7074 302nd Industrial Dr Southaven, MS 38671-6110
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.
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MTankCo Supply Llc Propane Supplier
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Smith's LP Supply Co Propane Supplier Cars
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…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
PBP · Southaven, MSwith 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 defined as follow: (1) Sketch plat means a plat conforming to the requirements of this title hereof prior to filing a final plat. (2) Final plat means a plat conforming to the requirements of this title for final approval and recording in the office of the chancery clerk. Pole sign means a two-sided sign erected upon a permanent base whose width does not lie flush with the base of the erected signage. Existing signs of this nature will be considered nonconforming but shall remain erected until such time as a new establishment occupies said property. Power center means a multi-tenant development or building owned by the same entity which is anchored by at least one (1) large retail store encompassing a minimum of twenty-five thousand (25,000) square feet and located no more than one-quarter (1⁄4) of a mile from a designated lifestyle center. Prefabricated building means a substantially complete permanent structure of which the structural assemblies or subassemblies are constructed off-site, transported to the site and erected on a permanent foundation. Premises means a lot, together with all buildings and structures thereon. Private drives or gated communities street means a paved roadway within a right-of-way that is owned and maintained by the neighborhood association and its residents or contractors hired by the association/residents. Projecting sign means a sign which is attached to and projects more than twelve (12) inches from the face of a building. Public building means a building owned by a unit of government. Public services facility means any facility necessary with the operation and/or maintenance of a local government unit or a public utility as condoned by the laws of the State of Mississippi. Pylon sign means a sign not attached to a building which is supported by two (2) encased posts or towers extending vertically from within a fully enclosed space the width of the sign and extending vertically a minimum of three (3) feet above the ground level. Queue space means an area not less than ten (10) feet wide and twenty (20) feet long intended for the purpose of temporarily storing one (1) automobile, which is queuing for a drive-in or drive-through window.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.