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Property profile & analytics
OFF-MARKET
Warehouses
11363 Progress Way Olive Branch, MS 38654-2580
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US50-1254804
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2021
Lot
28.71 ac (1,250,751 SF)
Zoning code
PB
APN
1-06-7-36-05-0-00014-00
UPID
US50-1254804
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rw Legacy Park 7 Owner LLC · 1 yrs held
Rw Legacy Park 7 Owner LLC
since 2024
2 recorded transactions
Zoning & alternative use
PB · Olive Branch, MS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Planned Business zoning district is to foster stability and growth in light industry, research and development, and similar industries that are enhanced by access to transportation networks and that provide desirable employment opportunities for the general welfare of the community. The Planned Business Park District areas target relativel…
Zone name
Planned Business
General category
COMMERCIAL
Zone area
266.89 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Olive Branch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Olive Branch submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$336,120
Tax year 2023
Assessed value
$3,590,642
Assessed 2023
Previous assessed
$3,590,642
+0.0% YoY
Effective rate
9.36%
On assessed value
Land market value
$2,130,750
Improvement market value
$21,806,860
Total market value
$23,937,610
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2021
Lot
28.71 ac (1,250,751 SF)
Zoning code
PB
APN
1-06-7-36-05-0-00014-00
UPID
US50-1254804
Jurisdiction
DESOTO
Zoning & alternative use
PB · Olive Branch, MSZoning PB · permitted uses
PB · Olive Branch, MS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the Planned Business zoning district is to foster stability and growth in light industry, research and development, and similar industries that are enhanced by access to transportation networks and that provide desirable employment opportunities for the general welfare of the community. The Planned Business Park District areas target relatively large, contiguous land areas that can be developed according to a unified plan in a high-quality, campus-like setting rather than on a lot-by-lot basis
Zone name
Planned Business
General category
COMMERCIAL
Zone area
266.89 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2021
Lot
28.71 ac
Current owner
From public records · entity-resolved
Rw Legacy Park 7 Owner LLC
Entity
Mailing address
9800 HILLWOOD PKWY STE #300, FORT WORTH, TX 76177-1552
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2024
—
Rw Legacy Park 7 Owner LLC
Legacy Park Bldg 7 INC
Special Warranty Deed
$30,500,000 · State Farm Mutual Automobile Insura
Feb 20, 2024
—
Legacy Park Bldg 7 INC
—
Deed
related
$36,800,000 · Fs Creit Originator LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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