Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    1645 Old Hwy 61st N Tunica, MS 38676-9702

    • Commercial real estate
    • 1,740 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-0638449
    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

    • Commercial real estate

    Property Details for 1645 Old Hwy 61st N

    Year built
    1960
    Lot size
    1.50 lot acres
    Property size
    1,740 SF
    Property type
    Commercial real estate
    APN
    5113 05000 0001801
    APU
    5113050000001801

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tunica
    County
    Tunica
    State
    Mississippi
    Longitude
    -90.3843
    Latitude
    34.6752
    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
    $259
    $675
    $1,472
    $2,147
    -
    $4,500
    $9,814
    $14,314

    Comparable in this City

    • Value Estimation by Request
      3,200 SF

      1688 Old Hwy 61st N

      COMMERCIAL (GENERAL) • 3,200 SF
      1688 Old Hwy 61st N, Tunica, MS 38676-9702
      View Details
    • Value Estimation by Request
      1,612 SF

      1646 Old Hwy 61st N

      COMMERCIAL (GENERAL) • 1,612 SF
      1646 Old Hwy 61st N, Tunica, MS 38676
      View Details
    • Value Estimation by Request
      1,680 SF

      Tunica, MS 38676

      COMMERCIAL (GENERAL) • 1,680 SF
      Tunica, MS 38676
      View Details
    • Value Estimation by Request
      4,320 SF

      1035 Kestevan Aly

      COMMERCIAL (GENERAL) • 4,320 SF
      1035 Kestevan Aly, Tunica, MS 38676
      View Details
    • Value Estimation by Request
      1,669 SF

      2024 Hwy 61st N

      COMMERCIAL (GENERAL) • 1,669 SF
      2024 Hwy 61st N, Tunica, MS 38676-9397
      View Details
    • Value Estimation by Request
      4,355 SF

      Hwy 61st N

      COMMERCIAL (GENERAL) • 4,355 SF
      Hwy 61st N, Tunica, MS 38676
      View Details

    Similar Nearby for Sale

    • $289,900
      1.40 Acres

      Tunica Corner Lot - Hwy 61

      Prime Commercial Land, Casino District
      0 Us-61, Tunica, MS 38676
      View Details
    • $867,900
      263.00 Acres

      Tunica County Hunting & Conservation Land

      263-acre Tunica County hunting and conservation property for sale.
      Counce Rd, Tunica, MS 38676
      View Details
    • $490,000
      4,000 SF

      Downtown Tunica Corner Lot Office

      Well-maintained office space with versatile multi-use area.
      987 Harris St, Tunica, MS 38676
      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.
    1645 Old Hwy 61st N
    Tunica, MS 38676-9702
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    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.