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    7535 Airways Blvd Southaven, MS 38671

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    For Lease
    $17 SF/Yr

    Located in DeSoto County Medical hub, minutes from I-55.

    Property Features for 7535 Airways Blvd

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Don Drinkard
    Don Drinkard
    Source: Cbre

    Listing Agent: Don Drinkard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Medical Space Near Baptist Hospital

    This property is located in the heart of the DeSoto County medical hub, offering convenient access to Interstate 55 and Baptist Hospital. It is suitable for medical and healthcare related businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Desoto Community Health ... Medical Clinic Dr. Jon Engelking, ... Physician Chassity Greer Physician Dr. Earl Phillips Physician Daneca Dipaolo Physician

    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
    -89.990735
    Latitude
    34.969366

    Nearby Similar for Lease

    • $7 SF/Yr

      Retail Space in Stateline Square

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      Southaven Retail and Restaurant Spaces

      Upscale outlet center with retail and restaurant spaces for lease.
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      Southaven Shopping Center Retail Space

      Retail spaces available in a busy Southaven shopping center.
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    • $19 SF/Yr
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      Medical Office Park Near I-55

      Medical office space for lease near Baptist DeSoto Hospital.
      7900 Airways Blvd, Southaven, MS 38671
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    • $19 SF/Yr
      2,150 SF

      Southaven Medical Office Space Available

      2,150 RSF medical office space for rent.
      391 Southcrest Cir, Southaven, MS 38671
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      237,500 SF

      Southaven Warehouse with Cross Docking

      312,000 SF warehouse featuring cross-dock loading and trailer parking.
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      Retail Space in Southaven, MS

      Neighborhood shopping center with excellent visibility on Goodman Road.
      1055 Goodman Rd, Southaven, MS 38671
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      5,500 SF

      Southaven Office Space Available

      Office space available for rent in Southaven, Mississippi.
      5740 Getwell Rd, Southaven, MS 38672
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      171,756 SF

      Stateline Business Park Warehouse Space

      Class A industrial space in DeSoto County, Mississippi.
      8835 Commerce Dr, Southaven, MS 38671
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      237,500 SF

      DeSoto County Warehouse Opportunity

      Warehouse in DeSoto County with access to transportation network.
      440 Stateline Rd East, Southaven, MS 38671
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    FAQs

    What type of property is this?
    Medical space - Located in DeSoto County Medical hub, minutes from I-55.
    Where is this medical space located?
    The property is located at 7535 Airways Blvd Southaven, MS.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Located in the DeSoto County Medical hub.; - Minutes from Baptist Hospital.; - Minutes from I-55.
    (901) 260-1058
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    7535 Airways Blvd Southaven, MS 38671
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    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
    7535 Airways Blvd Southaven, MS 38671
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    We can help!
    Listing Contact
    Don Drinkard
    Don Drinkard
    (901) 260-1058 (901) 496-9879
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