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Property profile & analytics
OFF-MARKET
Office Spaces
721 Avignon Dr Ridgeland, MS 39157-5165
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US50-2010323
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2004
Total area
4,979 SF
Lot
0.38 ac (16,695 SF)
APN
072I-29D-049/04
UPID
US50-2010323
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
-
TPL Advantage Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hometown Restoration LLC · 1 yrs held
Hometown Restoration LLC
since 2025
7 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 Ridgeland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgeland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,213
Tax year 2023
Assessed value
$76,217
Assessed 2023
Previous assessed
$76,217
+0.0% YoY
Effective rate
10.78%
On assessed value
Land market value
$103,950
Improvement market value
$404,160
Total market value
$508,110
Applied tax rate
3.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2004
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
4,979 SF
Lot
0.38 ac (16,695 SF)
APN
072I-29D-049/04
UPID
US50-2010323
Jurisdiction
MADISON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.38 ac
Current owner
From public records · entity-resolved
Hometown Restoration LLC
Entity
Mailing address
238 TER PL, BELLINGHAM, WA 98225-7723
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2025
—
Hometown Restoration LLC
C D Southern Enterprises LLC
Warranty Deed
$468,112 · Community Bank Of Mississippi
Jan 7, 2020
—
Cd Southern Ents LLC
—
Deed
related
$316,352 · Bankplus
Mar 24, 2010
—
Cd Southern Ents LLC
Dahms,christy
Quit Claim Deed
related
—
Mar 29, 2006
—
Christy L Dahms
Owner,record
Grant Deed
related
—
Aug 2, 2004
—
Glen S Whitfield
Owner,record
Grant Deed
related
—
—
—
Cd Southern Ents LLC
—
Deed Of Trust
related
$316,352 · Bankplus
—
—
Cd Southern Ents LLC
—
Deed Of Trust
related
$257,869 · Bankplus
—
—
Christy L Dahms
—
Deed Of Trust
related
$293,734 · Bank Plus INC
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.
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