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    Property profile & analytics

    2400 Stateline Rd Southaven, MS 38671

    • Warehouses
    • 811,203 SF
    • 48.60 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 10, 2023
    Location Intelligence
    Property ID
    US50-0658107
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • GXO / Logistics Service

    Property Details for 2400 Stateline Rd

    Year built
    2001
    Lot size
    48.60 lot acres
    Property size
    811,203 SF
    Zone code
    M-1
    Property type
    Warehouses
    APN
    1-08-5-15-00-0-00007-00
    APU
    1085150000000700

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Southaven
    County
    Desoto
    State
    Mississippi
    Longitude
    -90.0343
    Latitude
    34.9934
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $729,738
    $0.00
    $0.00
    $5,035,875
    -
    $3,578,250
    $29,994,248
    $33,572,498

    Comparable in this City

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    • Value Estimation by Request
      374,928 SF

      1560 Stateline E Rd

      WAREHOUSE, STORAGE • 374,928 SF
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    • Value Estimation by Request
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      7337 Airways Blvd

      WAREHOUSE, STORAGE • 93,364 SF
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      217,427 SF

      4300 Old Airways Blvd

      WAREHOUSE, STORAGE • 217,427 SF
      4300 Old Airways Blvd, Southaven, MS 38671-1865
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    • Value Estimation by Request
      7,800 SF

      9075 Southview St

      WAREHOUSE, STORAGE • 7,800 SF
      9075 Southview St, Southaven, MS 38671-1503
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    Similar Nearby for Lease

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      312,000 SF

      Southaven Warehouse with Cross Docking

      312,000 SF warehouse featuring cross-dock loading and trailer parking.
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    2400 Stateline Rd
    Southaven, MS 38671
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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