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Property profile & analytics
OFF-MARKET
Office buildings

315 Magazine St Tupelo, MS 38804-3974

2,494 SF Built 1975
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US50-0435923
Property summary
AI-generated overview

This 651-square-foot office space is located in the heart of Historic Downtown Tupelo, Mississippi, at 315 Magazine Street, one block from Main Street. The building, constructed in 1975 and renovated in 2022, offers a Class B office environment within a single-building, 2,748-square-foot complex (APN: 089P-31-095-00). The suite features a reception lobby, a spacious 12' x 16' office or conference room, a kitchen, a break area, and a private restroom. Utilities are included in the rent. The landlord is willing to make improvements for qualified tenants. The property benefits from a combination of public and private parking and is surrounded by city roads, including West Main Street, and enhanced sidewalks. Its prime location places it near financial institutions, legal offices, restaurants, retail businesses, and municipal services. It's also conveniently close to the Fairpark District, a successful urban redevelopment project and entertainment hub. This versatile space is suitable for executive, traditional, or medical office uses. The property is multi-tenant.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1975
Total area 2,494 SF
APN 089P-31-095-00
UPID US50-0435923
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
  • Jennifer Warren PMHNP-BC Physician
  • Hollie Moffatt PMHNP-BC LLC Physician
  • Green Health Docs Alternative Medicine Practice
  • Larkin Francis J Law Firm Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Iwt Enterprises LLC · 3 yrs held
Iwt Enterprises LLC
since 2023
Last sale
$280,000
4 recorded transactions
2025
Price N/A
2023
Price N/A
2021
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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