Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8950 Hacks Cross Rd Olive Branch, MS 38654

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Massive warehouse, ideal for large operations.

    Lot size:
    238,952 SF

    Property Features for 8950 Hacks Cross Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    238,952 SF

    Building Details

    Year Built
    1998

    Spaces For Lease

    at 8950 Hacks Cross Rd, Olive Branch, MS 38654 Contact us

    We can help!

    Listing Contact
    Hank Martin

    Listing Agent: Hank Martin

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 238,952-square-foot warehouse, located at 8950 Hacks Cross Road in Olive Branch, Mississippi, presents a significant leasing opportunity. Built in 1998, the single-tenant property boasts a substantial 238,952 square feet of vacant space, ready for immediate occupancy. The warehouse features a 22-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are facilitated by 37 dock-high doors and a single drive-in door. Ample parking is available on-site to accommodate employees and visitors. The property is powered by a robust 4,000 AMP, 480-volt, 3-phase electrical system, ensuring sufficient power for even the most demanding operations. Situated in DeSoto County, zip code 38654, this warehouse offers a strategic location with easy access to major transportation routes. The property's size and features make it suitable for a wide range of industrial and warehousing businesses seeking a large, well-equipped space in a convenient location. This is a rare opportunity to secure a substantial warehouse in a thriving Mississippi market. Contact us today to schedule a viewing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Department Store Kitchen & Bath Showroom Storage Facility HVAC Service Discount 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
    -89.7941428
    Latitude
    34.9909615

    Nearby Similar for Lease

    • $2,000 /Mo
      7,344 SF

      New Commercial Space in Olive Branch

      Modern commercial space ideal for retail, office, or service businesses.
      7550 Alexander Rd, Olive Branch, MS 38654
      View Details
    • $2,200 /Mo
      7,344 SF

      New Commercial Space in Olive Branch

      Modern commercial space ideal for retail, office, or service businesses.
      7550 Alexander Rd Lot Bay, Olive Branch, MS 38654
      View Details
    • $2,000 /Mo
      7,344 SF

      New Commercial Space in Olive Branch

      Modern commercial space ideal for retail, office, or service businesses.
      7550 Alexander Rd Lot Bay, Olive Branch, MS 38654
      View Details
    • $3,150 /Mo
      1,260 SF

      Olive Branch Commercial Space Available

      1,260 SF commercial space in high-traffic Olive Branch location.
      10680 Goodman Rd, Olive Branch, MS 38654
      View Details
    • Contact for pricing
      60,000 SF

      Olive Branch Warehouse Space Available

      60,000 SF warehouse space with office in Olive Branch.
      8735 Nail Rd, Olive Branch, MS 38654
      View Details
    • $12 SF/Yr
      8,065 SF

      Modern Office Space in Olive Branch

      Premier office space with customizable floor plans and modern amenities.
      8804 Caroma St, Olive Branch, MS 38654
      View Details
    • $16 SF/Yr
      2,500 SF

      Retail Space For Rent

      Retail space available for lease in Olive Branch, MS.
      7796 Craft Goodman Rd, Olive Branch, MS 38654
      View Details
    • $8,500 /Mo
      8,000 SF

      Olive Branch Warehouse For Lease

      8,000 SF warehouse with office space available for lease.
      8765 Old Craft Rd, Olive Branch, MS 38654
      View Details
    • Contact for pricing
      73,770 SF

      DeSoto County Lease Opportunity

      Lease opportunity available in DeSoto County, Mississippi.
      8950 Hacks Cross Rd, Olive Branch, MS 38654
      View Details
    • $399,000
      2,690 SF

      Premier Office Space in Olive Branch

      Modern office space with flexible floor plans in Olive Branch.
      8136 Industrial Dr, Olive Branch, MS 38654
      View Details
    • Contact for pricing

      Olive Branch Retail/Office Space

      Retail and office spaces available for lease in Olive Branch.
      8963 Highway 178, Olive Branch, MS 38654
      View Details
    • $15 SF/Yr
      15,000 SF

      Retail Space in Commercial Hub

      Customizable retail space with ample parking and high visibility.
      4646 Highway 305 N, Olive Branch, MS 38654
      View Details

    FAQs

    What type of property is this?
    Distribution property - Massive warehouse, ideal for large operations.
    Where is this distribution property located?
    The property is located at 8950 Hacks Cross Rd Olive Branch, MS.
    What are key features of this property?
    This property features: 22-foot clear height ceilings.; 3,500 square foot main office.; Warehouse break room and training room.
    (901) 526-3100 Call to check price and availability
    Request Owner's contact information
    8950 Hacks Cross Rd 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.
    8950 Hacks Cross Rd
    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
    8950 Hacks Cross Rd 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!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Hank Martin
    Real Estate License ID: TN 255708
    (901) 526-3100 (901) 201-0774
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!