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Property profile & analytics
FOR SALE
Medical Office Space

125 Guthrie Dr Southaven, MS 38671

10,413 SF 2.94 ac lot Built 1996
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US50-0165962
Property summary
AI-generated overview

This exceptional 0.75-acre commercial land parcel presents a remarkable investment opportunity in Southaven, Mississippi. Situated in DeSoto County's thriving medical corridor, this property boasts an unparalleled location at the northeast quadrant of Goodman Road and Airways Boulevard, ensuring excellent visibility and accessibility. The site is ideally suited for medical or office development, capitalizing on the area's robust healthcare sector and strong demand for commercial space. Its strategic placement provides convenient access to a wide array of restaurants and retail amenities, enhancing its appeal to both businesses and employees. The land is priced at $10 per square foot, representing a compelling value proposition for developers seeking a prime location within a rapidly growing market. The address is 125 Guthrie Drive, Southaven, MS 38671. This property offers significant potential for substantial returns, making it an attractive investment for discerning buyers. The property is zoned for commercial use (verification required). The site's location within the medical corridor offers proximity to existing medical facilities and a large pool of potential patients and employees. The high traffic count on Goodman Road and Airways Boulevard ensures significant visibility for any development on this site.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 1996
Construction BRICK
Total area 10,413 SF
Lot 2.94 ac (127,867 SF)
Zoning code C-4
APN 1-07-9-30-14-0-00004-00
UPID US50-0165962
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
Current use
Occupant on record · Public records
  • Chauhan Ravi D MD Physician Medical Clinic
  • Robert S. Hollabaugh, Jr., M.D., FACS Physician Medical Clinic
  • Thomas Berkley Shelton Physician Medical Clinic
  • Ravi Dinesh Chauhan Physician Medical Clinic
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
Wolf River Realty LLC · 4 yrs held
Wolf River Realty LLC
since 2022
2 recorded transactions
2022
Price N/A
2019
Price N/A
Zoning & alternative use
C-4 · Southaven, MS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

This district is intended to permit the development and maintenance of planned commercial developments, including shopping centers, characterized by single structure or an integrated complex of structures with planned building locations, parking and loading areas, driveways and landscaping. Such planned commercial developments may be designed to serve areas…

Zone name Planned Commercial
General category COMMERCIAL
Zone area 1,367.12 ac
Source Realmo
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