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Property profile & analytics
OFF-MARKET
Estimated value
$23,400,000
Apartment buildings
110 Pne Knl Dr Ridgeland, MS 39157-1300
Entity Owned
~
Est. High Equity
Property ID
US50-0480692
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1975
Total area
26,820 SF
Lot
14.44 ac (629,006 SF)
APN
072H-33C-096
UPID
US50-0480692
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
Current use
Occupant on record · Public records
-
Royal Oak Apartments Apartment Complex
-
Sah African Hair Hair Salon
-
Gregarious Graphics Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.40M
Owner & transaction history
Royal Oak Apts LP
Royal Oak Apts LP
since 2025
Last sale
$23.4M
7 recorded transactions
Zoning & alternative use
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 Ridgeland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgeland 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
$872 / SF
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
$136,553
Tax year 2023
Assessed value
$1,267,200
Assessed 2023
Previous assessed
$1,267,200
+0.0% YoY
Effective rate
10.78%
On assessed value
Improvement market value
$8,448,000
Total market value
$8,448,000
Applied tax rate
4.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1975
Heating
NONE
Cooling
CENTRAL
Buildings
18
Stories
80
Rooms
10
Bathrooms
1
Total area
26,820 SF
Lot
14.44 ac (629,006 SF)
APN
072H-33C-096
UPID
US50-0480692
Jurisdiction
MADISON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Cooling
Yes
Stories
80
Buildings
18
Rooms
10
Bathrooms
1
Lot
14.44 ac
Current owner
From public records · entity-resolved
Royal Oak Apts LP
Entity
Mailing address
418 CLIFTON AVE, LAKEWOOD, NJ 08701-3295
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2025
$23,400,000
Royal Oak Apts LP
Madisonp LLC
Special Warranty Deed
$19,950,000 · The Bancorp Bank
May 21, 2021
—
Madisonp LLC
Madison Park Apartments LLC
Special Warranty Deed
$18,900 · Hgi Commercial Funding I LLC
Jan 27, 2021
—
Cmf II The Gables LLC
Gables Apartments LLC
Quit Claim Deed
related
$20,100,000 · Prudential Multifamily Mtg
Feb 3, 2020
—
Gables Apartments LLC
Madison Apartments LLC
Grant Deed
$17,500,000 · Regions Bk
Oct 19, 2018
—
Madison Park Apartments LLC
Bbc Baymeadows LLC
Grant Deed
$12,334,000 · Hunt Mtg Cap LLC
Jun 28, 2017
—
Bbc Baymeadows LLC
—
Deed
related
$5,000,000 · Old Second Nat'l Bk
Aug 15, 2013
$2,000,000
Bbc Baymeadows LLC
Clement W Rodney JR
Trustees Deed
—
—
—
Bbc Baymeadows LLC
—
Deed Of Trust
related
$5,000,000 · Old Second Nat'l Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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