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    Property profile & analytics

    6195 Hwy 51st N Horn Lake, MS 38637-2403

    • Warehouses
    • 1,040,736 SF
    • 57.68 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 22, 2022
    Location Intelligence
    Property ID
    US50-1998566
    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

    • Warehouses

    Property Details for 6195 Hwy 51st N

    Year built
    2021
    Lot size
    57.68 lot acres
    Property size
    1,040,736 SF
    Zone code
    M-1
    Property type
    Warehouses
    APN
    1-08-7-35-22-0-00004-00
    APU
    1087352200000400

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Horn Lake
    County
    Desoto
    State
    Mississippi
    Longitude
    -90.0215
    Latitude
    34.9498
    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
    $602,013
    $0.00
    $0.00
    $7,721,374
    -
    $4,275,000
    $47,200,826
    $51,475,826

    Comparable in this City

    • Value Estimation by Request
      36.10 Acres

      601 Expy Dr

      WAREHOUSE, STORAGE • 36.10 Acres
      601 Expy Dr, Horn Lake, MS 38637-1447
      View Details
    • Value Estimation by Request
      5,056 SF

      6795 Pasadena Dr

      WAREHOUSE, STORAGE • 5,056 SF
      6795 Pasadena Dr, Horn Lake, MS 38637-1914
      View Details
    • Value Estimation by Request
      586,092 SF

      1241 Commerce N Pkwy

      WAREHOUSE, STORAGE • 586,092 SF
      1241 Commerce N Pkwy, Horn Lake, MS 38637-2305
      View Details
    • Value Estimation by Request
      5,000 SF

      1206 Nail Rd

      Manufacturing properties • 5,000 SF
      1206 Nail Rd, Horn Lake, MS 38637
      View Details
    • Value Estimation by Request
      5,151 SF

      6876 Pasadena Dr

      WAREHOUSE, STORAGE • 5,151 SF
      6876 Pasadena Dr, Horn Lake, MS 38637-1444
      View Details
    • Value Estimation by Request
      6,000 SF

      1206 Nail Rd

      Distribution properties • 6,000 SF
      1206 Nail Rd, Horn Lake, MS 38637
      View Details

    Similar Nearby for Sale

    • $315,000

      Highway 51 Commercial Land

      Prime Horn Lake location, high-traffic area.
      0 Us-51, Horn Lake, MS 38637
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    • $162,693
      1,926 SF

      Office Space Near Goodman Road

      Office space for sale, located near Goodman Road.
      1949 Tappan St, Horn Lake, MS 38637
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    • $885,000
      1 SF

      Prime Outparcel on Goodman Road

      1.11-acre outparcel on Goodman Road, Horn Lake, Mississippi.
      4482 Goodman Rd, Horn Lake, MS 38637
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    • $700,000
      4.75 Acres

      Horn Lake Commercial Land Opportunity

      4.75-acre commercial land with approved site plan.
      4683 Goodman Rd, Horn Lake, MS 38637
      View Details
    • Contact for pricing

      Corner Lot Land Available

      Land for sale or ground lease in Horn Lake, Mississippi.
      6020 Hurt Rd, Horn Lake, MS 38637
      View Details
    • $150,000
      6.49 Acres

      Horn Lake Land with Pond

      6.49-acre Horn Lake parcel with pond, utilities on-site.
      Horn Lake Rd, Horn Lake, MS 38637
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      75,000 SF

      Horn Lake Warehouse Space Available

      75,000 SF build-to-suit warehouse on 9 acres.
      2200 Cole Rd, Horn Lake, MS 38637
      View Details
    • $15 SF/Yr
      6,000 SF

      Horn Lake Flex Warehouse Space

      Modern Flex Space, MS - 1,500-6,000 SF
      1206 Nail Rd, Horn Lake, MS 38637
      View Details
    • Contact for pricing
      4,548 SF

      Industrial Building For Lease

      4,548 SF industrial building for lease in Desoto County.
      6934 Interstate Blvd, Horn Lake, MS 38637
      View Details
    • Contact for pricing
      7,500 SF

      Horn Lake Warehouse Space Available

      7,500 SF warehouse space with office in Horn Lake.
      6550 Interstate Dr, Horn Lake, MS 38637
      View Details
    • Contact for pricing
      166,630 SF

      Horn Lake Warehouse Space Available

      166,630 sq ft warehouse space for lease.
      1434 Commerce Pkwy, Horn Lake, MS 38637
      View Details
    • $15 SF/Yr
      1,200 SF

      Retail Space on Goodman Road

      Retail space available in Horn Lake, Mississippi, built in 1996.
      3042-3058 Goodman Rd, Horn Lake, MS 38637
      View Details
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    6195 Hwy 51st N
    Horn Lake, MS 38637-2403
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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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