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    Property profile & analytics

    449 Northside Dr Clinton, MS 39056-3467

    • Automotive properties
    • 4,000 SF
    • 1.08 lot acres
    OFF-MARKET
    Value Estimations
    $270,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US50-0413456
    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

    • Taylor Tire & Automotive / Tire Shop

    Property Details for 449 Northside Dr

    Year built
    1990
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.08 lot acres
    Property size
    4,000 SF
    Property type
    Automotive properties
    APN
    2862 0113 000
    APU
    28620113000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.3245
    Latitude
    32.3508
    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
    $6,951
    $35,285
    $10,442
    $45,727
    -
    $235,230
    $69,610
    $304,840

    Comparable in this City

    • Value Estimation
      $255,000
      3,645 SF

      2229 Old Vicksburg Rd

      VEHICLE SALES, RENTALS • 3,645 SF
      2229 Old Vicksburg Rd, Clinton, MS 39056-2202
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    • Value Estimation
      $355,000
      12,600 SF

      1115 Monroe St

      VEHICLE SALES, RENTALS • 12,600 SF
      1115 Monroe St, Clinton, MS 39056-3735
      View Details
    • Value Estimation
      $240,000
      5,612 SF

      1405 Northside Dr

      VEHICLE SALES, RENTALS • 5,612 SF
      1405 Northside Dr, Clinton, MS 39056-3551
      View Details
    • Value Estimation
      $230,000
      3,210 SF

      117 Cynthia St

      VEHICLE SALES, RENTALS • 3,210 SF
      117 Cynthia St, Clinton, MS 39056-3711
      View Details
    • Value Estimation
      $265,000
      2,128 SF

      955 Hwy 80th E

      VEHICLE SALES, RENTALS • 2,128 SF
      955 Hwy 80th E, Clinton, MS 39056-5246
      View Details
    • Value Estimation
      $250,000
      3,280 SF

      Lakeview Dr

      VEHICLE SALES, RENTALS • 3,280 SF
      Lakeview Dr, Clinton, MS 39056
      View Details

    Similar Nearby for Sale

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      Versatile Commercial Property in Clinton

      High-visibility property ideal for automotive, retail, or office ventures.
      1210 Springridge Rd, Clinton, MS 39056
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      Clinton Office Building with Shop

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    • $1,400,000
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      Prime Clinton Restaurant Opportunity

      Turnkey Restaurant, 5,383 SF, 0.72 Acres
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    • $1,200,000
      5,383 SF

      Retail Property in Clinton, MS

      5,383 SF retail property on 0.72 acres for sale.
      102 Clinton Center Dr, Clinton, MS 39056
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    • New
      $1,300,000
      2.50 Acres

      Prime Commercial Corner in Clinton

      Highly visible 2.5-acre commercial property at a key Clinton intersection.
      Clinton Pkwy, Clinton, MS 39056
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    • $1,900,000
      18,300 SF

      Highway 80 Commercial Opportunity

      18,300 SF building on 1.48 acres in Clinton, MS.
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    Similar Nearby for Lease

    • Contact for pricing
      1,589 SF

      Retail Space in Clinton Parkway Center

      Retail space with high visibility and access in Clinton, MS.
      737-753 Clinton Pkwy, Clinton, MS 39056
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    • Contact for pricing
      14,000 SF

      Retail Space in Clinton, MS

      Retail space available in grocery-anchored shopping center.
      822 E Northside Dr, Clinton, MS 39056
      View Details
    • Contact for pricing
      1,450 SF

      Retail Space in Clinton, MS

      Retail space with high visibility and access in Clinton.
      713-727 Clinton Pkwy, Clinton, MS 39056
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    • Contact for pricing
      4,967 SF

      Clinton Plaza Retail Space

      High-traffic retail space in Clinton, MS.
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    • Contact for pricing

      Retail Space with Drive-Thru Option

      Retail spaces available in high-traffic Clinton, MS location.
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    • $6 SF/Yr
      357,000 SF

      Renovated Industrial Space Available

      Sublease opportunity: renovated industrial space with highway frontage.
      1001 Clinton Industrial Park Rd, Clinton, MS 39056
      View Details
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    449 Northside Dr
    Clinton, MS 39056-3467
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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