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    Property profile & analytics

    403 Hwy 51st N Brookhaven, MS 39601-2350

    • Retail space
    • 4,506 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1641860
    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

    • Alfa Insurance - Barry Shedd Agency / Life Insurance Agency / Renter'S Insurance Agency

    Property Details for 403 Hwy 51st N

    Construction
    WOOD
    Lot size
    0.12 lot acres
    Property size
    4,506 SF
    Property type
    Retail space
    APN
    B77-12 -3 -051.
    APU
    B77123051

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brookhaven
    County
    Lincoln
    State
    Mississippi
    Longitude
    -90.4569
    Latitude
    31.5874
    CBSA code
    15020
    CBSA name
    BROOKHAVEN, 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
    2023
    $5,450
    $0.00
    $0.00
    $20,663
    -
    $37,600
    $100,150
    $137,750

    Comparable in this City

    • Value Estimation by Request
      0.54 Acres

      1223 Hwy 51st NE

      RETAIL STORES (PERSONAL SERVICES) • 0.54 Acres
      1223 Hwy 51st NE, Brookhaven, MS 39601-2008
      View Details
    • Value Estimation by Request
      0.11 Acres

      1235 Hwy 51st NE

      RETAIL STORES (PERSONAL SERVICES) • 0.11 Acres
      1235 Hwy 51st NE, Brookhaven, MS 39601-2008
      View Details
    • Value Estimation by Request
      0.21 Acres

      227 1st St

      RETAIL STORES (PERSONAL SERVICES) • 0.21 Acres
      227 1st St, Brookhaven, MS 39601-3021
      View Details
    • Value Estimation by Request
      2,694 SF

      623 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 2,694 SF
      623 2nd St, Brookhaven, MS 39601
      View Details
    • Value Estimation by Request
      960 SF

      1110 Un St

      RETAIL STORES (PERSONAL SERVICES) • 960 SF
      1110 Un St, Brookhaven, MS 39601-2345
      View Details
    • Value Estimation by Request
      3,557 SF

      1383 Un St NE Ext

      RETAIL STORES (PERSONAL SERVICES) • 3,557 SF
      1383 Un St NE Ext, Brookhaven, MS 39601-9666
      View Details

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    403 Hwy 51st N
    Brookhaven, MS 39601-2350
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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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