Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    881 Riv Pl Jackson, MS 39202-3403

    • Motels
    • 4,536 SF
    • 3.82 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US50-0072041
    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

    • Studio 6 / Hotel & Motel
    • Extended Studio Hotel / Hotel & Motel / Vacation Rental
    • The Pointe @ East River Place Apartments / Apartment Rental Agency / Apartment Complex

    Property Details for 881 Riv Pl

    Year built
    1986
    Construction
    WOOD
    Lot size
    3.82 lot acres
    Property size
    4,536 SF
    Property type
    Motels
    APN
    1008 0031 000
    APU
    10080031000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.1629
    Latitude
    32.3084
    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
    $77,596
    $148,976
    $244,713
    $393,689
    -
    $993,170
    $1,631,420
    $2,624,590

    Comparable in this City

    • Value Estimation
      $725,000
      32,093 SF

      700 Larson St

      MOTEL • 32,093 SF
      700 Larson St, Jackson, MS 39202-3436
      View Details
    • Value Estimation
      $1,445,000
      56,513 SF

      400 Greymont Ave, Unit A

      MOTEL • 56,513 SF
      400 Greymont Ave, Jackson, MS 39202-3505
      View Details
    • Value Estimation
      $880,000
      33,444 SF

      725 Larson St

      MOTEL • 33,444 SF
      725 Larson St, Jackson, MS 39202-3437
      View Details
    • Value Estimation
      $1,675,000
      68,541 SF

      320 Greymont Ave

      MOTEL • 68,541 SF
      320 Greymont Ave, Jackson, MS 39202-3503
      View Details
    • Value Estimation
      $565,000
      21,947 SF

      804 Larson St

      MOTEL • 21,947 SF
      804 Larson St, Jackson, MS 39202-3400
      View Details
    • Value Estimation by Request
      13,698 SF

      734 Fairview St

      HOTEL • 13,698 SF
      734 Fairview St, Jackson, MS 39202-1624
      View Details

    Similar Nearby for Sale

    • $2,550,000
      33,274 SF

      Jackson Medical Office Redevelopment

      Prime Medical/Office Building, High Potential
      1600 State St, Jackson, MS 39202
      View Details
    • Contact for pricing
      82,315 SF

      Prime Jackson School Redevelopment Opportunity

      82,315 SF, 2-Story School Building
      136 Ash St, Jackson, MS 39202
      View Details
    • $600,000
      5,300 SF

      Prime North Houston Warehouse

      67,207 SF Warehouse For Lease
      825 Larson St, Jackson, MS 39202
      View Details
    • $3,100,000
      56,350 SF

      Prime Jackson Executive Office Building

      56,350 SF, 6-story, renovated
      633 State St, Jackson, MS 39202
      View Details
    • $615,000
      6,559 SF

      Belhaven Office Building Opportunity

      Two-story office building in Belhaven neighborhood, Jackson, MS.
      901 N State St, Jackson, MS 39202
      View Details
    • Contact for pricing

      Land For Sale Jackson

      Land available for sale in Jackson, Mississippi.
      1044 High St, Jackson, MS 39202
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,205 SF

      Retail Space in Jackson, MS

      Retail space available for lease in Jackson, Mississippi.
      1121 N Jefferson St, Jackson, MS 39202
      View Details
    • Contact for pricing
      1,100 SF

      North Jackson Office Space Available

      Office space for rent with I-55 access in Jackson.
      4915 North St North, Jackson, MS 39202
      View Details
    • Contact for pricing
      5,236 SF

      Retail Space Available For Lease

      Retail property with 5236 square feet available for rent.
      680 Larson St, Jackson, MS 39202
      View Details
    • $637 /Mo

      Customizable Office Warehouse Space

      Modern, versatile office and warehouse spaces with prime location.
      810 Foley St, Jackson, MS 39202
      View Details
    • Contact for pricing

      Medical Office Building For Sale

      Leased medical office building with potential leaseback opportunity.
      953 North St, Jackson, MS 39202
      View Details
    • Contact for pricing

      Flowood Office Space for Rent

      Office space featuring 10 offices, conference room, and break room.
      132 Riverview Dr, Flowood, MS 39202
      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.
    881 Riv Pl
    Jackson, MS 39202-3403
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!