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    Property profile & analytics

    Old Hwy 61 Alligator, MS 38720

    • Commercial real estate
    • 720 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-1456097
    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 Old Hwy 61

    Year built
    1940
    Property size
    720 SF
    Property type
    Commercial real estate
    APN
    41-28-015-02-00100-
    APU
    41280150200100

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alligator
    County
    Bolivar
    State
    Mississippi
    Longitude
    -90.7183
    Latitude
    34.0914
    CBSA code
    17380
    CBSA name
    CLEVELAND, 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
    $0.00
    $0.00
    $1,351
    -
    $4,230
    $4,770
    $9,000

    Comparable in this City

    • Value Estimation by Request
      505 SF

      3 Hillhouse Desoto Lk Rd

      COMMERCIAL (GENERAL) • 505 SF
      3 Hillhouse Desoto Lk Rd, Alligator, MS 38720
      View Details
    • Value Estimation by Request
      2,748 SF

      1st St

      COMMERCIAL (GENERAL) • 2,748 SF
      1st St, Alligator, MS 38720
      View Details
    • Value Estimation by Request
      5,621 SF

      Alligator, MS 38720

      COMMERCIAL (GENERAL) • 5,621 SF
      Alligator, MS 38720
      View Details
    • Value Estimation by Request
      1,200 SF

      Alligator, MS 38720

      COMMERCIAL (GENERAL) • 1,200 SF
      Alligator, MS 38720
      View Details
    • Value Estimation by Request
      2,400 SF

      24 Butler Rd

      COMMERCIAL (GENERAL) • 2,400 SF
      24 Butler Rd, Alligator, MS 38720-9748
      View Details
    • Value Estimation
      $400,000
      4,160 SF

      Alligator, MS 38720

      COMMERCIAL (GENERAL) • 4,160 SF
      Alligator, MS 38720
      View Details
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    Old Hwy 61
    Alligator, MS 38720
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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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