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    Property profile & analytics

    1408 Hwy 15 Ellisville, MS 39437

    • Retail space
    • 984 SF
    • 1.15 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-0847478
    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

    • Retail space

    Property Details for 1408 Hwy 15

    Year built
    1950
    Construction
    WOOD
    Lot size
    1.15 lot acres
    Property size
    984 SF
    Property type
    Retail space
    APN
    089R-27-00-064.00
    APU
    089R270006400

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ellisville
    County
    Jones
    State
    Mississippi
    Longitude
    -89.0899
    Latitude
    31.6277
    CBSA code
    29860
    CBSA name
    LAUREL, 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
    $525
    $0.00
    $0.00
    $4,089
    -
    $11,500
    $15,760
    $27,260

    Comparable in this City

    • Value Estimation by Request
      1,440 SF

      811 Hl St

      RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
      811 Hl St, Ellisville, MS 39437
      View Details
    • Value Estimation by Request
      1,240 SF

      401 Hwy 11th N

      RETAIL STORES (PERSONAL SERVICES) • 1,240 SF
      401 Hwy 11th N, Ellisville, MS 39437-2232
      View Details
    • Value Estimation by Request
      3,050 SF

      24 Pool And Spa Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,050 SF
      24 Pool And Spa Rd, Ellisville, MS 39437-7215
      View Details
    • Value Estimation by Request
      3,600 SF

      Ellisville, MS 39437

      RETAIL STORES (PERSONAL SERVICES) • 3,600 SF
      Ellisville, MS 39437
      View Details
    • Value Estimation by Request
      2,400 SF

      2566 Hwy 588

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      2566 Hwy 588, Ellisville, MS 39437-8902
      View Details
    • Value Estimation by Request
      600 SF

      207 Laurel St

      RETAIL STORES (PERSONAL SERVICES) • 600 SF
      207 Laurel St, Ellisville, MS 39437
      View Details

    Similar Nearby for Sale

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      9,630 SF

      Historic Building in Downtown Ellisville

      9300+ sqft historic building with open floorplan and freight elevator.
      119 W Ivy St, Ellisville, MS 39437
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    • $499,000
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      Ellisville Convenience Store Opportunity

      Prime Retail Location, Owner/User
      5185 Us-11, Ellisville, MS 39437
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    • $250,000
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      Downtown Ellisville Two-Story Building

      Two-story building in downtown Ellisville with restaurant and office space.
      119 W Ivy St, Ellisville, MS 39437
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    • $200,000
      82,764 SF

      Restaurant Location Opportunity in Ellisville

      Restaurant location off Hwy 29 N with high car count.
      Bluebird Ln, Ellisville, MS 39437
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    • $250,000
      6,102 SF

      Downtown Ellisville Two-Story Building

      Two-story building in downtown Ellisville with restaurant and office space.
      109 W Ivy St, Ellisville, MS 39437
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    • $399,000
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      Ellisville Hwy 29 Business Opportunity

      High-traffic location, build your dream.
      Highway 29, Ellisville, MS 39437
      View Details
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    1408 Hwy 15
    Ellisville, MS 39437
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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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