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    Property profile & analytics

    1258 Dr Martin Luther King Jr Blvd Grenada, MS 38901-4604

    • Individual retail properties
    • 4,019 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1518984
    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

    • Individual retail properties

    Property Details for 1258 Dr Martin Luther King Jr Blvd

    Year built
    1950
    Property size
    4,019 SF
    Property type
    Individual retail properties
    APN
    104F 18 031.00
    APU
    104F1803100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grenada
    County
    Grenada
    State
    Mississippi
    Longitude
    -89.8085
    Latitude
    33.7712
    CBSA code
    24980
    CBSA name
    GRENADA, 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
    0
    $0.00
    $2,867
    $9,192
    $12,059
    -
    $19,110
    $61,280
    $80,390

    Comparable in this City

    • Value Estimation by Request
      3,820 SF

      67 Sunset Dr

      DRY CLEANER • 3,820 SF
      67 Sunset Dr, Grenada, MS 38901-4518
      View Details
    • Value Estimation by Request
      3,660 SF

      5445 Commerce St

      GARDEN CENTER, HOME IMPROVEMENT • 3,660 SF
      5445 Commerce St, Grenada, MS 38901-5159
      View Details
    • Value Estimation by Request
      7,290 SF

      Grenada, MS 38901

      LAUNDROMAT (SELF-SERVICE) • 7,290 SF
      Grenada, MS 38901
      View Details
    • Value Estimation by Request
      2,552 SF

      1172 Line St

      LAUNDROMAT (SELF-SERVICE) • 2,552 SF
      1172 Line St, Grenada, MS 38901-4239
      View Details
    • Value Estimation by Request
      1,958 SF

      1128 Fairground Rd

      LAUNDROMAT (SELF-SERVICE) • 1,958 SF
      1128 Fairground Rd, Grenada, MS 38901
      View Details
    • Value Estimation by Request
      1,883 SF

      Grenada, MS 38901

      DRY CLEANER • 1,883 SF
      Grenada, MS 38901
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
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      Retail property with high visibility and traffic, near Walmart.
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      165-acre commercial tract with high visibility and development potential.
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    Grenada, MS 38901-4604
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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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