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    Property profile & analytics

    111 Martin Luther King Jr Dr Indianola, MS 38751-2698

    • Office Properties & Spaces
    • 2,330 SF
    OFF-MARKET
    Value Estimation
    $420,000
    Last Sale
    Jun 27, 2024
    Location Intelligence
    Property ID
    US50-1094606
    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 Properties & Spaces

    Property Details for 111 Martin Luther King Jr Dr

    Year built
    1988
    Property size
    2,330 SF
    Property type
    Office Properties & Spaces
    APN
    119J-32-00-046.00
    APU
    119J320004600

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Indianola
    County
    Sunflower
    State
    Mississippi
    Longitude
    -90.6317
    Latitude
    33.4549
    CBSA code
    26940
    CBSA name
    INDIANOLA, 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
    $3,853
    $1,514
    $20,572
    $22,086
    -
    $10,095
    $137,146
    $147,241

    Comparable in this City

    • Value Estimation by Request
      2,858 SF

      Indianola, MS 38751

      OFFICE (GENERAL) • 2,858 SF
      Indianola, MS 38751
      View Details
    • Value Estimation by Request
      1,418 SF

      Indianola, MS 38751

      OFFICE (GENERAL) • 1,418 SF
      Indianola, MS 38751
      View Details
    • Value Estimation by Request
      650 SF

      Airport

      OFFICE (GENERAL) • 650 SF
      Airport, Indianola, MS 38751
      View Details
    • Value Estimation by Request
      2,160 SF

      322 Beaverdam Rd

      OFFICE (GENERAL) • 2,160 SF
      322 Beaverdam Rd, Indianola, MS 38751-2652
      View Details
    • Value Estimation by Request
      1,509 SF

      Main St

      OFFICE (GENERAL) • 1,509 SF
      Main St, Indianola, MS 38751
      View Details
    • Value Estimation by Request
      2,093 SF

      115 2nd St

      OFFICE (GENERAL) • 2,093 SF
      115 2nd St, Indianola, MS 38751-2845
      View Details

    Similar Nearby for Sale

    • $126,500
      3,107 SF

      Indianola Office Space For Sale

      Sunflower County office space near the Courthouse. Turn-key and operational.
      200 Second St, Indianola, MS 38751
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    • $65,000
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      Downtown Indianola Retail Space

      Prime Retail Space, $65,000
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    • $1,375,000
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      Prime Indianola Apartment Complex

      24 Units, 1.2 Acres, High Demand
      502 Dorsett Dr, Indianola, MS 38751
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    • $450,000
      2.35 Acres

      2.35 Acres With a Home in Sunflower County at 1400 Bayou Dri

      Land • 2.35 Acres
      1400 Bayou Dr, Indianola, MS 38751
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    • $475,000
      8,449 SF

      Indianola Commercial Property

      High-traffic location, versatile building
      1319 Highway 82, Indianola, MS 38751
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    • $199,750
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      Prime Indianola Multifamily Investment

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    Similar Nearby for Lease

    • Contact for pricing
      3,699 SF

      Freestanding Retail Building on Highway

      3,699 SF retail/office space with excellent visibility and parking.
      616 S 82, Indianola, MS 38751
      View Details
    • Contact for pricing
      3,699 SF

      Freestanding Retail/Office Building on Highway

      3,699 SF retail/office building with highway frontage in Indianola, MS.
      616 Highway 82 W, Indianola, MS 38751
      View Details
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    Indianola, MS 38751-2698
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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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