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    Property profile & analytics

    229 F E Sellers Hwy Monticello, MS 39654-9556

    • Drive through restaurants
    • 650 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1904076
    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

    • Sonic Drive-In / Fast Food Restaurant / Chicken Restaurant

    Property Details for 229 F E Sellers Hwy

    Year built
    1978
    Lot size
    0.29 lot acres
    Property size
    650 SF
    Property type
    Drive through restaurants
    APN
    M10B-0028-00040.00
    APU
    M10B00280004000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Lawrence
    State
    Mississippi
    Longitude
    -90.108
    Latitude
    31.552

    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
    0
    $0.00
    $0.00
    $0.00
    $24,005
    -
    $11,664
    $148,365
    $160,029

    Comparable in this City

    • Value Estimation by Request
      346 SF

      229 Na Sandifer Hwy

      TAKE-OUT RESTAURANT • 346 SF
      229 Na Sandifer Hwy, Monticello, MS 39654
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    • Value Estimation by Request
      5,400 SF

      140 Broad St

      RESTAURANT • 5,400 SF
      140 Broad St, Monticello, MS 39654-7727
      View Details
    • Value Estimation by Request
      2.90 Acres

      1247 Hwy 184th W

      RESTAURANT • 2.90 Acres
      1247 Hwy 184th W, Monticello, MS 39654-7674
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    • Value Estimation by Request
      0.16 Acres

      Monticello, MS 39654

      RESTAURANT • 0.16 Acres
      Monticello, MS 39654
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    • Value Estimation by Request
      0.40 Acres

      204 Thomas E Jolly Dr

      RESTAURANT • 0.40 Acres
      204 Thomas E Jolly Dr, Monticello, MS 39654
      View Details
    • Value Estimation by Request
      1.52 Acres

      262 Na Sandifer Hwy

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1.52 Acres
      262 Na Sandifer Hwy, Monticello, MS 39654-7690
      View Details

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    229 F E Sellers Hwy
    Monticello, MS 39654-9556
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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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