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

    9320 Railroad Ave Olive Branch, MS 38654

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $249,900

    Office suites with warehouse space on a 1.42-acre lot.

    Lot size:
    1.46 Acres

    Property Features for 9320 Railroad Ave

    General Information

    Standard status
    Active
    Lot size
    1.46 Acres

    We can help!

    Listing Contact
    Roger Palmer
    Source: Exprealty

    Listing Agency: olive branch realty Listing Agent: Roger Palmer

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

    Learn more

    Overview

    Office and Warehouse Space Available

    This property features office space suitable for company use or leasing. The building includes three office suites, two half bathrooms, a large conference room, a kitchen, and a break room. A full basement with an overhead door provides storage or warehouse space. The property is situated on a 1.42-acre lot and is zoned C-3, making it a potential investment opportunity. Additionally, there is a detached building available for extra storage.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Olive Branch
    County
    DeSoto
    State
    Mississippi
    Longitude
    -89.824648
    Latitude
    34.963041

    Nearby Similar for Sale

    • $920,000
      5,542 SF

      Spacious Home with Furnished Guest House

      Six-bedroom home with a separate furnished guest house on 2.75 acres.
      268 Bonnie Blue Cv, Olive Branch, MS 38654
      View Details
    • $3,500,000
      5,570 SF

      Modern Gas Station and Store

      High-performing gas station and convenience store in Olive Branch, MS.
      7641 Hacks Cross Rd, Olive Branch, MS 38654
      View Details
    • $210,000
      3,400 SF

      Olive Branch Commercial Site For Sale

      Commercial site with existing building, suitable for various business uses.
      8205 Highway 178, Olive Branch, MS 38654
      View Details
    • $8,665,000
      36,193 SF

      Fully Occupied Retail Center

      Retail center with strong national tenant mix in Olive Branch.
      5155 Goodman Rd, Olive Branch, MS 38654
      View Details
    • $3,750,000
      43,309 SF

      Olive Branch Industrial Facility

      43,309 SF industrial building with expansion potential.
      8472 Industrial Dr, Olive Branch, MS 38654
      View Details
    • Contact for pricing
      465,000 SF

      Olive Branch Industrial Facility

      465,000 SF industrial building on 19.48 acres for sale.
      11200 Wildwood Dr, Olive Branch, MS 38654
      View Details
    • $4,342,778
      42,130 SF

      Mid South Center Shopping Center

      42,130 SF shopping center with 97% occupancy.
      6219 Highway 305 N, Olive Branch, MS 38654
      View Details
    • $2,200,000

      Freestanding Restaurant with Drive-Thru

      2,930 SF restaurant with drive-thru on Hacks Cross Road.
      7015 Hacks Cross Rd, Olive Branch, MS 38654
      View Details
    • Contact for pricing
      95,000 SF

      Olive Branch Warehouse with Rail

      95,000 SF warehouse with rail access and heavy power.
      10633 High Point Rd, Olive Branch, MS 38654
      View Details
    • $3,041,354
      10,640 SF

      Retail Property in Growing Olive Branch

      Retail property located in a fast-growing area near industrial parks.
      14800 Goodman Rd, Olive Branch, MS 38654
      View Details
    • Contact for pricing
      12,000 SF

      Retail Center with Credit Tenants

      12,000 SF retail center 100% occupied by credit tenants.
      5025 Church Road Ext, Olive Branch, MS 38654
      View Details
    • $120,000
      0.74 Acres

      Olive Branch Office Potential Land

      Land with office potential in Olive Branch, Mississippi.
      Westbranch Rd, Olive Branch, MS 38654
      View Details

    FAQs

    What type of property is this?
    Office space - Office suites with warehouse space on a 1.42-acre lot.
    Where is this office space located?
    The property is located at 9320 Railroad Ave Olive Branch, MS.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: - 1.42 acre lot zoned C-3, ideal for various commercial uses.; - **Full basement with overhead door, suitable for storage or warehouse space.**; - Three office suites, offering flexibility for company use or leasing.
    (662) 893-2303
    Request Owner's contact information
    9320 Railroad Ave Olive Branch, MS 38654
    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.
    9320 Railroad Ave
    Olive Branch, MS 38654
    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
    9320 Railroad Ave Olive Branch, MS 38654
    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
    Roger Palmer
    (662) 893-2303
    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.