Listing Agency: KW Commercial Memphis Central Southaven

Listed By: Rhodes Thompson · License #MS MS

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 1:54AM

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Investment Insights

Based on property information with market context.

This retail space is currently occupied by a tenant, providing an established rental use within the property. The building is located at 6609 Old Hwy 61 in Walls, Mississippi.

Key Highlights

• Currently occupied by a tenant
• Located at 6609 Old Hwy 61 in Walls, MS 38637

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Building Supply Real Estate Agency Storage Facility Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

56

Businesses Nearby

2k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Valero Energy Shops & Services

1,984 visits/mo 0.5 miles

Demographics for 38637, MS

26,736

Population

10,829

Households

2.5

Avg Household Size

33

Median Age

17%

College-Educated

86%

High-School Grad

15.8 sq mi

ZIP Area

1,692

Density / Sq Mi

$56,847

Median Household Income

$36,964

Median Earnings

$1,293

Median Rent

$158,900

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Existing rental occupancy provides an established use for this commercial space.

Where is this retail space located?

The property is located at 6609 Old Hwy 61 Walls, MS.

What are key features of this property?

This property features: Currently occupied by a tenant; Located at 6609 Old Hwy 61 in Walls, MS 38637