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    Property profile & analytics

    1196 Dr Ml King Jr St Natchez, MS 39120-3162

    • Investment properties
    • 8,520 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-0738872
    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

    • Investment properties

    Property Details for 1196 Dr Ml King Jr St

    Year built
    2015
    Construction
    WOOD
    Lot size
    0.51 lot acres
    Property size
    8,520 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    0020 0004 0018
    APU
    2000040018

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Natchez
    County
    Adams
    State
    Mississippi
    Longitude
    -91.3753
    Latitude
    31.568
    CBSA code
    35020
    CBSA name
    NATCHEZ, MS-LA 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
    $15,775
    $16,966
    $77,526
    $94,492
    -
    $113,110
    $516,840
    $629,950

    Comparable in this City

    • Value Estimation by Request
      14,985 SF

      303 Devereaux Dr

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    • Value Estimation by Request
      826 SF

      632 Hwy 61st N

      STORE/OFFICE (MIXED USE) • 826 SF
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      3,150 SF

      15 Spg St

      STORE/OFFICE (MIXED USE) • 3,150 SF
      15 Spg St, Natchez, MS 39120-2838
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      1,376 SF

      327 Lowr Woodville Rd

      STORE/OFFICE (MIXED USE) • 1,376 SF
      327 Lowr Woodville Rd, Natchez, MS 39120-5367
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    • Value Estimation by Request
      20,356 SF

      345 Devereaux Dr

      STORE/OFFICE (MIXED USE) • 20,356 SF
      345 Devereaux Dr, Natchez, MS 39120-4207
      View Details
    • Value Estimation
      $695,000
      15,027 SF

      49 Sgt Prentiss Dr

      STORE/OFFICE (MIXED USE) • 15,027 SF
      49 Sgt Prentiss Dr, Natchez, MS 39120-4727
      View Details

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    Similar Nearby for Lease

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      Versatile Commercial Space in Natchez

      10,000 sq ft commercial space suitable for various businesses.
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      4,000 sq ft retail space for rent in Natchez.
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      Prime Natchez medical office space available.
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    Natchez, MS 39120-3162
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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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