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    Property profile & analytics

    493 Railroad Ave Flora, MS 39071

    • Bars
    • 1,056 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-0665883
    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

    • Bars

    Property Details for 493 Railroad Ave

    Year built
    1953
    Property size
    1,056 SF
    Property type
    Bars
    APN
    051E-16B-195
    APU
    051E16B195

    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
    32.543
    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
    $74
    $0.00
    $0.00
    $607
    -
    $1,770
    $2,270
    $4,040

    Comparable in this City

    • Value Estimation by Request
      4,718 SF

      471 Railroad Ave

      RESTAURANT • 4,718 SF
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      1,115 SF

      4822 Hwy 22

      RESTAURANT • 1,115 SF
      4822 Hwy 22, Flora, MS 39071
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    • Value Estimation by Request
      2,118 SF

      100 Mansker Dr

      RESTAURANT • 2,118 SF
      100 Mansker Dr, Flora, MS 39071-8701
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    • Value Estimation by Request
      2,500 SF

      4832 Main St

      RESTAURANT • 2,500 SF
      4832 Main St, Flora, MS 39071
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    • Value Estimation by Request
      2,085 SF

      344 1st St

      RESTAURANT • 2,085 SF
      344 1st St, Flora, MS 39071-9338
      View Details
    • Value Estimation by Request
      3,726 SF

      4846 Main St

      RESTAURANT • 3,726 SF
      4846 Main St, Flora, MS 39071-9515
      View Details

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      9.44-acre lot with lake access, utilities, and paved road.
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    Similar Nearby for Lease

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      6,400 SF warehouse/manufacturing space with dock high loading.
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    • $8 SF/Yr
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      Industrial Facility in Flora, MS

      36,000 SF industrial facility for lease in Flora, MS.
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    493 Railroad Ave
    Flora, MS 39071
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    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
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