

      RETAIL STORES (PERSONAL SERVICES) • 4,596 SF
      Raleigh, MS 39153
      View Details

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    109 Main St
    Raleigh, MS 39153-6002
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    Realmo Value Estimation

    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.

    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.

    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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