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    Property profile & analytics

    20840 Hwy 15 Falkner, MS 38629-9122

    • Office Properties & Spaces
    • 3,453 SF
    • 10.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-0897000
    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

    • Office Properties & Spaces

    Property Details for 20840 Hwy 15

    Year built
    1978
    Lot size
    10.21 lot acres
    Property size
    3,453 SF
    Property type
    Office Properties & Spaces
    APN
    6-133H-01-037.00
    APU
    6133H0103700

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Falkner
    County
    Tippah
    State
    Mississippi
    Longitude
    -88.9303
    Latitude
    34.8501

    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
    $7,456
    $0.00
    $0.00
    $53,311
    -
    $10,210
    $345,190
    $355,400

    Comparable in this City

    • Value Estimation by Request
      6,544 SF

      10150 County Rd 200

      OFFICE (GENERAL) • 6,544 SF
      10150 County Rd 200, Falkner, MS 38629-9707
      View Details
    • Value Estimation by Request
      2,440 SF

      Hwy 15

      OFFICE (GENERAL) • 2,440 SF
      Hwy 15, Falkner, MS 38629
      View Details
    • Value Estimation by Request
      17,082 SF

      Hwy 15

      OFFICE (GENERAL) • 17,082 SF
      Hwy 15, Falkner, MS 38629
      View Details
    • Value Estimation by Request
      3,010 SF

      18361 Hwy 15

      OFFICE (GENERAL) • 3,010 SF
      18361 Hwy 15, Falkner, MS 38629-9513
      View Details
    • Value Estimation by Request
      2,177 SF

      300 County Rd 240

      RETAIL STORES (PERSONAL SERVICES) • 2,177 SF
      300 County Rd 240, Falkner, MS 38629-9633
      View Details
    • Value Estimation by Request
      9,114 SF

      20790 Hwy 15

      RETAIL STORES (PERSONAL SERVICES) • 9,114 SF
      20790 Hwy 15, Falkner, MS 38629-9713
      View Details

    Similar Nearby for Sale

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      Mixed-Use Commercial Building in Falkner

      Mixed-use commercial property with living quarters and income-producing store.
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      Tippah County Land Opportunity

      14.5 acres in Tippah County, Mississippi, unrestricted development potential.
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      Land for Hunting Oasis

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    • $35,550
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      Residential Land in Benton County

      4.6-acre residential land near Highway 72 in Falkner, MS.
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    • $375,500
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      Falkner Commercial Building Investment

      Downtown Falkner: Multi-use brick building.
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    • New
      $35,750
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      14.5 acre property in Tippah County, MS for development.
      Crk 414, Falkner, MS 38629
      View Details
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    20840 Hwy 15
    Falkner, MS 38629-9122
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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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