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Property profile & analytics
OFF-MARKET
Office Spaces
408 Fontaine Pl Ridgeland, MS 39157-5179
Entity Owned
3-yr Hold
Free & Clear
Property ID
US50-0691070
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2003
Total area
5,728 SF
APN
072I-32A-003/09
UPID
US50-0691070
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
-
David Jones, Ph.D., L.P.C. Family Counselor
-
SKY Integrative Medical Center Medical Clinic
-
Leukemia Soc Amer Miss Chapter Association Or Organization
-
-Addiction Loan Service Bank
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
Sky Clinical Research Network Group · 3 yrs held
Sky Clinical Research Network Group
since 2022
5 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 Ridgeland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgeland 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
$8,264
Tax year 2023
Assessed value
$76,689
Assessed 2023
Previous assessed
$76,689
+0.0% YoY
Effective rate
10.78%
On assessed value
Land market value
$58,700
Improvement market value
$452,560
Total market value
$511,260
Applied tax rate
3.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2003
Heating
NONE
Cooling
CENTRAL
Total area
5,728 SF
APN
072I-32A-003/09
UPID
US50-0691070
Jurisdiction
MADISON
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
NONE
Cooling
Yes
Current owner
From public records · entity-resolved
Sky Clinical Research Network Group
Entity
Free & Clear · 3 yrs held
Mailing address
3657 LK ESTS WAY, ATLANTA, GA 30349-1897
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2022
—
Sky Clinical Research Network Group
Fontaine Arroyo LLC
Warranty Deed
—
Nov 23, 2020
—
Fontaine Arroyo LLC
—
Deed
related
$1,458,199 · Renasant Bk
Mar 24, 2014
—
Fontaine Arroyo LLC
Buckhorn Management LLC
Trustees Deed
$1,793,925 · Metropolitan Bk
Oct 19, 2012
—
Buckhorn Management LLC
—
Deed Of Trust
related
$1,700,000 · Trustmark National Bank
—
—
Fontaine Arroyo LLC
—
Deed Of Trust
related
$1,458,199 · Renasant Bk
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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