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    120 Old Runway Rd Tupelo, MS 38801

    For Sale
    $800,000

    Commerical Property - Tupelo, MS

    Property size:
    16,000 SF
    Lot size:
    5.90 Acres
    Days on Market:
    107
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 120 Old Runway Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Size
    16,000 SF
    Lot size
    5.90 Acres

    Building Details

    Floors in Building
    1
    Architectural style
    Other

    MOSSY OAK PROPERTIES OF TUPELO (662) 844-1681 [email protected]

    Listing agent Robert J. Dexter (662) 844-1681 License #S-53454

    Listing date Aug 22, 2025

    MLS# 25-692 Listing URL

    Copyright © 2025 Northeast Mississippi Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tupelo Commercial Building For Sale

    This 16,000 square foot commercial building is located in Tupelo, MS, and offers convenient access to major roads. The property features a sprinkler system and a large air tank. Inside, there is a separate space containing 5 offices and 6 restrooms. The building provides a generous 24-foot ceiling height with 20-foot eaves. A 22-foot wide access easement is included. The property has concrete paved parking, a concrete ramp, and an elevated concrete dock. The lot size is 5.9 acres. All information is subject to verification.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tupelo
    County
    Lee
    State
    Mississippi
    Longitude
    -88.763713
    Latitude
    34.256907

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    FAQs

    What type of property is this?
    Industrial property - 16,000 SF commercial building with easy access to major roads.
    Where is this industrial property located?
    The property is located at 120 Old Runway Rd Tupelo, MS.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - 16,000 sq ft commercial building with easy access to major roads.; - Generous 24 foot ceiling height with 20 foot eves.; - Separate space with 5 offices and 6 restrooms.
    (662) 844-1681
    Request Owner's contact information
    120 Old Runway Rd Tupelo, MS 38801
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    Tupelo, MS 38801
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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
    120 Old Runway Rd Tupelo, MS 38801
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