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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    482 Springridge Rd Clinton, MS 39056-4852

    • Motels
    • 16,862 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US50-0334286
    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

    • Days Inn by Wyndham Clinton / Hotel & Motel

    Property Details for 482 Springridge Rd

    Year built
    1994
    Property size
    16,862 SF
    Property type
    Motels
    APN
    2860 0834 507
    APU
    28600834507

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.3279
    Latitude
    32.3287
    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
    $18,470
    $19,863
    $101,633
    $121,496
    -
    $132,420
    $677,550
    $809,970

    Comparable in this City

    • Value Estimation
      $825,000
      29,048 SF

      103 Johnston Pl

      MOTEL • 29,048 SF
      103 Johnston Pl, Clinton, MS 39056-5911
      View Details
    • Value Estimation
      $720,000
      30,521 SF

      201 Johnston Pl

      MOTEL • 30,521 SF
      201 Johnston Pl, Clinton, MS 39056-5980
      View Details
    • Value Estimation
      $1,025,000
      38,734 SF

      105 Hampstead Pl

      MOTEL • 38,734 SF
      105 Hampstead Pl, Clinton, MS 39056-5047
      View Details
    • Value Estimation
      $675,000
      21,155 SF

      103 Clinton Ctr Dr

      MOTEL • 21,155 SF
      103 Clinton Ctr Dr, Clinton, MS 39056-5623
      View Details
    • Value Estimation
      $550,000
      18,353 SF

      102 Clinton Loop Dr

      MOTEL • 18,353 SF
      102 Clinton Loop Dr, Clinton, MS 39056-5661
      View Details
    • Value Estimation
      $1,025,000
      35,306 SF

      493 Springridge Rd

      MOTEL • 35,306 SF
      493 Springridge Rd, Clinton, MS 39056-5602
      View Details

    Similar Nearby for Sale

    • $149,000

      Residential Acreage in Clinton, MS

      8.3 acres in Clinton, MS with utilities available.
      121 Sunrise Dr, Clinton, MS 39056
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    • Contact for pricing

      Clinton Commercial Land For Sale

      Over 40 acres of commercial land with high visibility.
      I-20 N Frontage Rd, Clinton, MS 39056
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    • $250,000
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      Clinton Parkway Commercial Land

      4.88 Acres, $250,000
      726 Clinton Pkwy, Clinton, MS 39056
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    • $65,000
      0.30 Acres

      Residential Lot in Clinton, MS

      Residential lot with house pad ready for 2600 sqft home.
      Copper Creek Dr, Clinton, MS 39056
      View Details
    • New
      $75,000
      0.62 Acres

      Land For Sale in Clinton

      Land for sale off I-20 in Clinton, Mississippi.
      St Thomas Pkwy, Clinton, MS 39056
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    • $65,000
      0.51 Acres

      Residential Lot in Gated Community

      Residential lot for sale in Clinton, Mississippi's gated community.
      104 Belle Fleur Ln, Clinton, MS 39056
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space with Drive-Thru Option

      Retail spaces available in high-traffic Clinton, MS location.
      Hampstead Blvd, Clinton, MS 39056
      View Details
    • $6 SF/Yr
      730,000 SF

      Clinton Industrial Sublease Opportunity

      730,000 SF Manufacturing/Warehouse Space
      1001 Industrial Park Dr, Clinton, MS 39056
      View Details
    • Contact for pricing
      4,967 SF

      Clinton Plaza Retail Space

      High-traffic retail space in Clinton, MS.
      200 Clinton Blvd, Clinton, MS 39056
      View Details
    • $5 SF/Yr
      217,858 SF

      Clinton Industrial Warehouse Space

      Large warehouse, multiple tenants, MS
      1021 Clinton Industrial Park Rd, Clinton, MS 39056
      View Details
    • $18 SF/Yr
      55,027 SF

      Class A Office Park

      Four-story Class A office buildings in Clinton, Mississippi.
      500 Clinton Center Dr, Clinton, MS 39056
      View Details
    • 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
      View Details
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    482 Springridge Rd
    Clinton, MS 39056-4852
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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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