Property profile

450 Stateline Rd Southaven, MS 38671

OFF-MARKET
Retail properties & Spaces
Property ID
US50-0089062
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Property summary

AI-generated overview

This exceptional retail space, located at the intersection of Stateline Road and US-55 in Southaven, Mississippi, offers a rare opportunity for businesses seeking high visibility and substantial foot traffic. The property consists of a single building with a minimum divisible space of 1,250 square feet, and a maximum contiguous space of 1,250 square feet. Its prime location benefits from the high daily traffic volume on both Stateline Road (22,000 AADT) and US-55 (74,000 AADT), resulting in nearly 100,000 vehicles passing daily. This translates to significant exposure for your business. The property is situated in DeSoto County and enjoys the advantage of being directly adjacent to established national tenants such as Subway and T-Mobile, further enhancing its appeal and drawing in a steady stream of potential customers. This is an ideal location for businesses seeking a strong presence in a high-traffic area with established co-tenants. The property is a single building retail center with multiple tenancy options. This presents a unique opportunity to establish a thriving business in a vibrant commercial area. The property's strategic location and high visibility make it an exceptional investment prospect.

Property profile

Verified
Property type Retail properties & Spaces
UPID US50-0089062

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
  • Take-out & Catering Catering Service
  • Restaurant
  • Restaurant
  • Bank Credit Union
  • Mobile Phone Store Electronics & Wireless Store

Location

450 Stateline Rd Southaven, MS 38671
Southaven metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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