806 Garfield St Tupelo, MS 38801
COMMERCIAL - Tupelo, MS
Property Features for 806 Garfield St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Mixed Use
- Standard status
- Active
- Size
- 3,305 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Description
- Book 0405 Page 556
- Tax Annual Amount
- 7571
Building Details
- Year built
- 1972
- Floors in Building
- 1
Listing agent Mikey Hunter License #S-56843 (662) 871-0996
Listing office TM REALTORS 210 E Main St., Tupelo, MS (662) 842-3844
Listing date Jul 13, 2026
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.
The building is located at 806 Garfield St in Tupelo, Mississippi (Lee County).
Key Highlights
- Built in 1972
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.6k | $15.00 |
| − Vacancy | −$10.9k | −$3.30 |
| EGI | $38.7k | $11.70 |
| − OpEx | −$9.7k | −$2.93 |
| NOI | $29.0k | $8.78 |
