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    Property profile & analytics

    2540 Hwy 51st N Nesbit, MS 38651-9442

    • Turn key restaurants
    • 984 SF
    • 1.85 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 09, 2022
    Location Intelligence
    Property ID
    US50-0107165
    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

    • Waggoner Engineering / Engineering Consultant
    • Walker Brown & Brown: Brown Mary Lee Wa / Attorney
    • Walker, Brown & Brown, P.A. / Law Firm
    • William H Polk & Co / Accountant

    Property Details for 2540 Hwy 51st N

    Year built
    1967
    Lot size
    1.85 lot acres
    Property size
    984 SF
    Zone code
    A-R
    Property type
    Turn key restaurants
    APN
    2-08-6-24-00-0-00009-00
    APU
    2086240000000900

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nesbit
    County
    Desoto
    State
    Mississippi
    Longitude
    -89.9962
    Latitude
    34.8976
    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
    $928
    $0.00
    $0.00
    $6,686
    -
    $17,600
    $40,818
    $58,418

    Comparable in this City

    • Value Estimation by Request
      1,008 SF

      1335 Gwynn Rd

      MINI-MALL • 1,008 SF
      1335 Gwynn Rd, Nesbit, MS 38651-8454
      View Details
    • Value Estimation by Request
      1,676 SF

      1223 Star Lndg Rd

      MINI-MALL • 1,676 SF
      1223 Star Lndg Rd, Nesbit, MS 38651-8906
      View Details
    • Value Estimation by Request
      1,600 SF

      4647 Days Rd

      MINI-MALL • 1,600 SF
      4647 Days Rd, Nesbit, MS 38651-9615
      View Details
    • Value Estimation by Request
      3,500 SF

      434 Nesbit Rd

      MINI-MALL • 3,500 SF
      434 Nesbit Rd, Nesbit, MS 38651-8923
      View Details
    • Value Estimation by Request
      4,080 SF

      225 Motor Scooter Dr

      MINI-MALL • 4,080 SF
      225 Motor Scooter Dr, Nesbit, MS 38651-9229
      View Details
    • Value Estimation by Request
      10,000 SF

      135th Motor Scooter Dr

      MINI-MALL • 10,000 SF
      135th Motor Scooter Dr, Nesbit, MS 38651-9085
      View Details

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    Nesbit, MS 38651-9442
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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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