345 CommerceHernando, MS 38632

  • Office properties
  • 1,944 SF
Off market
$14,444,000 Estimated

Property Details for 345 Commerce

Year built
1976
Construction
STEEL FRAME
Lot size
1.44 AC
Property size (Sq ft)
1,944 SF
Zone code
C-2
Property type
Office properties
APN
3-07-4-18-00-3-00006-01
APU
3074180030000601

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $317,446
    6.5%
    $293,027
    7%
    $272,097
  • Comparable approach

    Method
    Valuation
    Relative Method
    $151,554
    Geo Method
    $151,554
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $584,267
    Retail / Commercial
    $298,168
    Mixed-Use / Specialty
    $295,969
    Hospitality / Lodging
    $215,664
    Institutional / Educational
    $307,282
    Residential Income
    $359,520
    Multifamily
    $437,487
    Automotive / Energy
    $263,385
    Parking / Income-Based Land
    $92,013.20
    Restaurant / Food Service
    $151,511
    Healthcare / Senior Housing
    $304,675

Location Insight

City
Hernando
County
Desoto
State
Mississippi
Latitude
34.8232
Longitude
-89.9834
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR 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
$3,696
-
-
$26,641
-
$121,968
$55,637
$177,605

FAQs

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Please email our support team at [email protected] and they will add the team member.
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