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    Property profile & analytics

    1512 3rd St Forest, MS 39074-4413

    • Motels
    • 3,378 SF
    • 1.19 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1289322
    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

    • Scott Motel / Motel / Hotel

    Property Details for 1512 3rd St

    Year built
    1966
    Lot size
    1.19 lot acres
    Property size
    3,378 SF
    Property type
    Motels
    APN
    3-086D-0006300- -08600
    APU
    3086D000630008600

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Forest
    County
    Scott
    State
    Mississippi
    Longitude
    -89.4478
    Latitude
    32.3627

    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
    $0.00
    $0.00
    $16,636
    -
    $19,680
    $91,220
    $110,900

    Comparable in this City

    • Value Estimation by Request
      7,124 SF

      1280 Hwy 35th S

      MOTEL • 7,124 SF
      1280 Hwy 35th S, Forest, MS 39074-8830
      View Details
    • Value Estimation by Request
      3,484 SF

      814 3rd St

      MOTEL • 3,484 SF
      814 3rd St, Forest, MS 39074-4007
      View Details
    • Value Estimation by Request
      10,030 SF

      1250 Hwy 35th S

      MOTEL • 10,030 SF
      1250 Hwy 35th S, Forest, MS 39074-8830
      View Details
    • Value Estimation by Request
      13,332 SF

      1275 Hwy 35th S

      MOTEL • 13,332 SF
      1275 Hwy 35th S, Forest, MS 39074-8830
      View Details
    • Value Estimation by Request
      0.50 Acres

      Hillsboro-ludlow Rd

      VACANT COMMERCIAL LAND • 0.50 Acres
      Hillsboro-ludlow Rd, Forest, MS 39074
      View Details
    • Value Estimation by Request
      0.42 Acres

      Forest, MS 39074

      VACANT COMMERCIAL LAND • 0.42 Acres
      Forest, MS 39074
      View Details

    Similar Nearby for Sale

    • $275,000
      42.00 Acres

      Highway Frontage Land with Potential

      42 acres with highway frontage near Forest, MS.
      Ms-35, Forest, MS 39074
      View Details
    • $250,000
      20.00 Acres

      Cleared Land Right off Hwy

      20 acres of cleared land located right of Hwy 35.
      Fountain Dr, Forest, MS 39074
      View Details
    • $124,900
      38.00 Acres

      Vacant Land in Scott County

      38-acre recreational retreat with homestead potential in Scott County, Mississippi.
      - Calhoun Ln, Forest, MS 39074
      View Details
    • $800,000
      41,830 SF

      1 Midway Odom Rd. Rd, Forest, MS 39074

      Commercial real estate • 41,830 SF
      1 Midway Odom Rd. Rd, Forest, MS 39074
      View Details
    • $500,000
      7,500 SF

      Industrial Flex Building on Highway

      Industrial flex building with showroom, office, and warehouse space.
      1039 Highway 35 S, Forest, MS 39074
      View Details
    • $150,000
      6.00 Acres

      Commercial Land on Highway 80

      Commercial acreage on Highway 80, ideal for industrial development.
      Hwy 80 Hwy, Forest, MS 39074
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      65,551 SF

      Forest Commons Retail Space

      Mississippi Retail Space For Lease
      939 Highway 35, Forest, MS 39074
      View Details
    • Contact for pricing
      3,200 SF

      Retail Space in Walmart Shadow

      Retail space available in Walmart shadow center with anchor tenants.
      1303 Highway 35, Forest, MS 39074
      View Details
    • Contact for pricing
      19,700 SF

      Former Grocery Store in Forest

      19,700 SF retail space available for lease or sale.
      E Third St, Forest, MS 39074
      View Details
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    1512 3rd St
    Forest, MS 39074-4413
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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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