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    503 Ms-16 Carthage, MS 39051

    • Retail properties
    • 3,063 SF
    • 2.46 lot acres
    For Sale
    View listing
    $1,936,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 503 Ms-16

    Year built
    2017
    Lot size
    2.46 lot acres
    Property size
    3,063 SF
    Property type
    Retail properties

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carthage
    County
    Leake
    State
    Mississippi
    Longitude
    -89.5399
    Latitude
    32.7304

    Comparable in this City

    • Value Estimation by Request
      2,450 SF

      220 Ms-35

      Restaurants • 2,450 SF
      220 Ms-35, Carthage, MS 39051
      View Details
    • Value Estimation by Request
      3.13 Acres

      02 Highway 25

      Land • 3.13 Acres
      02 Highway 25, Carthage, MS 39051
      View Details
    • Value Estimation by Request
      22.90 Acres

      801 Ms-35

      Flex space • 6,900 SF
      801 Ms-35, Carthage, MS 39051
      View Details
    • Value Estimation by Request
      9,099 SF

      3073 Ms-16

      Lifestyle centers • 9,099 SF
      3073 Ms-16, Carthage, MS 39051
      View Details
    • Value Estimation by Request
      6,834 SF

      4949 Hwy 16th E

      NIGHTCLUB (COCKTAIL LOUNGE) • 6,834 SF
      4949 Hwy 16th E, Carthage, MS 39051
      View Details
    • Value Estimation by Request
      3,975 SF

      120 Court Sq

      Retail properties • 3,975 SF
      120 Court Sq, Carthage, MS 39051
      View Details

    Similar Nearby for Sale

    • $1,936,000
      3,063 SF

      Burger King Net Lease Investment

      Mississippi QSR, 6.25% Cap Rate, 13.7 Years Remaining
      503 Ms-16, Carthage, MS 39051
      View Details
    • $110,000
      3.13 Acres

      High-Visibility Retail Land in MS

      Prime 3.13-acre lot, Highway 25 frontage.
      02 Highway 25, Carthage, MS 39051
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    • $750,000
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      Carthage MS Flex Warehouse & Land

      6,900 SF Flex Warehouse, 22.9 Acres
      801 Ms-35, Carthage, MS 39051
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    • New
      $217,380
      82.03 Acres

      Recreational Land with Timber Potential

      82.03 acres of recreational land with road frontage.
      00 K T Rd, Carthage, MS 39051
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    • $250,000
      10.00 Acres

      Prime 10-Acre Commercial Land

      High-visibility Highway 25 lot, ideal for business.
      03 Highway 25, Carthage, MS 39051
      View Details
    • $79,700
      27.50 Acres

      27.5 Acres Vacant Land, Carthage

      Vacant land with potential for homes, cabins, or timber investment.
      00 Martin Rd, Carthage, MS 39051
      View Details
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    503 Ms-16
    Carthage, MS 39051
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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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