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    Property profile & analytics

    408 Main Ave Lumberton, MS 39455-2437

    • Retail space
    • 1,740 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-0549188
    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

    • Retail space

    Property Details for 408 Main Ave

    Year built
    1954
    Property size
    1,740 SF
    Property type
    Retail space
    APN
    077J-36-223.000
    APU
    077J36223000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lumberton
    County
    Lamar
    State
    Mississippi
    Longitude
    -89.4539
    Latitude
    31.0024
    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
    2023
    $851
    $0.00
    $0.00
    $4,884
    -
    $2,800
    $29,760
    $32,560

    Comparable in this City

    • Value Estimation by Request
      1,536 SF

      5614 Hwy 13

      RETAIL STORES (PERSONAL SERVICES) • 1,536 SF
      5614 Hwy 13, Lumberton, MS 39455-8674
      View Details
    • Value Estimation by Request
      1,561 SF

      5518 Hwy 13

      RETAIL STORES (PERSONAL SERVICES) • 1,561 SF
      5518 Hwy 13, Lumberton, MS 39455-9163
      View Details
    • Value Estimation by Request
      11,182 SF

      210 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 11,182 SF
      210 Main Ave, Lumberton, MS 39455-2528
      View Details
    • Value Estimation by Request
      6,303 SF

      300 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,303 SF
      300 Main Ave, Lumberton, MS 39455-2435
      View Details
    • Value Estimation by Request
      6,000 SF

      918 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      918 Main Ave, Lumberton, MS 39455-9620
      View Details
    • Value Estimation by Request
      4,293 SF

      7843 U S Hwy 11

      RETAIL STORES (PERSONAL SERVICES) • 4,293 SF
      7843 U S Hwy 11, Lumberton, MS 39455-2401
      View Details

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    408 Main Ave
    Lumberton, MS 39455-2437
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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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