Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Eason Blvd Tupelo, MS 38804
    Back to Search
    Property profile & analytics

    Eason Blvd Tupelo, MS 38804

    View on Map
    • Land
    • 14.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Eason Blvd

    Lot size
    14.00 lot acres
    Property type
    Land

    Description

    This exceptional 14-acre commercial land parcel presents a remarkable investment opportunity in Tupelo, Mississippi. Located at 0 South Eason Blvd, this property boasts approximately 800 feet of frontage along the vibrant mixed-use commercial corridor of East Main (Highway 178) and South Eason Boulevard. Its strategic position offers unparalleled visibility and accessibility, placing it within minutes of Highway 45 and Interstate 22, ensuring convenient access to major transportation routes. The property is zoned for mixed-use commercial development, providing flexibility for a wide range of commercial ventures. The expansive lot size provides ample space for large-scale projects or the potential for subdivision. With its ideal location in a thriving commercial area and its readiness for immediate development, this property represents a significant opportunity for investors seeking high-growth potential. The APN numbers are 008V-34-036-05 and 008Q34-024-01. The asking price is $329,980. This is a truly exceptional opportunity to acquire a prime piece of commercial real estate in a rapidly growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tupelo
    County
    Lee
    State
    Mississippi
    Longitude
    -88.6856
    Latitude
    34.2357

    Comparable in this City

    • Value Estimation by Request
      3.00 Acres

      178 Main St

      Medical Office Space • 3.00 Acres
      178 Main St, Tupelo, MS 38804
      View Details
    • Value Estimation by Request
      67.72 Acres

      Kings Creek Dr

      Land • 67.72 Acres
      0 Kings Creek Dr, Tupelo, MS 38804
      View Details
    • Value Estimation by Request
      14.00 Acres

      Eason Blvd

      Land • 14.00 Acres
      0 Eason Blvd, Tupelo, MS 38804
      View Details
    • Value Estimation by Request
      3.30 Acres

      D Kings Creek Dr

      Land • 3.30 Acres
      D Kings Creek Dr, Tupelo, MS 38804
      View Details
    • Value Estimation by Request
      3.60 Acres

      C Kings Creek Dr

      Land • 3.60 Acres
      C Kings Creek Dr, Tupelo, MS 38804
      View Details
    • Value Estimation by Request
      2,005 SF

      2900 Highway 178

      Manufacturing properties • 2,005 SF
      2900 Highway 178, Tupelo, MS 38804
      View Details

    Similar Nearby for Sale

    • $235,000

      Land For Sale Tupelo

      Land available for sale on N Veterans Memorial Blvd.
      N Veterans Memorial Blvd, Tupelo, MS 38804
      View Details
    • $303,177

      Land For Sale Tupelo, MS

      Land available for purchase in Tupelo, Mississippi.
      938 S Green St, Tupelo, MS 38804
      View Details
    • Contact for pricing

      Land in Bordeaux Village, Tupelo

      Land conveniently located in North Tupelo with easy access.
      1923 Bordeaux Lot 11 Ln, Tupelo, MS 38804
      View Details
    • $8,000,000

      Land Available in Tupelo, MS

      Land for sale at 2255 N Veterans Memorial Blvd, Tupelo, MS.
      2255 N Veterans Memorial Blvd, Tupelo, MS 38804
      View Details
    • $125,000
      13.00 Acres

      Tupelo Land Opportunity

      Approximately 13 acres of land for sale in Tupelo.
      Carnation St, Tupelo, MS 38804
      View Details
    • $100,000

      Land Available in Tupelo, MS

      Land for sale at 800 N Veterans Memorial Blvd.
      800 N Veterans Memorial Blvd, Tupelo, MS 38804
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Tupelo Warehouse with Dock Doors

      20,000 SF warehouse near major highways with dock doors.
      2826 Ms-178, Tupelo, MS 38804
      View Details
    • Contact for pricing

      Retail Space in Regional Hub

      Located in a high-traffic retail trade area.
      4376 Mall Dr, Tupelo, MS 38804
      View Details
    • $18 SF/Yr
      2,016 SF

      Retail Space in Tupelo

      Retail space available for lease in Tupelo, Mississippi.
      1167 S Green St, Tupelo, MS 38804
      View Details
    • Contact for pricing

      Retail Pad Site For Lease

      Retail pad site available for ground lease in Tupelo, MS.
      3982 N Gloster St, Tupelo, MS 38804
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in Tupelo

      Retail space available in a busy Tupelo shopping center.
      1001 Barnes Crossing Rd, Tupelo, MS 38804
      View Details
    • Contact for pricing

      Retail Space in Tupelo Center

      Retail spaces available in a busy shopping center.
      3875 N Gloster St, Tupelo, MS 38804
      View Details
    Request Owner's contact information
    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.
    Eason Blvd
    Tupelo, MS 38804
    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
    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

    Thank You for Inquiry
    Eason Blvd, Tupelo, MS, 38804
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!