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    Property profile & analytics

    511 3rd St Forest, MS 39074-4188

    • Retail space
    • 11,200 SF
    • 1.40 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1334916
    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

    • Home Hardware Center / Hardware Store / Building Materials Store
    • Home Hardware / Hardware Store

    Property Details for 511 3rd St

    Year built
    1960
    Lot size
    1.40 lot acres
    Property size
    11,200 SF
    Property type
    Retail space
    APN
    3-085C-0006500- -03200
    APU
    3085C000650003200

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Forest
    County
    Scott
    State
    Mississippi
    Longitude
    -89.4795
    Latitude
    32.3638

    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
    $79,805
    -
    $137,250
    $394,780
    $532,030

    Comparable in this City

    • Value Estimation by Request
      0.11 Acres

      Forest, MS 39074

      RETAIL STORES (PERSONAL SERVICES) • 0.11 Acres
      Forest, MS 39074
      View Details
    • Value Estimation by Request

      Forest, MS 39074

      RETAIL STORES (PERSONAL SERVICES)
      Forest, MS 39074
      View Details
    • Value Estimation by Request
      48.60 Acres

      Hwy 35

      RETAIL STORES (PERSONAL SERVICES) • 48.60 Acres
      Hwy 35, Forest, MS 39074
      View Details
    • Value Estimation by Request
      12.50 Acres

      Hwy 80

      RETAIL STORES (PERSONAL SERVICES) • 12.50 Acres
      Hwy 80, Forest, MS 39074
      View Details
    • Value Estimation by Request
      1,000 SF

      Forest, MS 39074

      RETAIL STORES (PERSONAL SERVICES) • 1,000 SF
      Forest, MS 39074
      View Details
    • Value Estimation by Request
      1,232 SF

      Forest, MS 39074

      RETAIL STORES (PERSONAL SERVICES) • 1,232 SF
      Forest, MS 39074
      View Details

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      Industrial Flex Building on Highway

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      Commercial acreage on Highway 80, ideal for industrial development.
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    Similar Nearby for Lease

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      19,700 SF

      Former Grocery Store in Forest

      19,700 SF retail space available for lease or sale.
      E Third St, Forest, MS 39074
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      3,200 SF

      Retail Space in Walmart Shadow

      Retail space available in Walmart shadow center with anchor tenants.
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      Forest Commons Retail Space

      Mississippi Retail Space For Lease
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    511 3rd St
    Forest, MS 39074-4188
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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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