Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    534 Commerce St Hernando, MS 38632-2406

    • Banks
    • 6,720 SF
    • 1.39 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 31, 2020
    Location Intelligence
    Property ID
    US50-0247685
    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

    • Trustmark Mortgage / Mortgage Lender
    • Trustmark / Bank / Atm

    Property Details for 534 Commerce St

    Year built
    2022
    Construction
    BRICK
    Lot size
    1.39 lot acres
    Property size
    6,720 SF
    Zone code
    C-2
    Property type
    Banks
    APN
    3-07-4-18-21-1-00001-00
    APU
    3074182110000100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hernando
    County
    Desoto
    State
    Mississippi
    Longitude
    -89.98
    Latitude
    34.8245
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN 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
    $31,204
    $0.00
    $0.00
    $224,912
    -
    $609,840
    $889,576
    $1,499,416

    Comparable in this City

    • Value Estimation by Request
      5,031 SF

      1035 Mcingvale Rd

      FINANCIAL BUILDING • 5,031 SF
      1035 Mcingvale Rd, Hernando, MS 38632-8971
      View Details
    • Value Estimation by Request
      7,818 SF

      985 Commerce St

      FINANCIAL BUILDING • 7,818 SF
      985 Commerce St, Hernando, MS 38632-2409
      View Details
    • Value Estimation by Request
      5,862 SF

      1025 Commerce St

      FINANCIAL BUILDING • 5,862 SF
      1025 Commerce St, Hernando, MS 38632-1565
      View Details
    • Value Estimation by Request
      5,109 SF

      500 Commerce St

      FINANCIAL BUILDING • 5,109 SF
      500 Commerce St, Hernando, MS 38632-2404
      View Details
    • Value Estimation by Request
      6,328 SF

      970 Byhalia Rd

      FINANCIAL BUILDING • 6,328 SF
      970 Byhalia Rd, Hernando, MS 38632-1017
      View Details
    • Value Estimation by Request
      3,199 SF

      885 Commerce St

      FINANCIAL BUILDING • 3,199 SF
      885 Commerce St, Hernando, MS 38632-2407
      View Details

    Similar Nearby for Sale

    • $440,000
      1,800 SF

      Hernando Commercial Automotive Business Opportunity

      Established automotive business with shop, office, and included equipment.
      310 E St S, Hernando, MS 38632
      View Details
    • $550,000
      3,663 SF

      Established Car Wash Business Opportunity

      Turnkey car wash business in prime location near Hernando square.
      2934 Highway 51 S, Hernando, MS 38632
      View Details
    • $238,000
      0.39 Acres

      Hernando Commercial Land Investment

      Prime .39-acre commercial lot in Hernando, MS
      2700 Highway 51, Hernando, MS 38632
      View Details
    • $602,000
      4.60 Acres

      Hernando Industrial Land - I-55 Access

      4.6 Acres, M-2 Zoning, Prime Location
      3402 Industrial Dr, Hernando, MS 38632
      View Details
    • $160,000
      4.62 Acres

      Ready-to-Build Lot in Hernando

      4.62 acre lot in Lewisburg School District.
      8600 County Line Rd, Hernando, MS 38632
      View Details
    • $112,900
      2.23 Acres

      Hernando Land with Panoramic Views

      2.23-acre homesite in gated community with scenic views.
      5721 Ginners Ln, Hernando, MS 38632
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Near Interstate 55

      Retail space available near Interstate 55 in Hernando, Mississippi.
      12 East Commerce St, Hernando, MS 38632
      View Details
    • $18 SF/Yr
      1,800 SF

      Hernando Commercial Space For Lease

      1,800 SF commercial bay on Hwy 51, Hernando, MS.
      341 Wheeler Rd, Hernando, MS 38632
      View Details
    • Contact for pricing

      Retail Center in Hernando, Mississippi

      Retail spaces available for lease in new shopping center.
      Mcingvale Rd And Monteith Ave, Hernando, MS 38632
      View Details
    • Contact for pricing
      70,957 SF

      Hernando Retail Center: Prime Location

      70,957 SF Shopping Center, 1,998 SF Available
      2631 Mcingvale Rd, Hernando, MS 38632
      View Details
    • $33 SF/Yr
      540 SF

      Hernando Square Executive Office Suites

      Prestigious Hernando, MS office space available.
      2555 Caffey St, Hernando, MS 38632
      View Details
    • $21 SF/Yr
      1,050 SF

      Hernando Office Space For Rent

      Office space available in Hernando, Mississippi, approximately 1,050 square feet.
      2575 Caffey St, Hernando, MS 38632
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    534 Commerce St
    Hernando, MS 38632-2406
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.