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Flex Space with Elevated Dock
For Lease
$7,333/Mo

120 Old Runway Road, Tupelo, MS 38801

Commercial Lease, Tupelo, MS

Space Size6,000 SF
Lot Size5.90 Acres
Days on Market343

Property Features for 120 Old Runway Road

General Information

Property type Commercial Lease
Property subtype Other
Subdivision Northwest Tupelo
Standard status Active
Size 16 SF
Lot size 5.90 Acres

Taxes and HOA fees

Tax Description B 2010 P 013386
Legal Description B 2010 P 013386

Building Details

Floors in Building 1
Listing Agency: Wesley Webb Real Estate
Listed By: Robert J. Dexter · License #S-53454
Added: Oct 15, 2025 Changed: Aug 19 Last Checked: Sep 22 at 4:06PM
MLS# 25-3630

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This flex-space property includes a commercial building with a sprinkler system, large air tank, five offices, and six restrooms. Interior clearance reaches 24 feet, with 20-foot eaves supporting a range of commercial and industrial functions. Exterior improvements include concrete-paved parking, a concrete ramp, and an elevated concrete dock.

The 5.9-acre property is served by a 22-foot-wide access easement and offers access to major roads. The tenant is responsible for all utilities.

Key Highlights

  • 6,000 sq ft commercial building with 24‑foot ceiling height
  • Five offices and six restrooms in a separate interior area
  • 20‑foot eaves with sprinkler system and large air tank

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Parking Lot & Garage Skin Care Clinic Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24 ft
Clear height
Yes
Sprinkler system
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

224
Businesses Nearby
Well-served
Demand for This Use

Demographics for 38801, MS

29,795
Population
13,717
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
86%
High-School Grad
73.0 sq mi
ZIP Area
408
Density / Sq Mi
$63,447
Median Household Income
$35,596
Median Earnings
$954
Median Rent
$187,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial building includes office, restroom, and loading improvements.
Where is this flex space located?
The property is located at 120 Old Runway Road Tupelo, MS.
What is the lease rate?
The lease rate is $7,333/Mo.
What are key features of this property?
This property features: 6,000 sq ft commercial building with 24‑foot ceiling height; Five offices and six restrooms in a separate interior area; 20‑foot eaves with sprinkler system and large air tank
More about this property
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