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    Property profile & analytics

    306 Bay Ave Richton, MS 39476

    • Medical offices
    • 4,094 SF
    • 1.30 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1608136
    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

    • Medical offices

    Property Details for 306 Bay Ave

    Year built
    1995
    Lot size
    1.30 lot acres
    Property size
    4,094 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    049C-31-163.000
    APU
    049C31163000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richton
    County
    Perry
    State
    Mississippi
    Longitude
    -88.9388
    Latitude
    31.3465
    CBSA code
    25620
    CBSA name
    HATTIESBURG, MS 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
    2022
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $3,900
    $196,510
    $200,410

    Comparable in this City

    • Value Estimation by Request
      0.80 Acres

      204 Bay Ave

      MEDICAL BUILDING • 0.80 Acres
      204 Bay Ave, Richton, MS 39476-2941
      View Details
    • Value Estimation by Request
      0.70 Acres

      206 Bay Ave

      MEDICAL BUILDING • 0.70 Acres
      206 Bay Ave, Richton, MS 39476-2941
      View Details
    • Value Estimation by Request
      6,000 SF

      607 Crepe Myrtle St

      MEDICAL BUILDING • 6,000 SF
      607 Crepe Myrtle St, Richton, MS 39476
      View Details
    • Value Estimation by Request
      6,000 SF

      Hwy 15th N

      MEDICAL BUILDING • 6,000 SF
      Hwy 15th N, Richton, MS 39476
      View Details
    • Value Estimation by Request
      19,543 SF

      206 Bay Ave

      HOMES (RETIRED, NURSING) • 19,543 SF
      206 Bay Ave, Richton, MS 39476-2941
      View Details
    • Value Estimation by Request
      3,432 SF

      702 Frnt St

      OFFICE BUILDING • 3,432 SF
      702 Frnt St, Richton, MS 39476-9356
      View Details

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    306 Bay Ave
    Richton, MS 39476
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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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