Financial
Distress signals
Property profile

198 Cleary Rd Richland, MS 39218

FOR SALE
Other office properties
Property ID
US50-0210899
3,812 SF 1.46 ac lot Built 1970
Last sale Feb 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A built-out commercial office building with approximately 3,598 square feet of interior space and up to 13 individual private-office rooms. The interior is arranged to support administrative functions and technical workflows, with additional space that can accommodate storage or IT-related use. The building is located just off Highway 49 in the City of Richland, providing direct access within the Jackson metro area, and it was previously used as engineering and construction offices, with the

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2019

What does the county charge?
$2k
Tax billed · 2019
Assessed value · 2023$34k
Effective rate6.00%

Value estimate

· Sep 2026
$515k
$464k – $567k
Sales comparison$516k
NOI build-up
Gross scheduled income$65k
Vacancy & credit loss−$13k
Operating expenses−$13k
NOI · 323,816.67% cap applied$39k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
323,816.67%
$39k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionRANKIN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.3
Law Firm11.6
Dental Office9.8

Location

198 Cleary Rd Richland, MS 39218
County assessor Recorded deeds · 2 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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