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    Property profile & analytics

    203 Hwy 51st N Batesville, MS 38606

    • Retail space
    • 6,258 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Location Intelligence
    Property ID
    US50-1655499
    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 203 Hwy 51st N

    Year built
    1962
    Lot size
    0.23 lot acres
    Property size
    6,258 SF
    Property type
    Retail space
    APN
    3182N0004800 0001200
    APU
    3182N00048000001200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Batesville
    County
    Panola
    State
    Mississippi
    Longitude
    -89.9442
    Latitude
    34.3145

    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
    $4,159
    $1,692
    $23,251
    $24,943
    -
    $11,280
    $155,007
    $166,287

    Comparable in this City

    • Value Estimation by Request
      1,740 SF

      1384 Sardis Lk Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,740 SF
      1384 Sardis Lk Dr, Batesville, MS 38606-6430
      View Details
    • Value Estimation by Request
      1,397 SF

      115 Van Voris St

      RETAIL STORES (PERSONAL SERVICES) • 1,397 SF
      115 Van Voris St, Batesville, MS 38606-2198
      View Details
    • Value Estimation by Request
      2,015 SF

      111 Van Voris St

      RETAIL STORES (PERSONAL SERVICES) • 2,015 SF
      111 Van Voris St, Batesville, MS 38606-2198
      View Details
    • Value Estimation by Request
      54,507 SF

      Batesville, MS 38606

      RETAIL STORES (PERSONAL SERVICES) • 54,507 SF
      Batesville, MS 38606
      View Details
    • Value Estimation by Request
      288 SF

      Batesville, MS 38606

      RETAIL STORES (PERSONAL SERVICES) • 288 SF
      Batesville, MS 38606
      View Details
    • Value Estimation by Request
      1,588 SF

      Hwy 6th W

      RETAIL STORES (PERSONAL SERVICES) • 1,588 SF
      Hwy 6th W, Batesville, MS 38606
      View Details

    Similar Nearby for Sale

    • $149,000
      3,200 SF

      Retail Building in Batesville, MS

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      231 Vance St, Batesville, MS 38606
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    • $149,000
      3,200 SF

      Batesville Commercial Building For Sale

      3,200 sq ft commercial building in the heart of Batesville.
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    • Contact for pricing
      1,650 SF

      Retail Space in Batesville, MS

      Versatile 1,650 sq ft retail space in high-traffic location.
      434/436 Highway 6, Batesville, MS 38606
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    • $146,000
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      Batesville Town Square Commercial Property

      Well-maintained commercial property in the heart of Batesville, Mississippi.
      115 Public Sq, Batesville, MS 38606
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    • $359,000
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      Versatile Commercial Building on Large Lot

      2,400 sq ft commercial building on 0.70 acres.
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    • $89,000
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      Batesville Commercial Building For Sale

      Historic 1927 sqft commercial building near Batesville Town Square.
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    Similar Nearby for Lease

    • $3,355 /Mo
      1,650 SF

      Versatile Retail Space in Batesville

      1,650 sq ft retail space with high visibility.
      434 Highway 6, Batesville, MS 38606
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space in Batesville, MS

      3,000 SF retail space available for rent.
      110 Keating Rd, Batesville, MS 38606
      View Details
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    203 Hwy 51st N
    Batesville, MS 38606
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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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