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    Property profile & analytics

    476 Trace Rd Laurel, MS 39443

    • Retail properties
    • 3,000 SF
    • 0.50 lot acres
    For Sale
    View listing
    $225,000
    Value Estimation
    Location Intelligence
    Property ID
    US50-0556309
    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

    • Retail properties

    Property Details for 476 Trace Rd

    Year built
    2007
    Lot size
    0.50 lot acres
    Property size
    3,000 SF
    Property type
    Retail properties
    APN
    162S-12-00-162.01
    APU
    162S120016201

    Description

    This versatile 3,000 square foot commercial property, situated on a one-acre lot at 476 Trace Rd. in Laurel, MS, presents a unique investment opportunity. Currently configured as a nutrition shop with a separately leased back shop area, the space offers remarkable adaptability to suit a wide range of businesses. The front area is easily convertible back into office space, while the rear area, previously a granite shop, provides ample room for various uses. The property boasts substantial electrical capacity, ensuring sufficient power for diverse operational needs. The sale does not include the existing business

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Jones
    State
    Mississippi
    Longitude
    -89.1598
    Latitude
    31.7694
    CBSA code
    29860
    CBSA name
    LAUREL, MS MICROPOLITAN 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
    $1,912
    $0.00
    $0.00
    $14,902
    -
    $6,590
    $92,750
    $99,340

    Comparable in this City

    • Value Estimation by Request
      1,984 SF

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      1,800 SF

      108 Church Dr

      DEPARTMENT STORE • 1,800 SF
      108 Church Dr, Laurel, MS 39443-9659
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      2,400 SF

      Laurel, MS 39443

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,400 SF
      Laurel, MS 39443
      View Details
    • Value Estimation by Request
      1,500 SF

      Laurel, MS 39443

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,500 SF
      Laurel, MS 39443
      View Details

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    • Contact for pricing

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    476 Trace Rd
    Laurel, MS 39443
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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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