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    Property profile & analytics

    1157 Hwy 51st N, Unit 98 Summit, MS 39666-8281

    • Retail space
    • 7,430 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1724297
    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 space

    Property Details for 1157 Hwy 51st N

    Year built
    1977
    Property size
    7,430 SF
    Property type
    Retail space
    APN
    613005-F
    APU
    613005F

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Summit
    County
    Pike
    State
    Mississippi
    Longitude
    -90.472
    Latitude
    31.2747
    CBSA code
    32620
    CBSA name
    MCCOMB, 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
    $9,758
    $0.00
    $0.00
    $57,716
    -
    $243,717
    $141,050
    $384,767

    Comparable in this City

    • Value Estimation by Request
      2,840 SF

      Summit, MS 39666

      RETAIL STORES (PERSONAL SERVICES) • 2,840 SF
      Summit, MS 39666
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    • Value Estimation by Request
      1,037 SF

      65 Freeman SE Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,037 SF
      65 Freeman SE Rd, Summit, MS 39666
      View Details
    • Value Estimation by Request
      2,094 SF

      2177 Hwy 98th W

      RETAIL STORES (PERSONAL SERVICES) • 2,094 SF
      2177 Hwy 98th W, Summit, MS 39666-7210
      View Details
    • Value Estimation by Request
      0.19 Acres

      Summit, MS 39666

      RETAIL STORES (PERSONAL SERVICES) • 0.19 Acres
      Summit, MS 39666
      View Details
    • Value Estimation by Request
      0.07 Acres

      Summit, MS 39666

      RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
      Summit, MS 39666
      View Details
    • Value Estimation by Request
      6,000 SF

      Apache Dr Ext

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      Apache Dr Ext, Summit, MS 39666
      View Details

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      Land in North Pike District

      6.8+- acre property in the North Pike School District.
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    1157 Hwy 51st N, Unit 98
    Summit, MS 39666-8281
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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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