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Property profile & analytics
OFF-MARKET
Warehouses

7074 302nd Industrial Dr Southaven, MS 38671-6110

5,035 SF 0.43 ac lot Built 1987
Individually Owned 1-yr Hold Free & Clear
Property ID
US50-0241542
Property summary
AI-generated overview

This exceptional 5,000-square-foot flex space presents a unique investment opportunity in Southaven, Mississippi, ideally situated at the Mississippi/Tennessee state line. The single-tenant building, constructed in 1987, sits on a 0.44-acre lot and boasts a versatile layout perfect for a variety of uses. The property features 1,000 square feet of climate-controlled showroom and office space, complemented by 4,000 square feet of warehouse space. This adaptable design caters to diverse business needs, whether retail or light industrial. The building's high visibility and accessibility from Southcrest Parkway & 302 Industrial Drive ensure significant exposure. Zoned PBP - C-4, this property offers flexibility for a wide range of commercial enterprises. The property's address is 7074 302 Industrial Drive, DeSoto County, within the North Mississippi submarket. The parcel number is 108725010 0000400. This single-story building presents a rare chance to acquire a well-located, adaptable commercial space in a thriving area. The ample space, combined with its strategic location and flexible zoning, makes this property an attractive option for businesses seeking a prominent presence in a high-traffic area. The property is currently vacant, offering immediate occupancy.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1987
Construction METAL FRAME
Total area 5,035 SF
Lot 0.43 ac (18,537 SF)
Zoning code PBP
APN 1-08-7-25-01-0-00004-00
UPID US50-0241542
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
  • MTankCo Supply Llc Propane Supplier
  • Smith's LP Supply Co Propane Supplier Cars
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Rita Gail Burgess Ray Revocable Tru · 1 yrs held
Rita Gail Burgess Ray Revocable Tru
since 2024
2 recorded transactions
2024
Price N/A
2010
Price N/A
Zoning & alternative use
PBP · Southaven, MS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

with uses and designs according to the provisions of the PBP district. (Refer to [Chart 4 following section 13-12(m)]). Planning commission means the city planning commission board appointed by the governing authority. Plat means a map or drawing showing the lot and street arrangement or other features or details of the area being subdivided and is further d…

Zone name Planned Business Park
General category COMMERCIAL
Zone area 1,701.77 ac
Source code of ordinances
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