Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2925 Nail Rd E Southaven, MS 38672

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime commercial land for retail development in a growing area.

    Lot size:
    2.40 Acres

    Property Features for 2925 Nail Rd E

    General Information

    Lot size
    2.40 Acres

    We can help!

    Listing Contact
    Bayard Snowden
    Source: Moodyscre

    Listing Agent: Bayard Snowden

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

    Learn more

    Property Insight Report

    Overview

    Retail Development Opportunity in Southaven

    This commercial land presents a retail development opportunity in Mississippi's fastest-growing county. The property is located approximately three miles from Interstate 55 and two miles west of the newly developed Target at Goodman and Pleasant Hill. Memphis International Airport and the FedEx Hub are approximately six miles away. Situated across from Snowden Grove Park, an award-winning sports park, and the 14,000-seat BankPlus Amphitheater, the site is next to Silo Square®, a traditional neighborhood development. This location offers various opportunities for a future user.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Children's Dental Center Dentist Fowler Dental Implants ... Periodontist Dr. Brenda L. ... Dental Implants Periodontist Musgrave Clyde a DDS Dentist North Ms Dental ... Dentist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Southaven
    County
    DeSoto
    State
    Mississippi
    Longitude
    -89.930151
    Latitude
    34.947807

    Nearby Similar for Lease

    • Contact for pricing
      802,091 SF

      Spacious Industrial Warehouse For Rent

      802,091 SF warehouse divisible at 389,316 SF.
      711 Venture Dr, Southaven, MS 38672
      View Details
    • Contact for pricing
      2,133 SF

      Southaven Office/Retail Space For Lease

      2,133 SF space in a popular mixed-use center.
      5960 Getwell Rd, Southaven, MS 38672
      View Details
    • $13 SF/Yr
      13,225 SF

      Former Pharmacy Retail Space Available

      Freestanding retail building in Southaven, MS, for sublease.
      2945 Goodman Rd E, Southaven, MS 38672
      View Details
    • $7 SF/Yr
      18,400 SF

      Desoto Plaza: Medical Office Space

      Main Street Southaven Medical Offices
      1219 Main St, Southaven, MS 38671
      View Details
    • Contact for pricing
      324,801 SF

      Southaven Retail Space Available

      Tanger Outlets: Prime Retail Opportunity
      5205 Airways Blvd, Southaven, MS 38671
      View Details
    • Contact for pricing
      567,640 SF

      Southaven Towne Center Retail Space

      Prime MS Retail Center, 567K SF
      6474 Towne Center Loop, Southaven, MS 38671
      View Details
    • Contact for pricing
      24,584 SF

      Stateline Road Retail Space

      Southaven, MS Retail Center - 24,584 SF
      550 Stateline Rd, Southaven, MS 38671
      View Details
    • Contact for pricing
      1 SF

      Southaven Retail Pad Site Available

      High-traffic location, 0.6-acre lot.
      1160 Goodman Rd, Southaven, MS 38671
      View Details
    • Contact for pricing
      9,100 SF

      Silo Square: Southaven Retail Space

      Prime Southaven retail opportunity. Multiple suites available.
      6233 Getwell Rd, Southaven, MS 38672
      View Details
    • $12 SF/Yr
      5,000 SF

      Prime Flex Space: Southaven, MS

      5,000 SF Flex Space - High Visibility
      7074 302 Industrial Dr, Southaven, MS 38671
      View Details
    • Contact for pricing
      350,356 SF

      Southaven Industrial Space For Lease

      350,356 SF industrial space with convenient logistics access.
      262 Marathon Way, Southaven, MS 38671
      View Details
    • Contact for pricing
      104,845 SF

      Southaven Commons Retail Space

      Prime Southaven retail space, multiple units available.
      775-975 Goodman Rd, Southaven, MS 38671
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime commercial land for retail development in a growing area.
    Where is this commercial land located?
    The property is located at 2925 Nail Rd E Southaven, MS.
    What are key features of this property?
    This property features: - Prime retail development opportunity in the fastest growing county in Mississippi.; - Located across from Snowden Grove Park and the BankPlus Amphitheater.; - Next to Silo Square®, a traditional neighborhood development.
    (901) 331-1675
    Request Owner's contact information
    2925 Nail Rd E Southaven, MS 38672
    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.
    2925 Nail Rd E
    Southaven, MS 38672
    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
    2925 Nail Rd E Southaven, MS 38672
    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

    We can help!
    Listing Contact
    Bayard Snowden
    (901) 331-1675
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.