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    Property profile & analytics

    403 Commerce St Ripley, MS 38663-2408

    • Office Properties & Spaces
    • 1,997 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1018457
    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 403 Commerce St

    Year built
    1958
    Lot size
    0.10 lot acres
    Property size
    1,997 SF
    Property type
    Office Properties & Spaces
    APN
    3-643L-23-056.00
    APU
    3643L2305600

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ripley
    County
    Tippah
    State
    Mississippi
    Longitude
    -88.948
    Latitude
    34.728

    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
    $1,250
    $0.00
    $0.00
    $8,402
    -
    $2,730
    $53,280
    $56,010

    Comparable in this City

    • Value Estimation by Request
      2,755 SF

      101 Main St

      OFFICE (GENERAL) • 2,755 SF
      101 Main St, Ripley, MS 38663-2025
      View Details
    • Value Estimation by Request
      1,305 SF

      220 Walnut St

      OFFICE (GENERAL) • 1,305 SF
      220 Walnut St, Ripley, MS 38663-2054
      View Details
    • Value Estimation by Request
      527 SF

      2009 City N Ave

      OFFICE (GENERAL) • 527 SF
      2009 City N Ave, Ripley, MS 38663-1117
      View Details
    • Value Estimation by Request
      798 SF

      1817 City N Ave

      OFFICE (GENERAL) • 798 SF
      1817 City N Ave, Ripley, MS 38663-1153
      View Details
    • Value Estimation by Request
      3,230 SF

      107 Dumas Rd

      OFFICE (GENERAL) • 3,230 SF
      107 Dumas Rd, Ripley, MS 38663-7871
      View Details
    • Value Estimation by Request
      368 SF

      Hwy 15

      OFFICE (GENERAL) • 368 SF
      Hwy 15, Ripley, MS 38663
      View Details

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    403 Commerce St
    Ripley, MS 38663-2408
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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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