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    Property profile & analytics

    102 State Hwy 15th S New Albany, MS 38652-5205

    • Turn key restaurants
    • 1,483 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 15, 2020
    Location Intelligence
    Property ID
    US50-1641957
    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

    • Turn key restaurants

    Property Details for 102 State Hwy 15th S

    Year built
    1930
    Property size
    1,483 SF
    Property type
    Turn key restaurants
    APN
    041N-17-036.00
    APU
    041N1703600

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Albany
    County
    Union
    State
    Mississippi
    Longitude
    -88.9996
    Latitude
    34.4812

    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
    $2,527
    $0.00
    $0.00
    $17,600
    -
    $31,020
    $86,310
    $117,330

    Comparable in this City

    • Value Estimation by Request

      199 State Hwy 30th W Mcdonalds

      RESTAURANT
      199 State Hwy 30th W Mcdonalds, New Albany, MS 38652-3119
      View Details
    • Value Estimation by Request
      1.71 Acres

      New Albany, MS 38652

      RESTAURANT • 1.71 Acres
      New Albany, MS 38652
      View Details
    • Value Estimation by Request
      3,292 SF

      Georges

      RESTAURANT • 3,292 SF
      Georges, New Albany, MS 38652
      View Details
    • Value Estimation by Request
      1,208 SF

      Sonic Dr In

      RESTAURANT • 1,208 SF
      Sonic Dr In, New Albany, MS 38652
      View Details
    • Value Estimation by Request
      5,312 SF

      Mcdonalds

      RESTAURANT • 5,312 SF
      Mcdonalds, New Albany, MS 38652
      View Details
    • Value Estimation by Request
      2,897 SF

      Old Pizza Hut Bldg Building

      RESTAURANT • 2,897 SF
      Old Pizza Hut Bldg Building, New Albany, MS 38652
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Prime Commercial Land on Hwy 30

      Two-acre commercial property with highway frontage, suitable for office or retail.
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      Wooded Land with Creek Views

      7.75-acre wooded property with creek and farmland views.
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    Similar Nearby for Lease

    • $25 SF/Yr
      1,500 SF

      Retail Space in New Albany

      Retail space available for lease in New Albany, Mississippi.
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      View Details
    • $1.94 SF/Yr
      43,200 SF

      New Albany Industrial Space

      43,200 SF Warehouse/Flex Space
      944 Ms-15, New Albany, MS 38652
      View Details
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    102 State Hwy 15th S
    New Albany, MS 38652-5205
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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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