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    Property profile & analytics

    140 Commerce St Hernando, MS 38632-2302

    • Office Properties & Spaces
    • 4,426 SF
    • 1.59 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 04, 2023
    Location Intelligence
    Property ID
    US50-0115976
    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

    • Donaldson Christian Counseling / Counselor
    • Remedy Soul Care, PLLC / Counselor
    • Fifth Circle Creative / Advertising Agency
    • Daly • Kirk, PLLC / Legal Services

    Property Details for 140 Commerce St

    Construction
    CONCRETE BLOCKS
    Lot size
    1.59 lot acres
    Property size
    4,426 SF
    Zone code
    C-2
    Property type
    Office Properties & Spaces
    APN
    3-07-4-18-00-2-00056-00
    APU
    3074180020005600

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hernando
    County
    Desoto
    State
    Mississippi
    Longitude
    -89.987
    Latitude
    34.8241
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN 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
    $6,421
    $0.00
    $0.00
    $46,278
    -
    $30,000
    $278,518
    $308,518

    Comparable in this City

    • Value Estimation by Request
      2,428 SF

      Hernando, MS 38632

      OFFICE (GENERAL) • 2,428 SF
      Hernando, MS 38632
      View Details
    • Value Estimation by Request
      2,290 SF

      Hernando, MS 38632

      OFFICE (GENERAL) • 2,290 SF
      Hernando, MS 38632
      View Details
    • Value Estimation by Request
      2,484 SF

      3055 Industrial W Dr

      OFFICE (GENERAL) • 2,484 SF
      3055 Industrial W Dr, Hernando, MS 38632-2419
      View Details
    • Value Estimation by Request
      3,089 SF

      2007 Oak Tree Cv

      OFFICE (GENERAL) • 3,089 SF
      2007 Oak Tree Cv, Hernando, MS 38632-1198
      View Details
    • Value Estimation by Request

      2555 Caffey St

      Office space
      2555 Caffey St, Hernando, MS 38632
      View Details
    • Value Estimation by Request
      2,627 SF

      2260 Hwy 51st S

      OFFICE (GENERAL) • 2,627 SF
      2260 Hwy 51st S, Hernando, MS 38632-1737
      View Details

    Similar Nearby for Sale

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      Land For Sale Hernando

      Land available for sale in Hernando, Mississippi.
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    • $185,000
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      Waterfront lot in a great location with architectural requirements.
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      Secluded Land Near Arkabutla Lake

      83.56 acres of surveyed land near Hernando, Mississippi.
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      Woodland Lake Land Opportunity

      Nearly one-acre lot with lake frontage in Woodland Lake.
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    Similar Nearby for Lease

    • $33 SF/Yr
      540 SF

      Hernando Square Executive Office Suites

      Prestigious Hernando, MS office space available.
      2555 Caffey St, Hernando, MS 38632
      View Details
    • $21 SF/Yr
      1,050 SF

      Hernando Office Space For Rent

      Office space available in Hernando, Mississippi, approximately 1,050 square feet.
      2575 Caffey St, Hernando, MS 38632
      View Details
    • $11 SF/Yr
      2,524 SF

      Modern Office Space Available

      Efficient office spaces with utilities included and ample parking.
      2018 Mcingvale Rd, Hernando, MS 38632
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    • $20 SF/Yr
      4,608 SF

      Hernando Medical Office Space

      Medical office space in the heart of Hernando.
      124 W Commerce St, Hernando, MS 38632
      View Details
    • Contact for pricing

      Retail Center in Hernando, Mississippi

      Retail spaces available for lease in new shopping center.
      Mcingvale Rd And Monteith Ave, Hernando, MS 38632
      View Details
    • Contact for pricing

      Retail Space Near Interstate 55

      Retail space available near Interstate 55 in Hernando, Mississippi.
      12 East Commerce St, Hernando, MS 38632
      View Details
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    140 Commerce St
    Hernando, MS 38632-2302
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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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