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    Property profile & analytics

    Sam Barkley, MS

    • Outlet malls
    • 0.37 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US50-1029960
    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

    • Outlet malls

    Property Details

    Lot size
    0.37 lot acres
    Property type
    Outlet malls
    APN
    016N-31-003.06
    APU
    016N3100306

    Value Estimations

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sam Barkley
    County
    Union
    State
    Mississippi
    Longitude
    -89.0298
    Latitude
    34.5186

    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
    $114
    $0.00
    $0.00
    $794
    -
    $5,290
    $0.00
    $5,290

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      Cr, MS

      WHOLESALE OUTLET, DISCOUNT STORE • 1.00 Acre
      8301, Cr, MS
      View Details
    • Value Estimation by Request
      10,400 SF

      Varsity Dr, MS

      REGIONAL SHOPPING CENTER, MALL • 10,400 SF
      Varsity Dr, MS
      View Details
    • Value Estimation
      $1,350,000
      98,899 SF

      Robinson St, MS

      SHOPPING CENTER COMMON AREA • 98,899 SF
      Robinson St, MS
      View Details
    • Value Estimation by Request
      0.52 Acres

      1st Pt

      BAR, TAVERN • 0.52 Acres
      1st Pt, Nw14 4, MS
      View Details
    • Value Estimation by Request

      Hwy 1

      GROCERY, SUPERMARKET
      Hwy 1, N, MS
      View Details
    • Value Estimation by Request
      53.00 Acres

      Highway

      FINANCIAL BUILDING • 53.00 Acres
      Highway, 28, MS
      View Details

    Similar Nearby for Sale

    • $1,500,000

      Leased Shopping Centers For Sale

      Three leased shopping centers available in Petal, Mississippi.
      121 N Front St, Petal, MS
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    • $1,450,000
      18,000 SF

      Columbia, MS Retail Investment Opportunity

      Retail center in Columbia, Mississippi, nearly fully leased.
      1113 Us 98, Columbia, MS
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    • $2,944,510
      15,020 SF

      Byram Town Center Shops

      Retail property in Byram, MS, built in 2016.
      505-515 Town Ctr Blvd, Byram, MS
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      Prime Retail Investment Opportunity

      3,000 SF retail building in high-traffic Jackson location.
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    • $695,000
      8,209 SF

      Restaurant with Outdoor Patio

      Restaurant with bar, patio, and fireplace near USM.
      6313 Hwy, Hattiesburg, MS
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    • $560,000
      40,200 SF

      Lucedale Retail Opportunity For Sale

      Large retail space in high-traffic commercial area.
      12101 South, Lucedale, MS
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,820 SF

      Retail Space in Jackson Center

      Regional power center anchored by Target and The Home Depot.
      6351-6365 North Frontage Rd, Jackson, MS
      View Details
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      9,100 SF

      Retail Space in Growing Corridor

      9,100 SF retail space in a growing retail corridor.
      6 Parkway Ln, Petal, MS
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      10,000 SF

      Retail Space in Fulton Crossing

      Retail space available within a community shopping destination.
      118 S 72, Corinth, MS
      View Details
    • $18 SF/Yr
      4,250 SF

      Retail Space in Madison, MS

      Retail suite available in a Super Wal Mart anchored shopping center.
      123 Grandview Dr, Madison, MS
      View Details
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      3,500 SF

      Retail Space in Natchez Mall

      Retail space available in established Natchez Mall.
      350 John Junkin Dr, Natchez, MS
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Northwest Plaza

      Retail space available in a fully leased shopping center.
      100-126 Dr NW, Senatobia, MS
      View Details
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    Sam Barkley, MS
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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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