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    5036 Goodman Rd Olive Branch, MS 38654

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space in Olive Branch, MS

    Lot size:
    18,827 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Wedgewood Commons, located at 5036 Goodman Road in Olive Branch, Mississippi (zip code 38654), presents a compelling retail investment opportunity. This multi-tenant property offers a diverse range of spaces suitable for restaurants, service businesses, medical offices, or general office use. Situated in Desoto County, the center benefits from its prime location on a high-traffic section of Goodman Road, ensuring excellent visibility and accessibility for potential customers. The property's strategic position within the Memphis Metropolitan Statistical Area (MSA), just minutes from Downtown Memphis, provides access to a large and diverse consumer base. Strong demographics and a desirable tenant mix further enhance the property's appeal. The center's location offers high visibility and excellent traffic counts, making it an ideal choice for businesses seeking a thriving retail environment. This property is an excellent opportunity for investors seeking a well-located, multi-tenant retail center with strong potential for growth and return. The property's latitude and longitude coordinates are 34.96397445173383 and -89.90034965133877 respectively.

    Property Features for 5036 Goodman Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,827 SF

    Unit(s) available at that property

    Space
    Suite 10
    Size
    1,572 SF
    Space
    Suite 11
    Size
    3,070 SF
    Space
    Suite 16
    Size
    1,335 SF
    Space
    Suite 21
    Size
    4,178 SF
    Space
    Suite 22
    Size
    5,082 SF
    Space
    Suite 24
    Size
    3,590 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical space

    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
    Olive Branch
    County
    Desoto
    State
    Mississippi
    Longitude
    -89.900349651339
    Latitude
    34.963974451734

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    FAQs

    What type of property is this?
    Restaurant - High-traffic retail space in Olive Branch, MS
    Where is this restaurant located?
    The property is located at 5036 Goodman Rd Olive Branch, MS.
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    5036 Goodman Rd Olive Branch, MS 38654
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    Olive Branch, MS 38654
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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
    5036 Goodman Rd Olive Branch, MS 38654
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