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    Property profile & analytics

    5303 1st St Meridian, MS 39307-6662

    • Retail space
    • 824 SF
    • 0.70 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 01, 2021
    Location Intelligence
    Property ID
    US50-0527768
    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 5303 1st St

    Year built
    1961
    Construction
    WOOD
    Lot size
    0.70 lot acres
    Property size
    824 SF
    Property type
    Retail space
    APN
    76230416000100300
    APU
    76230416000100300

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.7318
    Latitude
    32.3559
    CBSA code
    32940
    CBSA name
    MERIDIAN, 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
    $1,119
    $0.00
    $0.00
    $6,294
    -
    $21,000
    $20,960
    $41,960

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      3001 Chandler Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      3001 Chandler Rd, Meridian, MS 39307-8001
      View Details
    • Value Estimation by Request
      3,150 SF

      2743 Vly Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,150 SF
      2743 Vly Rd, Meridian, MS 39307-9674
      View Details
    • Value Estimation by Request
      1,440 SF

      515 Hwy 19th N

      RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
      515 Hwy 19th N, Meridian, MS 39307-6348
      View Details
    • Value Estimation by Request
      1,184 SF

      4818 5th St

      RETAIL STORES (PERSONAL SERVICES) • 1,184 SF
      4818 5th St, Meridian, MS 39307-6327
      View Details
    • Value Estimation by Request
      7,000 SF

      4201 8th St

      RETAIL STORES (PERSONAL SERVICES) • 7,000 SF
      4201 8th St, Meridian, MS 39307-5950
      View Details
    • Value Estimation by Request
      1,203 SF

      6504 Hwy 80th W

      RETAIL STORES (PERSONAL SERVICES) • 1,203 SF
      6504 Hwy 80th W, Meridian, MS 39307
      View Details

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    Similar Nearby for Lease

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      College Park Shopping Center Investment

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      Retail Space in Meridian, MS

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    5303 1st St
    Meridian, MS 39307-6662
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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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