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    Property profile & analytics

    Hwy 42 Richton, MS 39476

    • Retail space
    • 320 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1184556
    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 Hwy 42

    Year built
    1987
    Property size
    320 SF
    Property type
    Retail space
    APN
    049A-31-001.006
    APU
    049A31001006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richton
    County
    Perry
    State
    Mississippi
    Longitude
    -88.9311
    Latitude
    31.3552
    CBSA code
    25620
    CBSA name
    HATTIESBURG, MS METROPOLITAN 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
    $244
    $0.00
    $0.00
    $1,541
    -
    $3,910
    $6,360
    $10,270

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      Richton, MS 39476

      RETAIL STORES (PERSONAL SERVICES) • 1.00 Acre
      Richton, MS 39476
      View Details
    • Value Estimation by Request

      110 Dogwood Ave

      RETAIL STORES (PERSONAL SERVICES)
      110 Dogwood Ave, Richton, MS 39476-9654
      View Details
    • Value Estimation by Request
      1,696 SF

      805 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 1,696 SF
      805 Frnt St, Richton, MS 39476-2215
      View Details
    • Value Estimation by Request
      6,760 SF

      108 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 6,760 SF
      108 Frnt St, Richton, MS 39476-2203
      View Details
    • Value Estimation by Request
      432 SF

      Hwy 15th N

      RETAIL STORES (PERSONAL SERVICES) • 432 SF
      Hwy 15th N, Richton, MS 39476
      View Details
    • Value Estimation by Request
      4,800 SF

      1213 Hwy 15

      RETAIL STORES (PERSONAL SERVICES) • 4,800 SF
      1213 Hwy 15, Richton, MS 39476-9119
      View Details

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    Hwy 42
    Richton, MS 39476
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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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