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    Property profile & analytics

    124 Thomas St Tupelo, MS 38801

    • Office buildings
    • 2,880 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 06, 2022
    Location Intelligence
    Property ID
    US50-0449678
    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

    • Furniture Factors Inc / Furniture Store

    Property Details for 124 Thomas St

    Year built
    1978
    Construction
    WOOD
    Property size
    2,880 SF
    Property type
    Office buildings
    APN
    077N-35-018-00
    APU
    077N3501800

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tupelo
    County
    Lee
    State
    Mississippi
    Longitude
    -88.747
    Latitude
    34.2543
    CBSA code
    46180
    CBSA name
    TUPELO, 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
    $2,993
    $0.00
    $0.00
    $22,364
    -
    $45,000
    $104,090
    $149,090

    Comparable in this City

    • Value Estimation by Request
      14,004 SF

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      605 Daybrite Dr

      OFFICE BUILDING • 3,362 SF
      605 Daybrite Dr, Tupelo, MS 38801-4911
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    • Value Estimation by Request
      3,150 SF

      2436 Main St

      OFFICE BUILDING • 3,150 SF
      2436 Main St, Tupelo, MS 38801-3148
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    • Value Estimation by Request
      4,500 SF

      2510 Mattox St

      OFFICE BUILDING • 4,500 SF
      2510 Mattox St, Tupelo, MS 38801-6567
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    • Value Estimation by Request
      576 SF

      Tupelo, MS 38801

      OFFICE BUILDING • 576 SF
      Tupelo, MS 38801
      View Details
    • Value Estimation by Request
      1,234 SF

      Tupelo, MS 38801

      OFFICE BUILDING • 1,234 SF
      Tupelo, MS 38801
      View Details

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    Similar Nearby for Lease

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    • $264 SF/Yr
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      West Main Street Retail Endcaps

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    • $23 SF/Yr
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      Tupelo, MS medical office suites available
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    124 Thomas St
    Tupelo, MS 38801
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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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