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Property profile & analytics
OFF-MARKET
Industrial properties
1207 Hwy 45th N, Columbus, MS 39705-2138
Entity Owned
8-yr Hold
Free & Clear
Property ID
US50-0449459
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1988
Construction
WOOD
Total area
58,386 SF
Lot
4.8 ac (209,088 SF)
APN
57W200104000
UPID
US50-0449459
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
-
Lowndes County Probation Probation Office
-
EVENT ZONA BOWL / REBOUND TRAMPOLINE PARK Arcade & Gaming Center Family Recreation Center
-
Mi Hacienda Restaurant
-
Spiller Furniture & Mattress Furniture & Home Goods Home Decor Store
-
Breaux Bridge Columbus Restaurant
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
Waca LLC · 8 yrs held
Waca LLC
since 2018
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 Columbus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbus 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
$46,265
Tax year 2023
Assessed value
$282,878
Assessed 2023
Previous assessed
$282,878
+0.0% YoY
Effective rate
16.36%
On assessed value
Land market value
$476,720
Improvement market value
$1,409,130
Total market value
$1,885,850
Applied tax rate
2,110.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Total area
58,386 SF
Lot
4.8 ac (209,088 SF)
APN
57W200104000
UPID
US50-0449459
Jurisdiction
LOWNDES
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
1988
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Lot
4.8 ac
Current owner
From public records · entity-resolved
Waca LLC
Entity
Free & Clear · 8 yrs held
Mailing address
5511 O AVE, MERIDIAN, MS 39305-8525
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2020
—
Raavi Properties LLC
—
Deed
related
$30,233 · Trustmark Nat'l Bk
Feb 7, 2018
—
Waca LLC
—
Deed
related
$919,900 · Bancorpsouth
Jan 22, 2018
—
Waca LLC
Valenti Southeast Realty LLC
Grant Deed
related
—
Sep 9, 2016
—
Raavi Properties LLC
—
Deed
related
$2,861,433 · Trustmark Nat'l Bk
Apr 25, 2013
—
Raavi Properties LLC
Columbus Waverly Square LLC
Warranty Deed
$2,850,000 · Columbus Waverly Square LLC
—
—
Raavi Properties LLC
—
Deed Of Trust
related
$30,233 · Trustmark Nat'l Bk
—
—
Raavi Properties LLC
—
Deed Of Trust
related
$2,861,433 · Trustmark 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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