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    Property profile & analytics

    347 Distribution Dr Madison, MS 39110-8744

    • Showrooms
    • 4,540 SF
    • 1.90 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 23, 2024
    Location Intelligence
    Property ID
    US50-0661125
    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

    • Clark Rental & Supply / Equipment Rental Agency
    • REC Construction / Corporate Office

    Property Details for 347 Distribution Dr

    Year built
    1992
    Lot size
    1.90 lot acres
    Property size
    4,540 SF
    Property type
    Showrooms
    APN
    082I-29 -013/01.14
    APU
    082I290130114

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Mississippi
    Longitude
    -90.1079
    Latitude
    32.513
    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
    $8,343
    $0.00
    $0.00
    $72,749
    -
    $248,290
    $236,700
    $484,990

    Comparable in this City

    • Value Estimation by Request
      8,491 SF

      100 Colony Xing Way

      CONVENIENCE STORE • 8,491 SF
      100 Colony Xing Way, Madison, MS 39110-6321
      View Details
    • Value Estimation by Request
      175,584 SF

      127 Grandview Blvd

      RETAIL STORES (PERSONAL SERVICES) • 175,584 SF
      127 Grandview Blvd, Madison, MS 39110-7595
      View Details
    • Value Estimation by Request
      114,506 SF

      175 Grandview Blvd

      RETAIL STORES (PERSONAL SERVICES) • 114,506 SF
      175 Grandview Blvd, Madison, MS 39110-6039
      View Details
    • Value Estimation by Request
      5,408 SF

      1050 Hwy 51

      FINANCIAL BUILDING • 5,408 SF
      1050 Hwy 51, Madison, MS 39110-9084
      View Details
    • Value Estimation by Request
      2,608 SF

      123 Jones St

      RETAIL STORES (PERSONAL SERVICES) • 2,608 SF
      123 Jones St, Madison, MS 39110-8994
      View Details
    • Value Estimation by Request
      4,059 SF

      2081 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,059 SF
      2081 Main St, Madison, MS 39110-8520
      View Details

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    Similar Nearby for Lease

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      2,002 SF retail flex/office space in growing Gluckstadt, MS.
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    347 Distribution Dr
    Madison, MS 39110-8744
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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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