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Property profile & analytics
OFF-MARKET
Medical Office Space
285 Ivie Ln Mantachie, MS 38855-9764
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US50-1769359
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2003
Total area
2,136 SF
Lot
0.3 ac (13,068 SF)
APN
083-1007-030.03
UPID
US50-1769359
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
-
Community Family Healthcare Medical Clinic
-
Joy Franks Medical Clinic
-
Dr. Herman T. Palmer, MD Physician
-
Kimberly Stanley Physician
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
Joy Franks · 11 yrs held
Joy Franks
since 2015
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 Mantachie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mantachie 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
Property tax & assessments
Assessed value
$13,943
Assessed 2023
Previous assessed
$13,780
+1.2% YoY
Land market value
$4,310
Improvement market value
$88,640
Total market value
$92,950
Applied tax rate
302.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
2003
Heating
FORCED AIR
Cooling
YES
Total area
2,136 SF
Lot
0.3 ac (13,068 SF)
APN
083-1007-030.03
UPID
US50-1769359
Jurisdiction
ITAWAMBA
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
2003
Heating
FORCED AIR
Cooling
Yes
Lot
0.3 ac
Current owner
From public records · entity-resolved
Joy Franks
Individual
Mailing address
470 NICHOLS RD NW, MANTACHIE, MS 38855-9200
Ownership since
2015
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
Dec 9, 2025
—
Joy Y Franks
—
Deed
related
$142,779 · Farmers & Merchants Bank
Nov 26, 2024
—
Joy Y Franks
—
Deed
related
$117,612 · Farmers & Merchants Bank
Aug 13, 2018
—
Joy Y Franks
—
Deed
related
$198,460 · Farmers & Merchants Bank
Jun 29, 2015
—
Joy Franks
James Thompson
Warranty Deed
$226,823 · Farmers & Merchants Bank
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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