Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Hwy 397 Louisville, MS 39339

    • Commercial real estate
    • 7,757 SF
    • 273.00 lot acres
    OFF-MARKET
    Value Estimation
    $700,000
    Location Intelligence
    Property ID
    US50-1759275
    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

    • Commercial real estate

    Property Details for Hwy 397

    Year built
    2008
    Construction
    WOOD
    Lot size
    273.00 lot acres
    Property size
    7,757 SF
    Property type
    Commercial real estate
    APN
    141380028 0000301
    APU
    1413800280000301

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Winston
    State
    Mississippi
    Longitude
    -88.9774
    Latitude
    33.0333

    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
    $27,869
    $13,882
    $245,496
    $259,378
    -
    $92,545
    $1,636,642
    $1,729,187

    Comparable in this City

    • Value Estimation by Request
      475 SF

      Ww Park St

      COMMERCIAL (GENERAL) • 475 SF
      Ww Park St, Louisville, MS 39339
      View Details
    • Value Estimation by Request
      1,104 SF

      Louisville, MS 39339

      COMMERCIAL (GENERAL) • 1,104 SF
      Louisville, MS 39339
      View Details
    • Value Estimation by Request
      2,614 SF

      Nn Spg Ave

      COMMERCIAL (GENERAL) • 2,614 SF
      Nn Spg Ave, Louisville, MS 39339
      View Details
    • Value Estimation by Request
      3,526 SF

      Ss Spg Ave

      COMMERCIAL (GENERAL) • 3,526 SF
      Ss Spg Ave, Louisville, MS 39339
      View Details
    • Value Estimation by Request
      3,288 SF

      10211 Rd Rd

      COMMERCIAL (GENERAL) • 3,288 SF
      10211 Rd Rd, Louisville, MS 39339
      View Details
    • Value Estimation by Request
      2,693 SF

      Louisville, MS 39339

      COMMERCIAL (GENERAL) • 2,693 SF
      Louisville, MS 39339
      View Details

    Similar Nearby for Sale

    • $230,000
      160.00 Acres

      Winston County Land For Sale

      160 acres of rural land near Louisville, Mississippi.
      00 Sylvester Hudson Rd, Louisville, MS 39339
      View Details
    • $375,000
      3,047 SF

      Louisville QSR for Sale

      Prime MS location, 3,047 SF, drive-thru.
      2721 Church Ave, Louisville, MS 39339
      View Details
    • $123,900
      35.40 Acres

      35 Acres of Winston County Land

      35.4 acre tract perfect for recreation or residential development.
      3860 Yellow Creek Rd, Louisville, MS 39339
      View Details
    • $202,500
      81.00 Acres

      81 Acres in Winston County

      81 acre tract perfect for timber investment or recreational retreat.
      Brooksville Rd, Louisville, MS 39339
      View Details
    • $375,000
      3,047 SF

      Restaurant Building with Drive-Thru

      3,047 SF quick service restaurant with drive-thru for sale.
      2721 N Church Ave, Louisville, MS 39339
      View Details
    • $519,400

      212 Acres Timberland Hunting Land

      Timberland and recreational retreat in Winston County, Mississippi.
      Highway 25, Louisville, MS 39339
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Hwy 397
    Louisville, MS 39339
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.