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Property profile & analytics
FOR LEASE
Turn key restaurants
201 Colony Crossing Way Wy, Madison, MS 39110
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US50-0699148
For Lease
1 / 2
$26 SF/Yr
201 Colony Crossing Way,Unit Wy, Madison, MS 39110
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2004
Total area
5,804 SF
Lot
1.45 ac (63,162 SF)
APN
071A-01D-004/07
UPID
US50-0699148
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
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
Mixixibi LLC · 1 yrs held
Mixixibi LLC
since 2024
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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
$38,296
Tax year 2023
Assessed value
$328,636
Assessed 2023
Previous assessed
$328,636
+0.0% YoY
Effective rate
11.65%
On assessed value
Land market value
$947,430
Improvement market value
$1,243,470
Total market value
$2,190,900
Applied tax rate
1.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
2004
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
5,804 SF
Lot
1.45 ac (63,162 SF)
APN
071A-01D-004/07
UPID
US50-0699148
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
2004
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.45 ac
Current owner
From public records · entity-resolved
Mixixibi LLC
Entity
Mailing address
112 THE CMNS DR, NASHVILLE, TN 37215-2436
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2024
—
Mixixibi LLC
Gary Belz Family Limited Partnershi
Warranty Deed
$2,050,000 · The First A National Banking Assn
Nov 23, 2016
—
Gary Belz Family LP
—
Deed
related
$1,000,000 · Miscellaneous Ins Co
Sep 7, 2016
—
Gary Belz Family LP
Equity Investors LLC
Grant Deed
related
—
Jun 9, 2008
—
Equity Investors LLC
Owner,record
Grant Deed
—
Oct 29, 2007
—
Bankfirst Finl Services
Owner,record
Grant Deed
related
—
Feb 14, 2005
—
Madison Fish House LLC
Owner,record
Grant Deed
—
Jun 9, 2004
—
Frazier Dev LLC
Owner,record
Grant Deed
related
—
—
—
Equity Investors LLC
—
Deed Of Trust
related
$1,236,006 · Trustmark Nat'l Bk
—
—
Gary Belz Family LP
—
Deed Of Trust
related
$1,000,000 · Miscellaneous Ins Co
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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