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

    487 Railroad Ave Flora, MS 39071

    • Retail space
    • 1,400 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-0766466
    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

    • Retail space

    Property Details for 487 Railroad Ave

    Year built
    1930
    Property size
    1,400 SF
    Property type
    Retail space
    APN
    051E-16B-197
    APU
    051E16B197

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Flora
    County
    Madison
    State
    Mississippi
    Longitude
    -90.3088
    Latitude
    32.5433
    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
    $291
    $0.00
    $0.00
    $2,378
    -
    $9,120
    $6,730
    $15,850

    Comparable in this City

    • Value Estimation by Request
      10,348 SF

      117 Progress Dr

      RETAIL STORES (PERSONAL SERVICES) • 10,348 SF
      117 Progress Dr, Flora, MS 39071-6200
      View Details
    • Value Estimation by Request
      2,084 SF

      Flora, MS 39071

      RETAIL STORES (PERSONAL SERVICES) • 2,084 SF
      Flora, MS 39071
      View Details
    • Value Estimation by Request
      3,176 SF

      4706 Hwy 22

      RETAIL STORES (PERSONAL SERVICES) • 3,176 SF
      4706 Hwy 22, Flora, MS 39071-9694
      View Details
    • Value Estimation by Request
      480 SF

      1108 Hwy 49

      RETAIL STORES (PERSONAL SERVICES) • 480 SF
      1108 Hwy 49, Flora, MS 39071
      View Details
    • Value Estimation by Request
      1,360 SF

      117 Kearney Park Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,360 SF
      117 Kearney Park Rd, Flora, MS 39071
      View Details
    • Value Estimation by Request
      2,125 SF

      4836 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,125 SF
      4836 Main St, Flora, MS 39071-9515
      View Details

    Similar Nearby for Sale

    • $3,195,000
      16.38 Acres

      Flora School Redevelopment Opportunity

      16 Acres, 14,000 SF, $3.195M
      117 Fourth St, Flora, MS 39071
      View Details
    • Contact for pricing
      17,500 SF

      Versatile Manufacturing and Warehouse Space

      17,500 SF industrial property in Kearney Park Business Complex.
      201 Howard Dr, Flora, MS 39071
      View Details
    • Contact for pricing

      Land For Sale Flora, MS

      Land available for sale in Flora, Mississippi.
      Highland Hills Ln, Flora, MS 39071
      View Details
    • $1,332,000

      Versatile Land in Madison County

      Land with visibility and accessibility in Madison County.
      117 NW Fourth St, Flora, MS 39071
      View Details
    • $250,000
      9.44 Acres

      Lakefront Acreage in Gated Community

      9.44-acre lot with lake access, utilities, and paved road.
      Springwood Trl, Flora, MS 39071
      View Details
    • $130,000
      1.91 Acres

      Wooded Land Near Lake

      1.91-acre wooded lot backing up to a lake.
      Chestnut Hl, Flora, MS 39071
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      8,122 SF

      1150 Old Cedars Ln

      Restaurants • 8,122 SF
      1150 Old Cedars Ln, Flora, MS 39071
      View Details
    • $6 SF/Yr
      10,600 SF

      Industrial Space in Flora, MS

      6,400 SF warehouse/manufacturing space with dock high loading.
      110 Howard Dr, Flora, MS 39071
      View Details
    • $8 SF/Yr
      36,000 SF

      Industrial Facility in Flora, MS

      36,000 SF industrial facility for lease in Flora, MS.
      120 St Charles Ave, Flora, MS 39071
      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.
    487 Railroad Ave
    Flora, MS 39071
    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.