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    Property profile & analytics

    451 Decatur St Marion, MS 39342

    • Retail space
    • 3,200 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1901052
    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 451 Decatur St

    Year built
    2015
    Construction
    STEEL FRAME
    Lot size
    1.00 lot acres
    Property size
    3,200 SF
    Property type
    Retail space
    APN
    138273000000001312
    APU
    138273000000001312

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.656
    Latitude
    32.4166
    CBSA code
    32940
    CBSA name
    MERIDIAN, 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
    $2,558
    $0.00
    $0.00
    $17,153
    -
    $20,000
    $94,350
    $114,350

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      6085 Dl Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      6085 Dl Dr, Marion, MS 39342-9467
      View Details
    • Value Estimation by Request
      1,144 SF

      5161 Dl Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,144 SF
      5161 Dl Dr, Marion, MS 39342-9611
      View Details
    • Value Estimation by Request
      6,509 SF

      5586 Dl Dr

      RETAIL STORES (PERSONAL SERVICES) • 6,509 SF
      5586 Dl Dr, Marion, MS 39342-9607
      View Details
    • Value Estimation by Request
      2,490 SF

      5850 Dl Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,490 SF
      5850 Dl Dr, Marion, MS 39342-9605
      View Details
    • Value Estimation by Request
      3,234 SF

      5200 Dl Dr

      RETAIL STORES (PERSONAL SERVICES) • 3,234 SF
      5200 Dl Dr, Marion, MS 39342-9612
      View Details
    • Value Estimation by Request
      8,320 SF

      5321 Dl Dr

      RETAIL STORES (PERSONAL SERVICES) • 8,320 SF
      5321 Dl Dr, Marion, MS 39342-9710
      View Details
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    451 Decatur St
    Marion, MS 39342
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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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