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    Property profile & analytics

    505 Hwy 61st S Shaw, MS 38773-9423

    • Retail space
    • 1,696 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1260668
    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 505 Hwy 61st S

    Property size
    1,696 SF
    Property type
    Retail space
    APN
    30-01-020-03-01100-
    APU
    30010200301100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shaw
    County
    Bolivar
    State
    Mississippi
    Longitude
    -90.7658
    Latitude
    33.6073
    CBSA code
    17380
    CBSA name
    CLEVELAND, 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
    0
    $0.00
    $0.00
    $0.00
    $3,771
    -
    $4,500
    $20,640
    $25,140

    Comparable in this City

    • Value Estimation by Request

      120 Peeler

      RETAIL STORES (PERSONAL SERVICES)
      120 Peeler, Shaw, MS 38773
      View Details
    • Value Estimation by Request
      10,742 SF

      Jennings State Hwy 61

      RETAIL STORES (PERSONAL SERVICES) • 10,742 SF
      Jennings State Hwy 61, Shaw, MS 38773
      View Details
    • Value Estimation by Request
      13,125 SF

      Dean Blvd Us S

      RETAIL STORES (PERSONAL SERVICES) • 13,125 SF
      Dean Blvd Us S, Shaw, MS 38773
      View Details
    • Value Estimation by Request
      14,447 SF

      2612 Hwy 448

      RETAIL STORES (PERSONAL SERVICES) • 14,447 SF
      2612 Hwy 448, Shaw, MS 38773-9774
      View Details
    • Value Estimation by Request
      3,400 SF

      136 Peeler

      RETAIL STORES (PERSONAL SERVICES) • 3,400 SF
      136 Peeler, Shaw, MS 38773
      View Details
    • Value Estimation by Request
      2,621 SF

      149 Peeler Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,621 SF
      149 Peeler Ave, Shaw, MS 38773
      View Details

    Similar Nearby for Sale

    • $200,000

      Sunflower County CRP Land For Sale

      50.5 acres of CRP land with camp house.
      Fox Rd, Shaw, MS 38773
      View Details
    • $132,000
      40.00 Acres

      Shaw, MS Hunting Land

      40+/- acre hunting land near Cleveland, Mississippi.
      Sawmill Rd, Shaw, MS 38773
      View Details
    • $287,750
      50.50 Acres

      Prime 50.5-Acre Commercial Land

      Hunters' paradise; income-producing CRP land.
      0 50.5 Acres With A Home In Sunflower County On Fox Rd, Shaw, MS 38773
      View Details
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    505 Hwy 61st S
    Shaw, MS 38773-9423
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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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