Property profile

1345 Palmetto Rd Tupelo, MS 38801

OFF-MARKET
Office buildings
Property ID
US50-0534675
2,952 SF Built 1970
Individually Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Commercial property in Tupelo, Mississippi consisting of two buildings that include a shop, a warehouse, and an office. The property totals about 4,500 square feet and is situated on a 0.78-acre lot. It is equipped with automotive repair machinery and tools, including an air compressor, tire machine, balancer, two four-post lifts and one two-post lift, a blast machine, stone machine, lathe, press, and three testers, along with additional tools and an inventory of starters, alternators, and a drill press. The premises are arranged and equipped to support automotive repair operations, with the business operating history reflected by the installed equipment; the business name is not specified as part of the described real estate.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Total area 2,952 SF
APN 107D-25-062-00
UPID US50-0534675

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
  • Auto Repair Shop
  • Auto Parts Store

Location

1345 Palmetto Rd Tupelo, MS 38801-9088
Tupelo metro Census 951002 TUPELO, MS MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2023
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1345 Palmetto Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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