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    Property profile & analytics

    6812 Crumpler Blvd Olive Branch, MS 38654

    • Office space
    • 5,129 SF
    For Lease
    View listing
    $38 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US50-1961916
    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

    • Office space

    Property Details for 6812 Crumpler Blvd

    Year built
    2004
    Property size
    5,129 SF
    Property type
    Office space

    Description

    This exceptional Class A office building, constructed in 2004, offers 5,129 square feet of professional office space in the desirable Cherokee Valley Corporate Office Park in Olive Branch, Mississippi. The property features a single, two-story building with a minimum divisible space of 80 square feet, ideal for a variety of businesses. Three individual office suites are currently available. Located at 6812 Crumpler Blvd, this property boasts convenient access to I-22/Goodman Road intersection, placing it less than 20 minutes from Memphis International Airport. Its prime location within the office park offers proximity to the Village Shops, a Kroger-anchored shopping center, and the Cherokee Valley Golf Course. Olive Branch is experiencing significant growth, making this a strategic location for businesses seeking a thriving market. The building does not include elevators. This is a multi-tenant property offering a great tenant mix of professionals. Contact us today to learn more about leasing opportunities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Olive Branch
    County
    Desoto
    State
    Mississippi
    Longitude
    -89.8575743
    Latitude
    34.9594641

    Comparable in this City

    • $2,000 /Mo
      7,344 SF

      New Commercial Space in Olive Branch

      Modern commercial space ideal for retail, office, or service businesses.
      7550 Alexander Rd, Olive Branch, MS 38654
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    • $399,000
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      Premier Office Space in Olive Branch

      Modern office space with flexible floor plans in Olive Branch.
      8136 Industrial Dr, Olive Branch, MS 38654
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    • $3,150 /Mo
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      Olive Branch Commercial Space Available

      1,260 SF commercial space in high-traffic Olive Branch location.
      10680 Goodman Rd, Olive Branch, MS 38654
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    • $12 SF/Yr
      8,065 SF

      Modern Office Space in Olive Branch

      Premier office space with customizable floor plans and modern amenities.
      8804 Caroma St, Olive Branch, MS 38654
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    • $2,200 /Mo
      7,344 SF

      New Commercial Space in Olive Branch

      Modern commercial space ideal for retail, office, or service businesses.
      7550 Alexander Rd Lot Bay, Olive Branch, MS 38654
      View Details
    • $2,000 /Mo
      7,344 SF

      New Commercial Space in Olive Branch

      Modern commercial space ideal for retail, office, or service businesses.
      7550 Alexander Rd Lot Bay, Olive Branch, MS 38654
      View Details

    Similar Nearby for Sale

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      Olive Branch Office Potential Land

      Land with office potential in Olive Branch, Mississippi.
      Westbranch Rd, Olive Branch, MS 38654
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    • $1,139,530
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      Goodman Rd Retail Land

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      0 8.72 Goodman Rd, Olive Branch, MS 38654
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    • $1,465,532
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      Olive Branch Commercial Land Investment

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      11201 Old Goodman Rd, Olive Branch, MS 38654
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    • $900,000

      Prime Olive Branch Retail Land

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      Prime Olive Branch Land - Build Your Dream Home!

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    Similar Nearby for Lease

    • $2,000 /Mo
      7,344 SF

      New Commercial Space in Olive Branch

      Modern commercial space ideal for retail, office, or service businesses.
      7550 Alexander Rd, Olive Branch, MS 38654
      View Details
    • $399,000
      2,690 SF

      Premier Office Space in Olive Branch

      Modern office space with flexible floor plans in Olive Branch.
      8136 Industrial Dr, Olive Branch, MS 38654
      View Details
    • $3,150 /Mo
      1,260 SF

      Olive Branch Commercial Space Available

      1,260 SF commercial space in high-traffic Olive Branch location.
      10680 Goodman Rd, Olive Branch, MS 38654
      View Details
    • $12 SF/Yr
      8,065 SF

      Modern Office Space in Olive Branch

      Premier office space with customizable floor plans and modern amenities.
      8804 Caroma St, Olive Branch, MS 38654
      View Details
    • $2,200 /Mo
      7,344 SF

      New Commercial Space in Olive Branch

      Modern commercial space ideal for retail, office, or service businesses.
      7550 Alexander Rd Lot Bay, Olive Branch, MS 38654
      View Details
    • $2,000 /Mo
      7,344 SF

      New Commercial Space in Olive Branch

      Modern commercial space ideal for retail, office, or service businesses.
      7550 Alexander Rd Lot Bay, Olive Branch, MS 38654
      View Details
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    6812 Crumpler Blvd
    Olive Branch, MS 38654
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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