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Property profile & analytics
OFF-MARKET
Manufacturing properties
248 Grn St Tupelo, MS 38804-4725
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US50-1020954
Property profile
Verified
Property type
Manufacturing properties
Use group
FACTORY (MANUFACTURING)
Year built
1934
Total area
11,198 SF
Lot
0.3 ac (13,200 SF)
APN
089P-31-227-00
UPID
US50-1020954
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
Current use
Occupant on record · Public records
-
Mississippi Mecca Gym & Fitness Center
-
Relics Antique Marketplace Home Decor Store (Bike/Boat/Book/etc) Store
-
Southern Essence Custom Lighting (Bike/Boat/Book/etc) Store Hardware & Home Improvement
-
Eli McCoy - Personal Trainer Gym & Fitness Center
-
MS Crabapple Shoppe Hardware & Home Improvement Building Supply
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
Wagner Properties LLC · 9 yrs held
Wagner Properties LLC
since 2017
4 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 Tupelo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tupelo 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
$7,423
Tax year 2023
Assessed value
$55,460
Assessed 2023
Previous assessed
$55,460
+0.0% YoY
Effective rate
13.38%
On assessed value
Land market value
$65,000
Improvement market value
$304,730
Total market value
$369,730
Applied tax rate
4,730.0000
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
Manufacturing properties
Use group
FACTORY (MANUFACTURING)
Status
Off-Market
Year built
1934
Heating
SPACE
Cooling
YES
Buildings
2
Total area
11,198 SF
Lot
0.3 ac (13,200 SF)
APN
089P-31-227-00
UPID
US50-1020954
Jurisdiction
LEE
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
1934
Heating
SPACE
Cooling
Yes
Buildings
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
Wagner Properties LLC
Entity
Mailing address
PO BOX 7024, TUPELO, MS 38802-7024
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2022
—
Wagner Properties
—
Deed
related
$366,722 · Renasant Bank
Aug 27, 2020
—
Wagner Properties LLC
—
Deed
related
$404,750 · Bankplus
Jul 10, 2018
—
Wagner Properties LLC
—
Deed
related
$141,066 · Bankplus
Mar 10, 2017
—
Wagner Properties LLC
Sticks N Bricks LLC
Warranty Deed
$95,821 · Bankplus
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.
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