Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Property in Growing Olive Branch Title is generated by Realmo AI

    14800 Goodman Rd, Olive Branch, MS

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail property located in a fast-growing area near industrial parks.

    Type:RETAIL
    Property size:
    10,640 SF
    Lot size:
    2.76 Acres
    Price / SF:
    $285/SF
    Added:
    Aug 19, 2025
    Days on Market:
    272
    Last Refresh:
    Apr 5 at 11:29 pm

    Property Features for 14800 Goodman Rd

    General Information

    Standard status
    Active
    Size
    10,640 SF
    Lot size
    2.76 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Brian Phillips

    Listing agent Brian Phillips

    Listing office Randall Commercial Group

    Listing date Aug 19, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Randall Commercial Group

    HighLights

    • Located on Goodman Rd/Hwy 302 near Olive Branch's industrial parks.
    • Located at the entrance of The Retreat neighborhood.
    • Olive Branch named one of the fastest growing cities in the United States.
    • Olive Branch has the best public schools in the State.
    • Brick DG Market property.
    • Olive Branch is part of the Memphis MSA.

    Overview

    This retail property is a brick DG Market located on Goodman Rd / Hwy 302, situated near the industrial parks of Olive Branch. The property is positioned at the entrance of The Retreat neighborhood. Olive Branch is part of the Memphis Metropolitan Statistical Area and has been recognized as one of the fastest-growing cities in the United States. The city is also known for having some of the best public schools in the state. The property has a size of 10640 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Nail Salon Department Store Garden Center Discount Store (Bike/Boat/Book/etc) Store Veterinary Clinic

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

    Similar Places Nearby

    • Target Grocery — 5150 Goodman Rd, Olive Branch, MS 38654

    Location Insight

    • Map
    • Local Demand
    City
    Olive Branch
    County
    DeSoto
    State
    Mississippi
    Longitude
    -89.7267
    Latitude
    34.9645

    Nearby Similar for Sale

    • $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 Road, Olive Branch, MS 38654
      View Details
    • $120,000

      Olive Branch Office Potential Land

      Land with office potential in Olive Branch, Mississippi.
      Westbranch Road lot: 23, Olive Branch, MS 38654
      View Details
    • $185,000
      3,400 SF

      Commercial Site in Olive Branch

      Commercial site with building on Highway 178 and Maywood.
      8205 Highway 178, Olive Branch, MS 38654
      View Details
    • Contact for pricing
      15,000 SF

      Olive Branch Industrial Space Available

      15,000 SF industrial space with office in Olive Branch.
      8470 Summit CV, 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

      New Retail Strip Center

      New retail strip center in high-traffic industrial area.
      9150 Hacks Cross, Olive Branch, MS 38654
      View Details
    • Contact for pricing

      Professional Office Building For Sale

      Two-story office building ideal for medical, professional, or service users.
      7289 Goodman Rd, Olive Branch, MS 38654
      View Details
    • Contact for pricing
      69,025 SF

      Olive Branch Retail Center For Sale

      69,025 SF retail center in Olive Branch, Mississippi.
      7037-7169 Hacks Cross Road, Olive Branch, MS 38654
      View Details
    • Contact for pricing
      42,000 SF

      Olive Branch Retail Center For Sale

      42,000 SF retail center with available spaces.
      7108-7164 Hacks Cross Road, Olive Branch, MS 38654
      View Details
    • Contact for pricing
      82,500 SF

      Industrial Warehouses Near Olive Branch Airport

      Two 82,500 SF industrial warehouses for sale near Olive Branch.
      10665 Ridgeway Industrial Dr, 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
      12,000 SF

      Retail Center with Credit Tenants

      12,000 SF retail center 100% occupied by credit tenants.
      5025 Church Road, Olive Branch, MS 38654
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Retail property located in a fast-growing area near industrial parks.
    Where is this grocery and convenience store located?
    The property is located at 14800 Goodman Rd Olive Branch, MS.
    What is the asking price?
    The asking price for this property is $3,041,354.
    What are key features of this property?
    This property features: Located on Goodman Rd/Hwy 302 near Olive Branch's industrial parks.; Located at the entrance of The Retreat neighborhood.; Olive Branch named one of the fastest growing cities in the United States.
    (662) 638-0722 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brian Phillips
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    14800 Goodman Rd, Olive Branch, MS
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!