Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1016 Hwy 42 Sumrall, MS 39482-9634

    • Office buildings
    • 5,726 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-0573904
    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

    • Office buildings

    Property Details for 1016 Hwy 42

    Year built
    2006
    Property size
    5,726 SF
    Property type
    Office buildings
    APN
    161J-12-074.000
    APU
    161J12074000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sumrall
    County
    Lamar
    State
    Mississippi
    Longitude
    -89.5567
    Latitude
    31.4134
    CBSA code
    25620
    CBSA name
    HATTIESBURG, 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
    $15,320
    $0.00
    $0.00
    $99,365
    -
    $65,340
    $597,090
    $662,430

    Comparable in this City

    • Value Estimation by Request
      400 SF

      113 Black Crk Rd

      OFFICE BUILDING • 400 SF
      113 Black Crk Rd, Sumrall, MS 39482-3839
      View Details
    • Value Estimation by Request
      800 SF

      380 Bounds Rd

      OFFICE BUILDING • 800 SF
      380 Bounds Rd, Sumrall, MS 39482-3849
      View Details
    • Value Estimation by Request
      2,304 SF

      101 Ctr Ave

      OFFICE BUILDING • 2,304 SF
      101 Ctr Ave, Sumrall, MS 39482
      View Details
    • Value Estimation by Request
      8,069 SF

      1238 Hwy 42

      OFFICE BUILDING • 8,069 SF
      1238 Hwy 42, Sumrall, MS 39482-9519
      View Details
    • Value Estimation by Request
      1,500 SF

      1386 Hwy 42

      OFFICE BUILDING • 1,500 SF
      1386 Hwy 42, Sumrall, MS 39482-9520
      View Details
    • Value Estimation by Request
      1,688 SF

      1185 Hwy 42

      OFFICE BUILDING • 1,688 SF
      1185 Hwy 42, Sumrall, MS 39482
      View Details

    Similar Nearby for Sale

    • $55,315
      8.51 Acres

      Scenic Creekfront Land Near Hattiesburg

      8.51-acre tract with Black Creek frontage near Hattiesburg and Sumrall.
      W Wpa Rd, Sumrall, MS 39482
      View Details
    • Contact for pricing
      Pending

      5.89 Acres in Sumrall, MS

      5.89-acre property with easy access and power line.
      00 Christian Union Rd, Sumrall, MS 39482
      View Details
    • $220,000

      Sumrall, MS Investment Opportunity

      Entry-level investment property with long-term tenants in Sumrall, MS.
      135 Ratcliff Rd, Sumrall, MS 39482
      View Details
    • $265,000
      Pending

      Pasture Land with Private Pond

      14.7 acres of pasture with pond in Sumrall, Mississippi.
      N Black Creek Rd, Sumrall, MS 39482
      View Details
    • $185,990
      15.58 Acres

      Land in Sumrall School District

      15.58 acre property in Sumrall, MS with no restrictions.
      111 Ms-44, Sumrall, MS 39482
      View Details
    • $167,000

      Prime Commercial Land in Sumrall, MS

      High-growth area, 1.3 acres, Hwy 42 frontage
      1248 Ms-42, Sumrall, MS 39482
      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.
    1016 Hwy 42
    Sumrall, MS 39482-9634
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.