Property profile

8963 Ms-178 Olive Branch, MS 38654

OFF-MARKET
Retail properties & Spaces
10,235 SF 2.27 ac lot
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Property summary

AI-generated overview

This exceptional commercial property, known as Westbranch Center, presents a unique investment opportunity in Olive Branch, Mississippi. Situated on a 2.27-acre lot at 8963 MS-178, zip code 38654, this property comprises two buildings totaling 20,235 square feet, offering flexibility for various uses. Building A, encompassing 10,000 square feet, is currently 100% leased, providing immediate and stable income. Building B, offering 10,235 square feet of space, is available for lease, presenting an opportunity to generate additional rental income or occupy for owner-use. The property's zoning allows for office, retail, or shop space, catering to a diverse range of businesses. Its strategic location benefits from high traffic counts, with Highway 178 boasting an average annual daily traffic (AADT) of 7,800 vehicles and Goodman Road exhibiting an impressive AADT of 30,000 vehicles. Both buildings are available for sale individually or as a combined package, making this a highly versatile and attractive investment prospect in a thriving Mississippi market. The property is classified as Retail and Office, with a subtype of Executive Office. This presents a rare opportunity to acquire a well-located, income-producing property with significant growth potential. The property is located in DeSoto County.

Property profile

Verified
Property type Retail properties & Spaces
Total area 10,235 SF
Lot 2.27 ac (98,881 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8963 Ms-178 Olive Branch, MS 38654
Olive Branch metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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