198 RailroadLong Beach, MS 39560

  • Turn key restaurants
  • 1,803 SF
Off market
$4,830,000 Estimated

Property Details for 198 Railroad

Year built
1985
Lot size
0.48 AC
Property size (Sq ft)
1,803 SF
Property type
Turn key restaurants
APN
0612B-04-017.003
APU
0612B04017003

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $315,674
    6.5%
    $291,391
    7%
    $270,578
  • Comparable approach

    Method
    Valuation
    Relative Method
    $143,036
    Geo Method
    $133,302
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $555,487
    Mixed-Use / Specialty
    $295,506
    Hospitality / Lodging
    $223,514
    Office
    $299,119
    Institutional / Educational
    $309,049
    Residential Income
    $361,588
    Multifamily
    $405,097
    Automotive / Energy
    $264,900
    Parking / Income-Based Land
    $86,321.60
    Restaurant / Food Service
    $164,694
    Healthcare / Senior Housing
    $297,751

Location Insight

City
Long Beach
County
Harrison
State
Mississippi
Latitude
30.3516
Longitude
-89.1498
CBSA code
25060
CBSA name
GULFPORT-BILOXI, 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
$5,043
-
-
$32,525
-
$51,450
$165,382
$216,832

FAQs

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