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    Property profile & analytics

    1865 Gillespie Rd Macon, MS 39341-8685

    • Turn key restaurants
    • 1,400 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1388766
    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 1865 Gillespie Rd

    Year built
    2008
    Lot size
    1.00 lot acres
    Property size
    1,400 SF
    Property type
    Turn key restaurants
    APN
    125 -02-029.04
    APU
    1250202904

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Macon
    County
    Noxubee
    State
    Mississippi
    Longitude
    -88.433
    Latitude
    33.1827

    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
    $1,160
    $5,820
    $46,750
    $52,570
    -
    $5,820
    $46,750
    $52,570

    Comparable in this City

    • Value Estimation by Request
      2,703 SF

      Macon, MS 39341

      RESTAURANT • 2,703 SF
      Macon, MS 39341
      View Details
    • Value Estimation by Request
      1,078 SF

      4185 Ms Hwy 145

      RESTAURANT • 1,078 SF
      4185 Ms Hwy 145, Macon, MS 39341-2779
      View Details
    • Value Estimation
      $340,000
      4,800 SF

      44 Mcdonald Rd

      RESTAURANT • 4,800 SF
      44 Mcdonald Rd, Macon, MS 39341-2385
      View Details
    • Value Estimation
      $215,000
      4,305 SF

      Us Hwy 45

      RESTAURANT • 4,305 SF
      Us Hwy 45, Macon, MS 39341
      View Details
    • Value Estimation by Request
      1,444 SF

      331 Pr St

      RESTAURANT • 1,444 SF
      331 Pr St, Macon, MS 39341
      View Details
    • Value Estimation
      $430,000
      2,030 SF

      2654 Jefferson St

      RESTAURANT • 2,030 SF
      2654 Jefferson St, Macon, MS 39341-2267
      View Details
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    1865 Gillespie Rd
    Macon, MS 39341-8685
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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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