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    Property profile & analytics

    42500 County Rd 507 Itta Bena, MS 38941-2392

    • Retail space
    • 1,380 SF
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US50-1605861
    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 42500 County Rd 507

    Year built
    1992
    Property size
    1,380 SF
    Property type
    Retail space
    APN
    9618000100100
    APU
    9618000100100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Itta Bena
    County
    Leflore
    State
    Mississippi
    Longitude
    -90.3384
    Latitude
    33.5055
    CBSA code
    24900
    CBSA name
    GREENWOOD, 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
    $1,451
    $1,444
    $6,818
    $8,262
    -
    $9,626
    $45,453
    $55,079

    Comparable in this City

    • Value Estimation by Request
      2,211 SF

      121 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 2,211 SF
      121 Frnt St, Itta Bena, MS 38941-2808
      View Details
    • Value Estimation by Request
      4,643 SF

      108 Humphreys St

      RETAIL STORES (PERSONAL SERVICES) • 4,643 SF
      108 Humphreys St, Itta Bena, MS 38941-2004
      View Details
    • Value Estimation by Request
      5,423 SF

      219 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 5,423 SF
      219 Frnt St, Itta Bena, MS 38941-2810
      View Details
    • Value Estimation by Request
      2,035 SF

      201 Basket St

      RETAIL STORES (PERSONAL SERVICES) • 2,035 SF
      201 Basket St, Itta Bena, MS 38941-2803
      View Details
    • Value Estimation by Request
      3,510 SF

      609 Martin Luther King Jr Dr

      RETAIL STORES (PERSONAL SERVICES) • 3,510 SF
      609 Martin Luther King Jr Dr, Itta Bena, MS 38941-2500
      View Details
    • Value Estimation by Request
      4,864 SF

      118 Humphreys St

      RETAIL STORES (PERSONAL SERVICES) • 4,864 SF
      118 Humphreys St, Itta Bena, MS 38941-2004
      View Details

    Similar Nearby for Sale

    • $101,400
      31.20 Acres

      Productive Land in Itta Bena

      31.2 acres with income and development potential near Highway.
      Cr 514, Itta Bena, MS 38941
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    • New
      Contact for pricing
      2.00 Acres

      Lakefront Land in Itta Bena

      Two parcels on Roebuck Lake with utilities available.
      Lakeshore St, Itta Bena, MS 38941
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    • Contact for pricing

      Residential Lots Ready to Build

      Four residential lots available for building in Itta Bena.
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    42500 County Rd 507
    Itta Bena, MS 38941-2392
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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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