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    Property profile & analytics

    505 Main St Picayune, MS 39466-4419

    • Retail space
    • 2,760 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 20, 2022
    Location Intelligence
    Property ID
    US50-0549050
    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 Main St

    Year built
    1982
    Lot size
    0.57 lot acres
    Property size
    2,760 SF
    Property type
    Retail space
    APN
    6175150040200800
    APU
    6175150040200800

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Picayune
    County
    Pearl River
    State
    Mississippi
    Longitude
    -89.6826
    Latitude
    30.5203
    CBSA code
    38100
    CBSA name
    PICAYUNE, 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
    $6,486
    $0.00
    $0.00
    $39,056
    -
    $53,000
    $207,370
    $260,370

    Comparable in this City

    • Value Estimation by Request
      1.32 Acres

      Alex Pl

      RETAIL STORES (PERSONAL SERVICES) • 1.32 Acres
      Alex Pl, Picayune, MS 39466
      View Details
    • Value Estimation by Request
      6,200 SF

      2416 Hwy 43rd S

      STORE, RETAIL OUTLET • 6,200 SF
      2416 Hwy 43rd S, Picayune, MS 39466-7415
      View Details
    • Value Estimation by Request
      15,606 SF

      416 Memorial Blvd

      RETAIL STORES (PERSONAL SERVICES) • 15,606 SF
      416 Memorial Blvd, Picayune, MS 39466-5544
      View Details
    • Value Estimation by Request
      6,033 SF

      916 Palestine Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,033 SF
      916 Palestine Rd, Picayune, MS 39466-4318
      View Details
    • Value Estimation by Request
      1,426 SF

      11 Hwy At 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 1,426 SF
      11 Hwy At 2nd St, Picayune, MS 39466
      View Details
    • Value Estimation by Request
      4,000 SF

      320 Tate St

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      320 Tate St, Picayune, MS 39466-4562
      View Details

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    Similar Nearby for Lease

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      Pine Tree Plaza: Retail Opportunity

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    • $15 SF/Yr
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    505 Main St
    Picayune, MS 39466-4419
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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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