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Property profile & analytics

875 Hwy 51st S Batesville, MS 38606-2545

  • Industrial properties
  • 40,303 SF
  • 8.90 lot acres
OFF-MARKET
Value Estimation
$790,000
Location Intelligence
Property ID
US50-1624937
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

  • Industrial properties

Property Details for 875 Hwy 51st S

Lot size
8.90 lot acres
Property size
40,303 SF
Property type
Industrial properties
APN
3185 0006300 0001200
APU
318500063000001200

Description

This expansive industrial warehouse, located at 875 Highway 51 S in Batesville, Mississippi, offers 90,000 total square feet of space. Currently, 55,475 square feet are available for lease, presenting a significant opportunity for businesses seeking ample storage or distribution capabilities. Built in 1989, the property features six dock-high doors and one drive-in door, ensuring efficient loading and unloading operations. The building is classified as a multi-tenant property, although currently only one suite is available. Situated in Panola County, this warehouse benefits from convenient access to Highway 51, providing excellent transportation links. The property's substantial size and strategic location make it ideal for a variety of industrial uses, including warehousing, distribution, and light manufacturing. The available space offers a blank canvas for businesses to customize their operations, with the potential to adapt the layout to meet specific needs. Interested parties are encouraged to inquire about lease terms and availability. The property's zip code is 38606.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $790,000
  • CAP approach

    CAP return
    Estimation
    6%
    $870,000
    6.5%
    $970,000
    7%
    $915,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $850,000
    Geo Method
    $835,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $895,000
    Retail
    $980,000
    Mixed-Use
    $970,000
    Hospitality
    $895,000
    Educational
    $1,105,000
    Residential Income
    $875,000
    Energy
    $835,000
    Income-Based Land
    $795,000
    Food Service
    $795,000

Location Insight

  • Map
  • Local Demand
City
Batesville
County
Panola
State
Mississippi
Longitude
-89.9444
Latitude
34.2895

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
$19,341
$4,005
$111,998
$116,003
-
$26,700
$746,653
$773,353
More about this property
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