Commercial Real Estate Market in Southaven, MS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
41 active listings and 572 off-market properties in Southaven, MS. Commercial property asks $198/SF to buy (based on 4 listings) and $20.81/SF/Yr to lease (based on 4 listings).
Market Trends
Southaven, MS spans 35.2 square miles in DeSoto County, Mississippi. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Southaven, MS runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Southaven, MS runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Southaven, MS runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Southaven, MS runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 52%
- Planned_development 28.9%
- Commercial 14.1%
- Industrial 3.8%
- Civic 0.2%
- Mixed use 0.1%
Largest Zones share of zoned land by district
The purpose of the planned unit development district is to provide for the development of planned total communities that provide a full range of residential types as well as certain commercial and office uses designed to serve the inhabitants of the districts consistent with the comprehensive plan
Market overview
Demographics & Economy
Southaven, MS has 51,939 residents in 21,564 households. Density runs 1,474 people per square mile. Median household income here is $76,688 and median gross rent $1,587 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Horn Lake | $242 | $16.91 |
| Memphis | $102 | $15.99 |
| Olive Branch | $86 | $22.00 |
Commercial property in Southaven, MS asks $198/SF. The 3 bordering markets run from $86/SF in Olive Branch to $242/SF in Horn Lake, and the city sits above their $102/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Southaven?
How much does it cost to lease commercial space in Southaven?
How does Southaven compare to nearby markets on price?
Where does Realmo's Southaven market data come from?
Methodology & data sources
- Asking prices and medians
- There are 17 active for-sale and 24 active for-lease listings in Southaven, MS. The medians are based on 4 of the for-sale and 4 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 26,192 zoned acres across 23 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
