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    Property profile & analytics

    506 1st St Brookhaven, MS 39601-3814

    • Retail space
    • 2,655 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1579474
    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 506 1st St

    Year built
    1950
    Lot size
    0.31 lot acres
    Property size
    2,655 SF
    Property type
    Retail space
    APN
    B87-18 -3 -264.
    APU
    B87183264

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brookhaven
    County
    Lincoln
    State
    Mississippi
    Longitude
    -90.443
    Latitude
    31.5738
    CBSA code
    15020
    CBSA name
    BROOKHAVEN, 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
    $0.00
    $0.00
    $0.00
    $9,917
    -
    $9,680
    $56,430
    $66,110

    Comparable in this City

    • Value Estimation by Request

      Brookhaven, MS 39601

      RETAIL STORES (PERSONAL SERVICES)
      Brookhaven, MS 39601
      View Details
    • Value Estimation by Request
      6.30 Acres

      Brookhaven, MS 39601

      RETAIL STORES (PERSONAL SERVICES) • 6.30 Acres
      Brookhaven, MS 39601
      View Details
    • Value Estimation by Request
      0.17 Acres

      595 Beauregard St

      RETAIL STORES (PERSONAL SERVICES) • 0.17 Acres
      595 Beauregard St, Brookhaven, MS 39601-4301
      View Details
    • Value Estimation by Request
      0.40 Acres

      1604 Heucks Retreat NE Rd

      RETAIL STORES (PERSONAL SERVICES) • 0.40 Acres
      1604 Heucks Retreat NE Rd, Brookhaven, MS 39601-9547
      View Details
    • Value Estimation by Request
      0.46 Acres

      955 Old Hwy 51st NE

      RETAIL STORES (PERSONAL SERVICES) • 0.46 Acres
      955 Old Hwy 51st NE, Brookhaven, MS 39601-9500
      View Details
    • Value Estimation by Request
      10.00 Acres

      Old Hwy 51st NE

      RETAIL STORES (PERSONAL SERVICES) • 10.00 Acres
      Old Hwy 51st NE, Brookhaven, MS 39601
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      2,667 SF

      Brookhaven Retail Space Available

      Retail space available for lease in Brookhaven, Mississippi.
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      View Details
    • $2,500 /Mo
      1,300 SF

      Renovated Medical Clinic Ready-to-Use

      Modern, updated medical space with patient rooms and dedicated lab.
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      View Details
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    506 1st St
    Brookhaven, MS 39601-3814
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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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