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    Property profile & analytics

    1646 Old Hwy 61st N Tunica, MS 38676

    • Commercial real estate
    • 1,612 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-0717056
    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 1646 Old Hwy 61st N

    Year built
    1993
    Property size
    1,612 SF
    Property type
    Commercial real estate
    APN
    4119 32010 0014400
    APU
    4119320100014400

    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
    -90.3814
    Latitude
    34.6944
    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
    $791
    $1,404
    $4,051
    $5,455
    -
    $9,362
    $27,005
    $36,367

    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
      1,740 SF

      1645 Old Hwy 61st N

      COMMERCIAL (GENERAL) • 1,740 SF
      1645 Old Hwy 61st N, Tunica, MS 38676-9702
      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

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      Prime Commercial Land, Casino District
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      Tunica County Hunting & Conservation Land

      263-acre Tunica County hunting and conservation property for sale.
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    1646 Old Hwy 61st N
    Tunica, MS 38676
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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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