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    550 Stateline Rd Southaven, MS 38671

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    For Lease
    Contact for pricing

    Southaven, MS Retail Center - 24,584 SF

    Lot size:
    24,584 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 24,584-square-foot retail space, located at 550 Stateline Rd W in Southaven, Mississippi, presents a significant opportunity for a single-tenant user. Previously occupied by Burlington Coat Factory, this property boasts a prime location within the Stateline Square shopping center in Desoto County, zip code 38671. The center enjoys strong co-tenancy with established retailers including Bargain Hunt, Conn's Home Plus, and Home Decor Outlets, ensuring high foot traffic and visibility. Its strategic position offers convenient access to a substantial customer base, drawing shoppers from the nearby Memphis area. The property's proximity to major retailers such as Walmart, Best Buy, and Kroger further enhances its appeal and accessibility. This location provides excellent exposure and benefits from the established shopping center's existing infrastructure and customer draw. The property is ideal for a variety of retail uses, including but not limited to, department stores, supermarkets, or wholesale operations. This is a rare opportunity to secure a significant retail presence in a thriving commercial area. The property's size and location make it an attractive investment for businesses seeking to establish or expand their operations in a high-traffic, high-visibility location. Contact us today to learn more about this exceptional retail space.

    Property Features for 550 Stateline Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,584 SF

    Unit(s) available at that property

    Space
    Size
    24,584 SF

    HighLights

    • High‑traffic location directly off Interstate 55 (69,000 vehicles per day), providing excellent access to Tunica, MS, a major gaming destination.
    • Prime location on the Mississippi/Tennessee border, benefiting from cross‑state retail traffic due to the significant sales tax differential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bargain Hunt Discount Store Bargain barn store Clothing Store Home Decor Outlets Furniture Store Buck's Bargain Center Hardware Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Southaven
    County
    Desoto
    State
    Mississippi
    Longitude
    -89.999369589682
    Latitude
    34.993809157539

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    FAQs

    What type of property is this?
    Retail property - Southaven, MS Retail Center - 24,584 SF
    Where is this retail property located?
    The property is located at 550 Stateline Rd Southaven, MS.
    What are key features of this property?
    This property features: High-traffic location directly off Interstate 55 (69,000 vehicles per day), providing excellent access to Tunica, MS, a major gaming destination.; Prime location on the Mississippi/Tennessee border, benefiting from cross-state retail traffic due to the significant sales tax differential.;
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    Realmo Value Estimation

    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.

    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.

    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
    550 Stateline Rd Southaven, MS 38671
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