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    Property profile & analytics

    408 2nd St Pelahatchie, MS 39145

    • Turn key restaurants
    • 1,660 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-0390656
    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

    • Turn key restaurants

    Property Details for 408 2nd St

    Year built
    1986
    Property size
    1,660 SF
    Property type
    Turn key restaurants
    APN
    N10D000070 00011
    APU
    N10D00007000011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pelahatchie
    County
    Rankin
    State
    Mississippi
    Longitude
    -89.8053
    Latitude
    32.3119
    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
    2019
    $2,949
    $0.00
    $0.00
    $27,228
    -
    $17,500
    $164,020
    $181,520

    Comparable in this City

    • Value Estimation by Request
      2,659 SF

      1109 2nd St

      RESTAURANT • 2,659 SF
      1109 2nd St, Pelahatchie, MS 39145-3144
      View Details
    • Value Estimation by Request
      391 SF

      109 1st St

      RESTAURANT • 391 SF
      109 1st St, Pelahatchie, MS 39145
      View Details
    • Value Estimation by Request
      636 SF

      511 2nd St

      RESTAURANT • 636 SF
      511 2nd St, Pelahatchie, MS 39145-3044
      View Details
    • Value Estimation by Request
      1,202 SF

      525 2nd St

      FINANCIAL BUILDING • 1,202 SF
      525 2nd St, Pelahatchie, MS 39145-3044
      View Details
    • Value Estimation by Request
      1,600 SF

      2346 Hwy 43rd N

      RETAIL STORES (PERSONAL SERVICES) • 1,600 SF
      2346 Hwy 43rd N, Pelahatchie, MS 39145
      View Details
    • Value Estimation by Request
      2,186 SF

      501 2nd St

      SERVICE STATION (FULL SERVICE) • 2,186 SF
      501 2nd St, Pelahatchie, MS 39145-2786
      View Details

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      Prime Downtown Location, Endless Potential
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      Rankin County Hunting Land

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    • $80,000
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      Undeveloped Land in Pelahatchie, MS

      7 acres of wooded land perfect for recreation or building.
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      26 acres of land to build your dream home.
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      74.42 acre development tract in Rankin County, Mississippi.
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    408 2nd St
    Pelahatchie, MS 39145
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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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