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

    Leather Works New Albany, MS 38652

    • Manufacturing properties
    • 20,400 SF
    • 1.93 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1503740
    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

    • Manufacturing properties

    Property Details for Leather Works

    Year built
    1984
    Lot size
    1.93 lot acres
    Property size
    20,400 SF
    Property type
    Manufacturing properties
    APN
    047N-16-035.00
    APU
    047N1603500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Albany
    County
    Union
    State
    Mississippi
    Longitude
    -88.9923
    Latitude
    34.4749

    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
    $4,960
    $0.00
    $0.00
    $34,542
    -
    $11,680
    $218,600
    $230,280

    Comparable in this City

    • Value Estimation by Request
      2.51 Acres

      New Albany, MS 38652

      LUMBER & WOOD PRODUCT MFG • 2.51 Acres
      New Albany, MS 38652
      View Details
    • Value Estimation by Request

      New Albany, MS 38652

      LUMBER & WOOD PRODUCT MFG
      New Albany, MS 38652
      View Details
    • Value Estimation by Request
      9,600 SF

      1015 Munsford Dr

      FACTORY (MANUFACTURING) • 9,600 SF
      1015 Munsford Dr, New Albany, MS 38652-2124
      View Details
    • Value Estimation by Request
      64,260 SF

      1283 State Hwy 178th W

      FACTORY (MANUFACTURING) • 64,260 SF
      1283 State Hwy 178th W, New Albany, MS 38652-8905
      View Details
    • Value Estimation by Request
      2.23 Acres

      New Albany, MS 38652

      LUMBER & WOOD PRODUCT MFG • 2.23 Acres
      New Albany, MS 38652
      View Details
    • Value Estimation by Request
      43,200 SF

      944 Ms-15

      Life science properties • 43,200 SF
      944 Ms-15, New Albany, MS 38652
      View Details

    Similar Nearby for Sale

    • $455,000
      65.00 Acres

      Prime Industrial Land, MS

      65 Acres, Hwy 78 & I-22 Frontage
      0 Hwy 178, New Albany, MS 38652
      View Details
    • Contact for pricing

      Residential Lot in Briarwood Subdivision

      Almost half-acre residential lot ready for new construction in New Albany.
      49 Rolling Hills Dr, New Albany, MS 38652
      View Details
    • $90,000
      2.00 Acres

      Unrestricted Land Near Oaks Country

      Two-acre unrestricted lot near Oaks Country Club in Union County.
      Oaks Country Club Rd, New Albany, MS 38652
      View Details
    • $98,500
      1.00 Acre

      Commercial Lot in New Albany

      One-acre commercial lot with high visibility in New Albany, Mississippi.
      1E Sam T Barkley Rd, New Albany, MS 38652
      View Details
    • $195,000
      1.60 Acres

      New Albany Commercial Land Available

      1.6 acre tract suitable for office or medical facility.
      3 Sam T Barkley Dr, New Albany, MS 38652
      View Details
    • $175,000
      1.00 Acre

      Commercial Lot in New Albany

      High visibility commercial lot in the heart of New Albany.
      1A Sam T Barkley Dr, New Albany, MS 38652
      View Details

    Similar Nearby for Lease

    • $1.94 SF/Yr
      43,200 SF

      New Albany Industrial Space

      43,200 SF Warehouse/Flex Space
      944 Ms-15, New Albany, MS 38652
      View Details
    • $25 SF/Yr
      1,500 SF

      Retail Space in New Albany

      Retail space available for lease in New Albany, Mississippi.
      334-340 Park Plaza Dr, New Albany, MS 38652
      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.
    Leather Works
    New Albany, MS 38652
    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.