Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    423 Old Hwy 3rd 3 Redwood, MS 39156-9600

    • Turn key restaurants
    • 6,044 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 30, 2021
    Location Intelligence
    Property ID
    US50-0524177
    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 423 Old Hwy 3rd 3

    Year built
    1950
    Lot size
    0.50 lot acres
    Property size
    6,044 SF
    Property type
    Turn key restaurants
    APN
    045- -03C-9999- -0003.00
    APU
    04503C9999000300

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Redwood
    County
    Warren
    State
    Mississippi
    Longitude
    -90.8039
    Latitude
    32.4836
    CBSA code
    46980
    CBSA name
    VICKSBURG, MS MICROPOLITAN 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
    $2,438
    $0.00
    $0.00
    $20,699
    -
    $4,750
    $133,240
    $137,990

    Comparable in this City

    • Value Estimation by Request
      4,778 SF

      300 Old Hwy 3rd 3

      RETAIL STORES (PERSONAL SERVICES) • 4,778 SF
      300 Old Hwy 3rd 3, Redwood, MS 39156-9732
      View Details
    • Value Estimation by Request
      760 SF

      Hwy 3rd 3

      RETAIL STORES (PERSONAL SERVICES) • 760 SF
      Hwy 3rd 3, Redwood, MS 39156
      View Details
    • Value Estimation by Request
      700 SF

      Hwy 3rd 3

      RETAIL STORES (PERSONAL SERVICES) • 700 SF
      Hwy 3rd 3, Redwood, MS 39156
      View Details
    • Value Estimation by Request
      2,569 SF

      171 Old Hwy, Unit 3

      RETAIL STORES (PERSONAL SERVICES) • 2,569 SF
      171 Old Hwy, Redwood, MS 39156
      View Details
    • Value Estimation by Request
      97.00 Acres

      Dirt Rd

      RETAIL STORES (PERSONAL SERVICES) • 97.00 Acres
      Dirt Rd, Redwood, MS 39156
      View Details
    • Value Estimation by Request
      32,685 SF

      Hwy 3rd 3

      OFFICE BUILDING • 32,685 SF
      Hwy 3rd 3, Redwood, MS 39156
      View Details

    Similar Nearby for Sale

    • $7,950,000

      Mississippi Hunting Property For Sale

      1,721 acre hunting retreat in Warren and Issaquena Counties.
      860 Whitaker Rd, Redwood, MS 39156
      View Details
    • $7,950,000
      1,721.00 Acres

      Mississippi Delta Sportsman's Paradise

      1721-acre hunting and recreational property near Vicksburg.
      860 Floweree Rd, Redwood, MS 39156
      View Details
    • $294,700
      168.00 Acres

      Pastureland Opportunity Near Vicksburg

      168 acres of quality pastureland, ideal for cattle operations.
      0001 Levee Maintenance Rd, Redwood, MS 39156
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    423 Old Hwy 3rd 3
    Redwood, MS 39156-9600
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.