Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    401 2nd Ave Shelby, MS 38774

    • Office buildings
    • 2,354 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1748407
    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 buildings

    Property Details for 401 2nd Ave

    Year built
    1920
    Property size
    2,354 SF
    Property type
    Office buildings
    APN
    38-12-035-19-00101-
    APU
    38120351900101

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shelby
    County
    Bolivar
    State
    Mississippi
    Longitude
    -90.7667
    Latitude
    33.9513
    CBSA code
    17380
    CBSA name
    CLEVELAND, MS MICROPOLITAN 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
    0
    $0.00
    $0.00
    $0.00
    $10,863
    -
    $4,220
    $68,200
    $72,420

    Comparable in this City

    • Value Estimation by Request

      Railroad St

      OFFICE BUILDING
      Railroad St, Shelby, MS 38774
      View Details
    • Value Estimation by Request
      5,700 SF

      1209 Broadway St

      OFFICE BUILDING • 5,700 SF
      1209 Broadway St, Shelby, MS 38774
      View Details
    • Value Estimation by Request
      1,392 SF

      1003 Broadway St

      OFFICE BUILDING • 1,392 SF
      1003 Broadway St, Shelby, MS 38774
      View Details
    • Value Estimation by Request
      1,830 SF

      Hwy 61

      OFFICE BUILDING • 1,830 SF
      Hwy 61, Shelby, MS 38774
      View Details
    • Value Estimation by Request
      7,493 SF

      1st St

      OFFICE BUILDING • 7,493 SF
      1st St, Shelby, MS 38774
      View Details
    • Value Estimation by Request
      3,235 SF

      904 Lk St

      OFFICE BUILDING • 3,235 SF
      904 Lk St, Shelby, MS 38774
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    401 2nd Ave
    Shelby, MS 38774
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.