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    594-624 Robert E Lee Dr Tupelo, MS 38801

    For Sale
    $652,000

    Commerical Property - Tupelo, MS

    Property size:
    37,292 SF
    Lot size:
    4.80 Acres
    Days on Market:
    99
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 594-624 Robert E Lee Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mixed Use
    Size
    37,292 SF
    Lot size
    4.80 Acres

    Building Details

    Year renovated
    1955
    Floors in Building
    1
    Architectural style
    Other

    Tommy Morgan, Inc., Realtors (662) 842-3844 [email protected]

    Listing agent JAMES RILEY HUNTER, SR (662) 842-3844 License #15556

    Listing date Aug 29, 2025

    MLS# 25-3066 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 Investment Opportunity

    This commercial investment opportunity features 10 income-producing buildings totaling 37,292 square feet. The property is strategically located on Robert E. Lee Drive, just off South Gloster in Tupelo, MS. The 4.8-acre site has a solid tenant mix already in place, providing immediate cash flow along with strong long-term growth potential. The property is zoned for mixed use. This portfolio can be sold together with 601-613 President St.
    Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tupelo
    County
    Lee
    State
    Mississippi
    Longitude
    -88.710496
    Latitude
    34.250652

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    FAQs

    What type of property is this?
    Investment property - Income-producing commercial property with long-term growth potential in Tupelo.
    Where is this investment property located?
    The property is located at 594-624 Robert E Lee Dr Tupelo, MS.
    What is the asking price?
    The asking price for this property is $652,000.
    What are key features of this property?
    This property features: - Immediate cash flow from 10 income-producing buildings.; - Strategic location on Robert E. Lee Dr, near S Gloster.; - Total of 37,292 sf of commercial space.
    (662) 842-3844
    Request Owner's contact information
    594-624 Robert E Lee Dr 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
    594-624 Robert E Lee Dr Tupelo, MS 38801
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