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    Property profile & analytics

    5 3rd St Bay Springs, MS 39422-9792

    • Office buildings
    • 1,936 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1161441
    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

    • Alexander’s Furniture, Appliances, and Gift Shop / Furniture Store

    Property Details for 5 3rd St

    Year built
    1950
    Lot size
    0.06 lot acres
    Property size
    1,936 SF
    Property type
    Office buildings
    APN
    107E-28-B -040.00
    APU
    107E28B04000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bay Springs
    County
    Jasper
    State
    Mississippi
    Longitude
    -89.287
    Latitude
    31.9788
    CBSA code
    29860
    CBSA name
    LAUREL, 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
    $1,273
    $0.00
    $0.00
    $9,531
    -
    $6,500
    $57,040
    $63,540

    Comparable in this City

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      4,080 SF

      3376 Hwy 15

      OFFICE BUILDING • 4,080 SF
      3376 Hwy 15, Bay Springs, MS 39422
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      3,621 SF

      2568 Hwy 15

      OFFICE BUILDING • 3,621 SF
      2568 Hwy 15, Bay Springs, MS 39422
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      2,233 SF

      420 Hwy 18

      OFFICE BUILDING • 2,233 SF
      420 Hwy 18, Bay Springs, MS 39422-5115
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    • Value Estimation by Request
      2,271 SF

      6 2nd St

      OFFICE BUILDING • 2,271 SF
      6 2nd St, Bay Springs, MS 39422
      View Details

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    5 3rd St
    Bay Springs, MS 39422-9792
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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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