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Property profile & analytics
OFF-MARKET
Community centers
188 Goodman W Rd Southaven, MS 38671-9405
Individually Owned
9-yr Hold
Free & Clear
Property ID
US50-0205212
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1987
Construction
METAL FRAME
Total area
3,200 SF
Lot
0.38 ac (16,427 SF)
Zoning code
C-4
APN
1-08-7-25-01-0-00001-00
UPID
US50-0205212
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
-
Midas (Bike/Boat/Book/etc) Store Auto Parts Store
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
Ernest Douell · 9 yrs held
Ernest Douell
since 2017
1 recorded transaction
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
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 Southaven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southaven 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
$3,833
Tax year 2023
Assessed value
$26,389
Assessed 2023
Previous assessed
$26,389
+0.0% YoY
Effective rate
14.52%
On assessed value
Land market value
$93,360
Improvement market value
$82,566
Total market value
$175,926
Applied tax rate
4,400.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1987
Construction
METAL FRAME
Heating
NONE
Total area
3,200 SF
Lot
0.38 ac (16,427 SF)
Zoning code
C-4
APN
1-08-7-25-01-0-00001-00
UPID
US50-0205212
Jurisdiction
DESOTO
Zoning & alternative use
C-4 · Southaven, MSZoning C-4 · permitted uses
C-4 · Southaven, MS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · 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 ranging from a neighborhood to the entire urban area
Zone name
Planned Commercial
General category
COMMERCIAL
Zone area
1,367.12 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1987
Construction
METAL FRAME
Heating
NONE
Lot
0.38 ac
Current owner
From public records · entity-resolved
Ernest Douell
Individual
Free & Clear · 9 yrs held
Mailing address
4153 SYCAMORE RD, COLDWATER, MS 38618-7767
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2017
—
Ernest Douell
E & W Auto & Truck Service INC
Quit Claim Deed
related
—
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.
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