5627 Getwell RdSouthaven, MS 38672

  • Office properties
  • 5,754 SF
For Lease
$26.04/SF/YR View listing

Property Details for 5627 Getwell Rd

Year built
2007
Construction
BRICK
Lot size
1.21 AC
Property size (Sq ft)
5,754 SF
Zone code
PUD
Property type
Office properties
Property subtype
Other office properties
APN
2-07-2-04-18-0-00001-01
APU
2072041800000101

Description

This exceptional retail opportunity presents 18,000 square feet of prime commercial space within the Shops of Deerchase, situated at 5627 Getwell Road in Southaven, Mississippi, zip code 38672. The property is a multi-tenant strip center ideally located along the bustling Getwell Road corridor, offering high visibility and accessibility to a significant customer base. The center is configured to accommodate multiple tenants, with a minimum divisible space of 1,200 square feet and a maximum contiguous space also of 1,200 square feet. This makes it perfect for a variety of retail businesses seeking a well-positioned location in a thriving commercial area. The property's strategic placement ensures convenient access for customers and excellent exposure to high traffic volumes. This presents a unique chance to establish or expand a retail presence in a dynamic and rapidly growing market. The address is 5627 Getwell Rd, Southaven, MS 38672, with GPS coordinates of 34.9425926 latitude and -89.9373295 longitude. This retail center offers a strong foundation for success in a vibrant commercial environment. The property type is retail, specifically a strip center. Serious inquiries are encouraged to explore this promising investment opportunity.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $829,060
    6.5%
    $765,286
    7%
    $710,623
  • Comparable approach

    Method
    Valuation
    Relative Method
    $448,582
    Geo Method
    $448,582
  • Alternative Use

    Use
    Valuation
    Residential
    $948,955
    Hospitality
    $869,238
    Educational
    $723,196
    Medical
    $748,067
    Retail
    $1,124,971
5627 Getwell Rd, Southaven, Mississippi
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Location Insight

City
Southaven
County
Desoto
State
Mississippi
Latitude
34.9426
Longitude
-89.9379
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,888
-
-
$109,751
-
$158,000
$573,670
$731,670

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