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Property profile & analytics
OFF-MARKET
Warehouses
404 Air Park Rd Tupelo, MS 38801-7015
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US50-0615725
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Total area
15,000 SF
Lot
1.6 ac (69,696 SF)
APN
078V-34-029-01
UPID
US50-0615725
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
-
Danfoss Sundstrand Sauer Hydraulic Repair Building Supply
-
Hitachi Excavator Hydraulic Pumps Building Supply
-
Hydrostatic Transmission Service, LLC General Contractor
-
North Mississippi Heavy Equipment and Diesel Service Auto Repair Shop
-
Mississippi Green Power, LLC Green Energy Supplier
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
Hydrostatic Pump Repair LLC · 4 yrs held
Hydrostatic Pump Repair LLC
since 2022
Last sale
$257,743
7 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
$6,786
Tax year 2023
Assessed value
$50,700
Assessed 2023
Previous assessed
$50,700
+0.0% YoY
Effective rate
13.38%
On assessed value
Land market value
$35,000
Improvement market value
$303,000
Total market value
$338,000
Applied tax rate
3,730.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1987
Heating
SPACE
Cooling
YES
Buildings
2
Total area
15,000 SF
Lot
1.6 ac (69,696 SF)
APN
078V-34-029-01
UPID
US50-0615725
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
1987
Heating
SPACE
Cooling
Yes
Buildings
2
Lot
1.6 ac
Current owner
From public records · entity-resolved
Hydrostatic Pump Repair LLC
Entity
Mailing address
404 AIR PARK RD, TUPELO, MS 38801-7015
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2025
—
Hydrostatic Pump Repair
—
Deed
related
$439,668 · Bna Bank
May 14, 2024
—
Hydrostatic Pump Repair
—
Deed
related
$165,692 · Bna Bank
Feb 2, 2024
—
Hydrostatic Pump Repair
—
Deed
related
$12,912 · Bna Bank
Jul 7, 2023
—
Hydrostatic Pump Repair LLC
—
Deed
related
$48,526 · Bna Bank
Nov 21, 2022
—
Hydrostatic Pump Repair
—
Deed
related
$100,150 · Bna Bank
Apr 19, 2022
—
Hydrostatic Pump Repair LLC
—
Deed
related
$61,275 · Bna Bank Bna Bank
Jan 11, 2022
—
Hydrostatic Pump Repair LLC
Bradpack Ll
Warranty Deed
$278,228 · Bna Bank Bna Bank
Oct 16, 2019
—
Bradpack
—
Deed
related
$173,243 · Bancorpsouth Bank
Jul 11, 2008
—
Bradpack LLC
William P Cheek
Quit Claim Deed
related
—
Mar 18, 2008
—
William P Cheek
States Resources Corp
Special Warranty Deed
—
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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