2606 5thMeridian, MS 39301

  • Retail space
  • 1,400 SF
Off market
$1,913,600 Estimated

Property Details for 2606 5th

Year built
1950
Construction
WOOD
Lot size
0.19 AC
Property size (Sq ft)
1,400 SF
Property type
Retail space
APN
84183278000700701
APU
84183278000700701

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $268,762
    6.5%
    $248,088
    7%
    $230,367
  • Comparable approach

    Method
    Valuation
    Relative Method
    $108,385
    Geo Method
    $284,007
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $484,076
    Mixed-Use / Specialty
    $247,090
    Hospitality / Lodging
    $181,135
    Office
    $245,505
    Institutional / Educational
    $256,834
    Residential Income
    $300,496
    Multifamily
    $361,025
    Automotive / Energy
    $220,144
    Parking / Income-Based Land
    $76,080.60
    Restaurant / Food Service
    $128,272
    Healthcare / Senior Housing
    $253,503

Location Insight

City
Meridian
County
Lauderdale
State
Mississippi
Latitude
32.3619
Longitude
-88.7034
CBSA code
32940
CBSA name
MERIDIAN, 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
2023
$752
-
-
$4,232
-
$15,600
$12,610
$28,210

FAQs

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