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    Property profile & analytics

    600 Wallace Dr Edwards, MS 39066-8968

    • Motels
    • 5,812 SF
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US50-0468941
    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

    • Relax Inn / Motel

    Property Details for 600 Wallace Dr

    Year built
    1968
    Construction
    WOOD
    Property size
    5,812 SF
    Property type
    Motels
    APN
    4970 0451 006
    APU
    49700451006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Edwards
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.5954
    Latitude
    32.3399
    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
    $4,665
    $10,292
    $18,056
    $28,348
    -
    $68,610
    $120,370
    $188,980

    Comparable in this City

    • Value Estimation by Request
      180 SF

      Billy Flds Rd

      COMMERCIAL (GENERAL) • 180 SF
      Billy Flds Rd, Edwards, MS 39066
      View Details
    • Value Estimation by Request
      987 SF

      Canada Cross Rd

      STORE, RETAIL OUTLET • 987 SF
      Canada Cross Rd, Edwards, MS 39066
      View Details
    • Value Estimation by Request
      648 SF

      Willie V Crump Ln

      STORE, RETAIL OUTLET • 648 SF
      Willie V Crump Ln, Edwards, MS 39066
      View Details
    • Value Estimation by Request
      4,227 SF

      Frnt St

      OFFICE BUILDING • 4,227 SF
      Frnt St, Edwards, MS 39066
      View Details
    • Value Estimation by Request
      4,000 SF

      1325 Askew Fry Rd

      WAREHOUSE, STORAGE • 4,000 SF
      1325 Askew Fry Rd, Edwards, MS 39066-9539
      View Details
    • Value Estimation by Request
      2,068 SF

      Mt Moriah Rd

      COMMERCIAL (GENERAL) • 2,068 SF
      Mt Moriah Rd, Edwards, MS 39066
      View Details

    Similar Nearby for Sale

    • $1,694,319
      403.89 Acres

      Edwards, MS Vacant Land

      403.89 acres of diverse land near the Big Black River.
      Smith Station Rd, Edwards, MS 39066
      View Details
    • $1,423,950
      339.44 Acres

      339 Acres Row Crop Land

      339.44 acres of farmland in Hinds County, Mississippi.
      001 Smith Station Rd, Edwards, MS 39066
      View Details
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    600 Wallace Dr
    Edwards, MS 39066-8968
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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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