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    Property profile & analytics

    6368 Hwy 161 Walls, MS 38680-8207

    • Commercial real estate
    • 1,200 SF
    • 3.27 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 06, 2025
    Location Intelligence
    Property ID
    US50-0715994
    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

    • Commercial real estate

    Property Details for 6368 Hwy 161

    Year built
    2015
    Construction
    BRICK
    Lot size
    3.27 lot acres
    Property size
    1,200 SF
    Zone code
    M-1
    Property type
    Commercial real estate
    APN
    1-09-8-33-07-0-00001-00
    APU
    1098330700000100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Walls
    County
    Desoto
    State
    Mississippi
    Longitude
    -90.1502
    Latitude
    34.9525
    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
    $1,658
    $0.00
    $0.00
    $11,384
    -
    $35,000
    $40,892
    $75,892

    Comparable in this City

    • Value Estimation by Request
      1,534 SF

      Walls, MS 38680

      COMMERCIAL (GENERAL) • 1,534 SF
      Walls, MS 38680
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    • Value Estimation by Request
      750 SF

      8322 Hwy 301

      COMMERCIAL (GENERAL) • 750 SF
      8322 Hwy 301, Walls, MS 38680-8813
      View Details
    • Value Estimation by Request
      17,364 SF

      9167 Hwy 61

      COMMERCIAL (GENERAL) • 17,364 SF
      9167 Hwy 61, Walls, MS 38680
      View Details
    • Value Estimation by Request
      1.45 Acres

      8938 Ms-301

      Land • 1.45 Acres
      8938 Ms-301, Walls, MS 38680
      View Details
    • Value Estimation by Request
      9,913 SF

      7011 Goodman Rd

      COMMERCIAL (GENERAL) • 9,913 SF
      7011 Goodman Rd, Walls, MS 38680-9228
      View Details
    • Value Estimation by Request
      3,296 SF

      6520 Hwy 161

      COMMERCIAL (GENERAL) • 3,296 SF
      6520 Hwy 161, Walls, MS 38680-8334
      View Details

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    6368 Hwy 161
    Walls, MS 38680-8207
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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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