Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1308 Harrison Ave Mccomb, MS 39648-2830

    • Investment properties
    • 4,334 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US50-1354139
    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

    • McComb VA Outpatient Clinic / Medical Clinic / Veterans Hospital
    • Mr. Glenn Zeidman / Family Practice Physician

    Property Details for 1308 Harrison Ave

    Year built
    1995
    Property size
    4,334 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    551604-B
    APU
    551604B

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mccomb
    County
    Pike
    State
    Mississippi
    Longitude
    -90.4681
    Latitude
    31.2497
    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
    $8,828
    $0.00
    $0.00
    $50,002
    -
    $57,498
    $275,840
    $333,338

    Comparable in this City

    • Value Estimation by Request
      3,282 SF

      Hwy 44th E

      STORE/OFFICE (MIXED USE) • 3,282 SF
      Hwy 44th E, Mccomb, MS 39648
      View Details
    • Value Estimation by Request
      2,193 SF

      2073 Hwy 48th W

      STORE/OFFICE (MIXED USE) • 2,193 SF
      2073 Hwy 48th W, Mccomb, MS 39648-7592
      View Details
    • Value Estimation by Request
      488 SF

      4037 Hwy 51st Mm

      STORE/OFFICE (MIXED USE) • 488 SF
      4037 Hwy 51st Mm, Mccomb, MS 39648-9541
      View Details
    • Value Estimation by Request
      1,742 SF

      7057 Hwy 98th E

      STORE/OFFICE (MIXED USE) • 1,742 SF
      7057 Hwy 98th E, Mccomb, MS 39648-9102
      View Details
    • Value Estimation by Request
      3,625 SF

      900 Lasalle St

      STORE/OFFICE (MIXED USE) • 3,625 SF
      900 Lasalle St, Mccomb, MS 39648-5154
      View Details
    • Value Estimation by Request
      4,000 SF

      116 Locust St

      STORE/OFFICE (MIXED USE) • 4,000 SF
      116 Locust St, Mccomb, MS 39648-3520
      View Details

    Similar Nearby for Sale

    • $435,600
      1.00 Acre

      Prime McComb Commercial Land

      High-traffic 1-acre lot, I-55 access.
      98 Ms Hwy, Mccomb, MS 39648
      View Details
    • $32,500
      0.33 Acres

      Commercial Lot on Delaware Avenue

      Prime commercial lot in McComb, MS, suitable for various uses.
      635 Delaware Ave, McComb, MS 39648
      View Details
    • $215,000
      2,236 SF

      Updated Office Building in McComb

      Well-maintained commercial office building with eight offices and modern amenities.
      420 Delaware Ave, McComb, MS 39648
      View Details
    • $74,900
      1.18 Acres

      Undeveloped Land in McComb, MS

      1.18 acre parcel ideal for residential or commercial development.
      823 Edgar St, McComb, MS 39648
      View Details
    • New
      Contact for pricing
      1.00 Acre

      Acre Corner Lot in McComb

      Acre corner lot, build your dream home in McComb, MS.
      Shady Lane Dr, McComb, MS 39648
      View Details
    • $75,000
      0.69 Acres

      Commercial Land Near Interstate 55

      Commercial land with highway access and development potential.
      Parklane Rd, McComb, MS 39648
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      108,930 SF

      McComb Retail Center Investment

      Prime McComb retail space, 8 units available.
      1438 Delaware Ave, McComb, MS 39648
      View Details
    • $2,000 /Mo
      1,036 SF

      Professional Office Space Available

      Commercial office space for rent in McComb, Mississippi.
      299 Apache Dr, McComb, MS 39648
      View Details
    • $1,500 /Mo
      1,369 SF

      Downtown McComb Commercial Space

      Prime commercial space in downtown McComb with high visibility.
      103 N Broadway St, McComb, MS 39648
      View Details
    • Contact for pricing
      1,623 SF

      Retail Space in McComb, MS

      Retail space available for lease in McComb, Mississippi.
      1617 Delaware Ave, McComb, MS 39648
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1308 Harrison Ave
    Mccomb, MS 39648-2830
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.