Property profile

129 Old Hwy 49th S Richland, MS 39218

OFF-MARKET
Retail space
Property ID
US50-0224234
24,841 SF 1 ac lot Built 1960
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Total area 24,841 SF
Lot 1 ac (43,560 SF)
APN D08I000008 00040
UPID US50-0224234

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

129 Old Hwy 49th S Richland, MS 39218-9487
Richland metro Census 20401 JACKSON, MS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.46M
Blend (final) Blend
$580k

Owner & transaction history

since 2012
3 recorded transactions
2012
Price N/A
2010
Price N/A
2008
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $2.8M +31.9%
Commercial (general) $2.2M +2.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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