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Property profile & analytics
FOR LEASE
Office buildings
500 Clinton Center Dr Clinton, MS 39056
Individually Owned
11-yr Hold
Free & Clear
Property ID
US50-0251001
For Lease
1 / 7
$18.50 SF/Yr
500 Clinton Center Dr, Clinton, MS 39056
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Construction
TYPE NOT SPECIFIED
Total area
118,744 SF
Lot
79.05 ac (3,443,420 SF)
APN
2862 0166 097
UPID
US50-0251001
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
FedEx Drop Box Postal Service Courier Service
-
Glover and Sons Snacks Big Box & Wholesale Store
-
Verizon Business Advertising Agency Marketing & Advertising
-
Hotel Hotel & Motel
-
Raymond Tax Commission City Tax Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.42M
Comparable Approach
Comparable
$16.75M
Blend (final)
Blend
$16.59M
Owner & transaction history
Owner Name Unavailable · 11 yrs held
Owner Name Unavailable
since 2014
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Clinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clinton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$17,785,000
6.5%
$16,415,000
7%
$15,245,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$12,380,000
Current use
RESTAURANT
$11,670,000
Change: -6% · Conversion: Moderate
RETAIL STORES
$10,895,000
Change: -12% · Conversion: Moderate
AUTO REPAIR, GARAGE
$10,385,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$16.59M
Range $14.93M – $18.24M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$140 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$395,490
Tax year 2023
Assessed value
$2,601,565
Assessed 2023
Previous assessed
$3,024,152
-14.0% YoY
Effective rate
15.20%
On assessed value
Assessed land
$177,863
Assessed improvement
$2,423,702
Land market value
$1,185,750
Improvement market value
$16,158,010
Total market value
$17,343,760
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1997
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
YES
Buildings
3
Total area
118,744 SF
Lot
79.05 ac (3,443,420 SF)
APN
2862 0166 097
UPID
US50-0251001
Jurisdiction
HINDS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$12.4M
RESTAURANT
Est. value
$11.7M
RETAIL STORES
Est. value
$10.9M
AUTO REPAIR, GARAGE
Est. value
$10.4M
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Buildings
3
Lot
79.05 ac
Current owner
From public records · entity-resolved
Owner Name Unavailable
Individual
Free & Clear · 11 yrs held
Mailing address
2180 BURBANK BLVD, WOODLAND HILLS, CA
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2014
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Aug 15, 2007
—
Sc Clinton Ms LLC
Owner Name Unavailable
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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