Property profile

125 Solleftea Dr Madison, MS 39110

FOR LEASE
Flex space
Property ID
US50-2002546
5,282 SF 1.25 ac lot Built 1999
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Office/warehouse building with a total area of 4,834 square feet situated on a 1.25-acre (54,450 square feet) lot. Constructed in 1999 and renovated in 2017, the facility has a maximum clear height of approximately 10.4 feet and a steel-frame construction. The layout is configured for single-tenant use, including 2,928 square feet of office space with multiple offices, a reception area, and workrooms, along with 1,906 square feet of warehouse space that features an open area plan, drive-in access, and a maximum clear height consistent with the building’s ceiling height. Two restrooms are provided with convenient access to the warehouse area. The property is located in a commercial zone with access to major roadways and nearby business districts.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1999
Total area 5,282 SF
Lot 1.25 ac (54,450 SF)
APN 072C-05D-002/09
UPID US50-2002546

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

125 Solleftea Dr Madison, MS 39110
Madison metro Census 30203 JACKSON, MS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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