Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2085 Main St Madison, MS 39110-8520

    • Office Properties & Spaces
    • 1,660 SF
    OFF-MARKET
    Last Sale
    Jan 13, 2021
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US50-0706095
    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

    • Mississippi Business Brokers / Financial Advisor
    • MK Decker Designs / Art Studio / Service Establishment
    • Archer Health / Medical Group
    • Lucia Hope Designs / Event Planning / Party Supply Store
    • Magic Maids / Hardware & Home Improvement

    Property Details for 2085 Main St

    Year built
    1952
    Property size
    1,660 SF
    Property type
    Office Properties & Spaces
    APN
    072C-08C-045
    APU
    072C08C045

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Mississippi
    Longitude
    -90.1155
    Latitude
    32.4615
    CBSA code
    27140
    CBSA name
    JACKSON, MS METROPOLITAN STATISTICAL AREA

    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
    $1,722
    $0.00
    $0.00
    $14,780
    -
    $26,140
    $72,390
    $98,530

    Comparable in this City

    • Value Estimation by Request
      2,218 SF

      118 Depot Dr

      OFFICE (GENERAL) • 2,218 SF
      118 Depot Dr, Madison, MS 39110-9394
      View Details
    • Value Estimation by Request
      5,012 SF

      1082 Gluckstadt Rd

      OFFICE (GENERAL) • 5,012 SF
      1082 Gluckstadt Rd, Madison, MS 39110-7243
      View Details
    • Value Estimation by Request
      225 SF

      257 Grandview Blvd

      OFFICE (GENERAL) • 225 SF
      257 Grandview Blvd, Madison, MS 39110-5514
      View Details
    • Value Estimation by Request
      3,200 SF

      2351 Hwy 51

      OFFICE (GENERAL) • 3,200 SF
      2351 Hwy 51, Madison, MS 39110-8207
      View Details
    • Value Estimation by Request
      4,239 SF

      1004 Hl Drcity

      OFFICE (GENERAL) • 4,239 SF
      1004 Hl Drcity, Madison, MS 39110
      View Details
    • Value Estimation by Request
      9,681 SF

      167 Orch Ln

      OFFICE (GENERAL) • 9,681 SF
      167 Orch Ln, Madison, MS 39110-4755
      View Details

    Similar Nearby for Sale

    • $1,395,000
      56,628 SF

      Madison Office Building Investment

      Prime Madison Office, 56,628 SF
      118 Homestead Dr, Madison, MS 39110
      View Details
    • $3,900,000

      Two Warehouses with Office Space

      Two warehouses featuring office/showroom space and multiple overhead doors.
      142 Enterprise Dr, Gluckstadt, MS 39110
      View Details
    • Contact for pricing
      1.38 Acres

      Madison Commercial Land Opportunity

      Prime MS land, various sizes, I-55 access.
      124 One Madison Plz, Madison, MS 39110
      View Details
    • $3,381,345
      13.00 Acres

      Gluckstadt Commercial Land with Office

      13 acres in growing Gluckstadt area with office space.
      336 Old Jackson Rd, Madison, MS 39110
      View Details
    • Contact for pricing
      4.73 Acres

      Madison Commercial Land - Hwy 463

      4.73 Acres, High Visibility, Prime Location
      463- 4 Windsor Park/Hwy, Madison, MS 39110
      View Details
    • $202,000
      0.35 Acres

      Residential Lot in Gated Community

      Residential lot available in premier gated community in Madison, MS.
      Caroline Pointe Lot 1408 Blvd, Madison, MS 39110
      View Details

    Similar Nearby for Lease

    • $11,400 /Mo
      3,000 SF

      Madison Executive Office Suite

      Prime Madison location, renovated office space
      618 Magnolia St, Madison, MS 39110
      View Details
    • Contact for pricing
      40,000 SF

      Madison Executive Office Space

      Class A Office Building, Pre-Leasing
      124 One Madison Plz, Madison, MS 39110
      View Details
    • $24 SF/Yr
      6,880 SF

      Madison Office Space for Lease

      Prime Madison location, 3,440 sq ft available.
      962 Highway 51, Madison, MS 39110
      View Details
    • $15 SF/Yr
      6,000 SF

      Madison Office Space for Lease

      2,000 sq ft Office Suite in Gluckstadt
      103 Plantation Cv, Madison, MS 39110
      View Details
    • $2,500 /Mo
      Pending

      Renovated Office Suite For Rent

      Newly renovated office suite in Gluckstadt, available January 2026.
      342 Old Jackson Rd, Madison, MS 39110
      View Details
    • Contact for pricing

      Renovated Office/Warehouse Flex Space

      Versatile office and warehouse space in growing commercial zone.
      125 Solleftea Dr, Madison, MS 39110
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2085 Main St
    Madison, MS 39110-8520
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!