Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    55 E Stateline Road Southaven, MS 38671

    View on Map
    For Sale
    $160,000

    COMMERCIAL - Southaven, MS

    Property size:
    1,100 SF
    Lot size:
    0.46 Acres
    Added:
    Oct 2, 2025
    Days on Market:
    184
    Last Refresh:
    Apr 3 at 3:06 pm

    Property Features for 55 E Stateline Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1074192300000200
    Size
    1,100 SF
    Lot size
    0.46 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LAKEVIEW BUSINESS CENTER SEC 1 LOT 2
    Tax Annual Amount
    2210

    Building Details

    Year built
    2006

    We can help!

    Listing Contact
    Seth Billings

    Listing agent Seth Billings License #S-55381

    Listing office United Real Estate Mid-South 8849 Centre Street, Southhaven, MS

    Listing date Oct 2, 2025

    MLS# 4127453

    Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Southaven Commercial Property For Sale

    This commercial property is located at the intersection of Stateline Road and Airways in Southaven, MS. Situated on approximately 0.46 acres, the property is currently a non-operational automatic carwash facility that includes two vacuum stations. Zoned C-4, this property offers potential for various commercial uses. The building size is 1100 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Car washes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Southaven
    County
    DeSoto
    State
    Mississippi
    Longitude
    -89.988398
    Latitude
    34.991163

    Nearby Similar for Sale

    • $425,000
      3,754 SF

      Versatile Commercial Building in Southaven

      Multi-purpose building with studio, offices, and flexible spaces.
      1310 E Goodman Road, Southaven, MS 38671
      View Details
    • $999,990
      5,000 SF

      Southaven Commercial Property For Sale

      Two office buildings on 1.2 acres in high-demand area.
      5185 Getwell Road lot: 5187, Southaven, MS 38672
      View Details
    • $595,000
      7,150 SF

      7,150 SF Investment Property

      High-visibility, 100% occupied retail property on 0.75-acre corner parcel.
      1765-1799 Main Street, Southaven, MS
      View Details
    • $1,223,000
      9,750 SF

      Southaven Office Investment Opportunity

      9,750 SF office building in Southaven, Mississippi for sale.
      1926 First Commercial Drive, Southaven, MS 38671
      View Details
    • Contact for pricing
      15,900 SF

      Southaven Retail Shadow Center

      15,900 SF building in high-demand Southaven trade area.
      7111 Southcrest Parkway, Southaven, MS 38671
      View Details
    • $775,000
      3,152 SF

      Southaven Medical Office Building

      3,152 SF building ideal for office or medical use.
      7732 Airways Blvd, Southaven, MS
      View Details
    • $1,500,000
      4,958 SF

      Former Bank Branch on Airways

      Former bank branch in high-traffic retail corridor.
      7100 Airways Blvd, Southaven, MS
      View Details
    • Contact for pricing
      40,000 SF

      New Hotel Near I-55

      92-room hotel with modern amenities, opening mid-2021.
      6863 Hospitality Lane, Southaven, MS 38671
      View Details
    • $990,000

      Veterinary Practice in Growing Area

      Successful veterinary practice for sale in rapidly growing North Mississippi.
      5165 GETWELL, Southaven, MS 38671-9691
      View Details
    • Contact for pricing

      128-Unit Apartment Community in Southaven

      Multifamily property with Section 8 subsidy in Memphis MSA.
      1725 Dorchester Drive, Southaven, MS 38671-5731
      View Details
    • $2,000,000
      9,545 SF

      Retail Space Available For Lease

      9,545 SF retail space for lease at $19.00/SF/yr.
      7457 Airways Blvd, Southaven, MS
      View Details

    FAQs

    What type of property is this?
    Car wash - Commercial property with potential for various uses in Southaven, MS.
    Where is this car wash located?
    The property is located at 55 E Stateline Road Southaven, MS.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: Prime commercial location at the intersection of Stateline Rd. and Airways.; Zoned C‑4, allowing for diverse commercial applications.; Sizeable lot: Almost half an acre.
    (901) 361-1131
    We can help!
    Listing Contact
    Seth Billings
    Real Estate License ID: S-55381
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!