Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Calhoun Sta Pkwy Madison, MS 39110
    Back to Search
    Property profile & analytics

    Calhoun Sta Pkwy Madison, MS 39110

    View on Map
    • Retail properties & Spaces
    • 19,400 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Calhoun Sta Pkwy

    Year built
    24
    Property size
    19,400 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    The Platz, a newly constructed medical office complex in Madison, MS, offers exceptional space for a variety of medical practices. This two-building complex boasts a total of 19,400 square feet of versatile space, with a minimum divisible unit of 1,534 square feet and the potential to lease the entire 19,400 square feet contiguously. Ten individual suites are available within the buildings, providing flexibility for practices of all sizes. Located conveniently on Calhoun Station Pkwy, near Gluckstadt Road, the property benefits from ample parking and a prime location. The buildings were constructed in 2024 and are zoned C2, allowing for a range of medical and related businesses. One building features 3,000 square feet of standalone space, ideal for a larger tenant. The property's design offers a unique aesthetic, described as having a "German feel." The property is situated behind Sullivan's, providing excellent visibility and accessibility. Potential tenants could include, but are not limited to, medical supply retailers, insurance agents, or other medical professionals. The property's size and layout make it suitable for a variety of medical office configurations. Inquire today to learn more about leasing opportunities at this exceptional Madison, MS medical office complex. The zip code is 39110.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Mississippi
    Longitude
    -90.1001
    Latitude
    32.55

    Comparable in this City

    • Value Estimation by Request
      4,000 SF

      311 Calhoun Sta Pkwy

      Restaurants • 4,000 SF
      311 Calhoun Sta Pkwy, Madison, MS 39110
      View Details
    • Value Estimation by Request

      953 Us-51

      Medical Office Space
      953 Us-51, Madison, MS 39110
      View Details
    • Value Estimation by Request

      272 Calhoun Sta Pkwy

      Restaurants
      272 Calhoun Sta Pkwy, Madison, MS 39110
      View Details
    • Value Estimation by Request
      97,000 SF

      1026 Baptist Cir

      Medical Office Space • 97,000 SF
      1026 Baptist Cir, Madison, MS 39110
      View Details
    • Value Estimation by Request
      10,000 SF

      Calhoun Sta Pkwy

      Restaurants • 10,000 SF
      0 Calhoun Sta Pkwy, Madison, MS 39110
      View Details
    • Value Estimation by Request
      1,500 SF

      102 Dees Dr

      Office Spaces • 1,500 SF
      102 Dees Dr, Madison, MS 39110
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Galleria Parkway Commercial Development Opportunity

      Prime commercial land in Madison, MS, ideal for development.
      382 Galleria Pkwy, Madison, MS 39110
      View Details
    • $1,395,000
      56,628 SF

      Madison Office Building Investment

      Prime Madison Office, 56,628 SF
      118 Homestead Dr, Madison, MS 39110
      View Details
    • $3,381,345
      13.00 Acres

      Gluckstadt Commercial Land with Office

      13 acres in growing Gluckstadt area with office space.
      336 Old Jackson Rd, Madison, MS 39110
      View Details
    • Contact for pricing
      4,331 SF

      Mixed-Use Commercial Condo For Sale

      4,331 SF commercial condo in prime location.
      101 Port St, Madison, MS 39110
      View Details
    • Contact for pricing
      7,000 SF

      New Retail Construction on Main

      100% leased retail property in high-traffic location.
      1917 Main St, Madison, MS 39110
      View Details
    • $4,175,000
      12,000 SF

      Turnkey Facility in High-Growth Corridor

      Premier 12,000 SF facility on 1.91 acres in Gluckstadt.
      112 Dees Dr, Madison, MS 39110
      View Details

    Similar Nearby for Lease

    • $4,500 /Mo
      43,560 SF

      Madison Commercial Property For Lease

      C-2 zoned commercial property with great visibility and easy access.
      573 S 51, Madison, MS 39110
      View Details
    • $22 SF/Yr

      Madison Market Retail/Office Space

      Centrally located shopping center with flexible retail/office spaces.
      1029 Us-51, Madison, MS 39110
      View Details
    • $3,750 /Mo
      1,875 SF

      Gluckstadt Commercial Space For Rent

      Prime commercial space in a rapidly growing city.
      148 Weisenberger Rd Lot, Gluckstadt, MS 39110
      View Details
    • Contact for pricing
      4,834 SF

      Madison Office/Warehouse Property For Rent

      Versatile office and warehouse space in a growing commercial zone.
      125 Solleftea Dr, Madison, MS 39110
      View Details
    • $1,600 /Mo
      700 SF

      Office Space Near I-55

      Office space with conference room, easily reconfigured, near I-55.
      1 Woodgreen Pl, Madison, MS 39110
      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.
    Calhoun Sta Pkwy
    Madison, MS 39110
    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
    Calhoun Sta Pkwy, Madison, MS, 39110
    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!