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    Property profile & analytics

    8367 Hwy 493 Meridian, MS 39305

    • Retail space
    • 1,980 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-0578571
    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 8367 Hwy 493

    Year built
    2005
    Lot size
    1.00 lot acres
    Property size
    1,980 SF
    Property type
    Retail space
    APN
    126240000000000802
    APU
    126240000000000802

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.7105
    Latitude
    32.4394
    CBSA code
    32940
    CBSA name
    MERIDIAN, MS MICROPOLITAN 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
    $854
    $0.00
    $0.00
    $6,577
    -
    $4,290
    $39,550
    $43,840

    Comparable in this City

    • Value Estimation by Request
      3,200 SF

      7729 Hwy 45th N

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      7729 Hwy 45th N, Meridian, MS 39305-8507
      View Details
    • Value Estimation by Request
      3,000 SF

      7972 Hwy 45th N

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      7972 Hwy 45th N, Meridian, MS 39305-8465
      View Details
    • Value Estimation by Request
      15,000 SF

      7726 Hwy 493

      RETAIL STORES (PERSONAL SERVICES) • 15,000 SF
      7726 Hwy 493, Meridian, MS 39305
      View Details
    • Value Estimation by Request
      2,142 SF

      144 Hls St

      RETAIL STORES (PERSONAL SERVICES) • 2,142 SF
      144 Hls St, Meridian, MS 39305-2203
      View Details
    • Value Estimation by Request
      5,760 SF

      2400 Hls St

      RETAIL STORES (PERSONAL SERVICES) • 5,760 SF
      2400 Hls St, Meridian, MS 39305-2661
      View Details
    • Value Estimation by Request
      5,158 SF

      2626 Hls St

      RETAIL STORES (PERSONAL SERVICES) • 5,158 SF
      2626 Hls St, Meridian, MS 39305-2639
      View Details

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    8367 Hwy 493
    Meridian, MS 39305
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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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