Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    543 Main St Bay Saint Louis, MS 39520-2705

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    543 Main St Bay Saint Louis, MS 39520-2705

    View on Map
    • Office buildings
    • 12,926 SF
    • 2.00 lot acres
    Off-Market
    Property ID
    US50-1662156
    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.
    Value Estimations
    $620,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bay St. Louis Fire Department / Fire Station
    • Bay St Louis City Yard / Fire Station / City Government Office

    Property Details for 543 Main St

    Lot size
    2.00 lot acres
    Property size
    12,926 SF
    Property type
    Office buildings
    APN
    137H-0-45-063.000
    APU
    137H045063000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $450,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $787,000
      Market price range: $729k - $2.18M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bay Saint Louis
    County
    Hancock
    State
    Mississippi
    Longitude
    -89.3456
    Latitude
    30.3163
    CBSA code
    25060
    CBSA name
    GULFPORT-BILOXI, MS 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
    $14,816
    $30,000
    $98,820
    $128,820
    -
    $200,000
    $658,801
    $858,801

    Comparable in this City

    • Value Estimation
      $505,000
      3,000 SF

      3303 Prt Hbr Dr

      OFFICE BUILDING • 3,000 SF
      3303 Prt Hbr Dr, Bay Saint Louis, MS 39520
      View Details
    • Value Estimation by Request
      802 SF

      12010 Hwy 603

      OFFICE BUILDING • 802 SF
      12010 Hwy 603, Bay Saint Louis, MS 39520
      View Details
    • Value Estimation by Request
      5,000 SF

      7353 Hwy 90

      PROFESSIONAL BUILDING • 5,000 SF
      7353 Hwy 90, Bay Saint Louis, MS 39520-9359
      View Details
    • Value Estimation by Request
      1,536 SF

      7501 Hwy 90

      OFFICE BUILDING • 1,536 SF
      7501 Hwy 90, Bay Saint Louis, MS 39520
      View Details
    • Value Estimation by Request
      706 SF

      1248 Hwy 90

      PROFESSIONAL BUILDING • 706 SF
      1248 Hwy 90, Bay St Louis, MS 39520-2414
      View Details
    • Value Estimation by Request
      9,003 SF

      Bay Saint Louis, MS 39520

      OFFICE BUILDING • 9,003 SF
      Bay Saint Louis, MS 39520
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,332 SF

      Bay St. Louis Retail/Office Building

      10,000 SF building near Ochsner Medical Center.
      843 Highway 90, Bay Saint Louis, MS 39520
      View Details
    • $850,000
      10,154 SF

      Commercial Building on US Hwy 90

      10,154 sq ft commercial building on 0.74 acres.
      306 S 90, Bay Saint Louis, MS 39520
      View Details
    • $239,575
      87,120 SF

      Commercial Land Near I-10

      Commercial land suitable for gas station, retail, or office.
      00 Highway 603, Bay Saint Louis, MS 39520
      View Details
    • New
      $239,575
      2.00 Acres

      Commercial Land Near I-10

      Commercial land suitable for gas station, retail, or office.
      Highway 603, Bay Saint Louis, MS 39520
      View Details
    • $774,500
      2,094 SF

      Mixed-Use Property in Old Town

      Well-appointed commercial property in the heart of Old Town.
      136 Main St, Bay Saint Louis, MS 39520
      View Details
    • Contact for pricing
      0.50 Acres

      Half Acre Parcel Ready to Build

      Half acre parcel in Shoreline Estates ready for new construction.
      No Poinsettia Dr, Bay Saint Louis, MS 39520
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Bay St. Louis Office Space

      Professional office space in prime location with high visibility.
      624 Highway 90, Bay Saint Louis, MS 39520
      View Details
    • $6,500 /Mo
      4,200 SF

      Versatile Commercial Space in Bay

      Historic charm meets modern functionality in vibrant downtown Bay St. Louis.
      125 Court St, Bay Saint Louis, MS 39520
      View Details
    • $5,000 /Mo
      3,600 SF

      Versatile Commercial Space on Highway

      Inviting commercial space suitable for various businesses on high-traffic highway.
      10199 Highway 603, Bay Saint Louis, MS 39520
      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.
    543 Main St
    Bay Saint Louis, MS 39520-2705
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!