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    Property profile & analytics

    951 Hwy 51st S Grenada, MS 38901-8414

    • Retail space
    • 2,799 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-0152706
    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 951 Hwy 51st S

    Lot size
    0.50 lot acres
    Property size
    2,799 SF
    Property type
    Retail space
    APN
    045W 15 113.01
    APU
    045W1511301

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grenada
    County
    Grenada
    State
    Mississippi
    Longitude
    -89.756
    Latitude
    33.6883
    CBSA code
    24980
    CBSA name
    GRENADA, 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
    0
    $0.00
    $900
    $7,110
    $8,010
    -
    $6,000
    $47,402
    $53,402

    Comparable in this City

    • Value Estimation by Request
      5,292 SF

      20 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,292 SF
      20 Main St, Grenada, MS 38901
      View Details
    • Value Estimation by Request
      31,928 SF

      Monroe St

      RETAIL STORES (PERSONAL SERVICES) • 31,928 SF
      Monroe St, Grenada, MS 38901
      View Details
    • Value Estimation by Request
      2,736 SF

      Salem Church Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,736 SF
      Salem Church Rd, Grenada, MS 38901
      View Details
    • Value Estimation by Request
      4,067 SF

      55 Sunset Dr

      RETAIL STORES (PERSONAL SERVICES) • 4,067 SF
      55 Sunset Dr, Grenada, MS 38901-4518
      View Details
    • Value Estimation by Request
      2,400 SF

      2925 Sunset Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      2925 Sunset Dr, Grenada, MS 38901-2866
      View Details
    • Value Estimation by Request
      1,127 SF

      Grenada, MS 38901

      RETAIL STORES (PERSONAL SERVICES) • 1,127 SF
      Grenada, MS 38901
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,362 SF

      Retail Space Near Walmart

      Retail property with high visibility and traffic, near Walmart.
      1660 Sunset Dr, Grenada, MS 38901
      View Details
    • $65,000
      1,648 SF

      Commercial Building on Sunset Drive

      Commercial building for sale in high-traffic area on Sunset Drive.
      22106 Highway 8 East Grenada MS, Grenada, MS 38901
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    • $1,300,000
      1,728 SF

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    • $378,000
      3,594 SF

      Prime Grenada Restaurant Space

      3,594 SF Restaurant, High Traffic Area
      2310 Sunset Dr, Grenada, MS 38901
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    • $910,000
      165.00 Acres

      165 Acres Commercial Land Opportunity

      Prime commercial land for development in Grenada, Mississippi.
      165 And Papermill Rd, Grenada, MS 38901
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    • $910,000
      165.00 Acres

      165-Acre Commercial Tract in Grenada

      165-acre commercial tract with high visibility and development potential.
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      View Details
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    951 Hwy 51st S
    Grenada, MS 38901-8414
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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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