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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

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      1342 Hwy 6th E

      INDUSTRIAL (GENERAL) • 1,200 SF
      1342 Hwy 6th E, Batesville, MS 38606-9172
      View Details
    • Value Estimation
      $795,000
      84,861 SF

      550 Hwy 6th W

      INDUSTRIAL (GENERAL) • 84,861 SF
      550 Hwy 6th W, Batesville, MS 38606-9501
      View Details
    • Value Estimation by Request
      55,479 SF

      Batesville, MS 38606

      INDUSTRIAL (GENERAL) • 55,479 SF
      Batesville, MS 38606
      View Details
    • Value Estimation
      $855,000
      39,605 SF

      Batesville, MS 38606

      INDUSTRIAL (GENERAL) • 39,605 SF
      Batesville, MS 38606
      View Details
    • Value Estimation
      $1,085,000
      88,114 SF

      260 Hwy 35th N

      INDUSTRIAL (GENERAL) • 88,114 SF
      260 Hwy 35th N, Batesville, MS 38606-2702
      View Details
    • Value Estimation by Request
      12,017 SF

      210 Tower Rd

      INDUSTRIAL (GENERAL) • 12,017 SF
      210 Tower Rd, Batesville, MS 38606-2724
      View Details

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    875 Hwy 51st S
    Batesville, MS 38606-2545
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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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