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    Property profile & analytics

    6787 Hwy 481st N Morton, MS 39117-9609

    • Retail space
    • 7,778 SF
    • 1.20 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1898599
    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 6787 Hwy 481st N

    Year built
    2017
    Lot size
    1.20 lot acres
    Property size
    7,778 SF
    Property type
    Retail space
    APN
    1-114 -2000000- -01508
    APU
    1114200000001508

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morton
    County
    Scott
    State
    Mississippi
    Longitude
    -89.7129
    Latitude
    32.4326

    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
    0
    $0.00
    $0.00
    $0.00
    $51,308
    -
    $15,000
    $327,050
    $342,050

    Comparable in this City

    • Value Estimation by Request
      25.00 Acres

      Hwy 80

      RETAIL STORES (PERSONAL SERVICES) • 25.00 Acres
      Hwy 80, Morton, MS 39117
      View Details
    • Value Estimation by Request
      0.66 Acres

      33 Simmons Dr

      RETAIL STORES (PERSONAL SERVICES) • 0.66 Acres
      33 Simmons Dr, Morton, MS 39117-3915
      View Details
    • Value Estimation by Request
      9,100 SF

      5353 Hwy 80-morton

      RETAIL STORES (PERSONAL SERVICES) • 9,100 SF
      5353 Hwy 80-morton, Morton, MS 39117
      View Details
    • Value Estimation by Request
      640 SF

      Morton, MS 39117

      RETAIL STORES (PERSONAL SERVICES) • 640 SF
      Morton, MS 39117
      View Details
    • Value Estimation by Request
      2,267 SF

      Morton, MS 39117

      RETAIL STORES (PERSONAL SERVICES) • 2,267 SF
      Morton, MS 39117
      View Details
    • Value Estimation by Request
      8,124 SF

      4th St

      RETAIL STORES (PERSONAL SERVICES) • 8,124 SF
      4th St, Morton, MS 39117
      View Details

    Similar Nearby for Sale

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      4,300 SF

      Morton Retail Space: High Cash Flow

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      View Details
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      Storage Facility with High Occupancy

      Storage facility with 98% occupancy, great cash flow opportunity.
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    • $380,550

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    • $235,000
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    • $127,500

      71.6 Acres Hunting/Timber Investment

      71.6 acre property for hunting and timber investment.
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    • $290,000

      Country Park Investment Opportunity

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    6787 Hwy 481st N
    Morton, MS 39117-9609
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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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