Technical
Financial
Distress signals
Property profile

711 Venture Dr Southaven, MS 38672

OFF-MARKET
Other warehouses
Property ID
US50-0078493
397,766 SF 38.85 ac lot Built 2004
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

Industrial facility with a total building size of 802,091 square feet, designed to be divisible into 389,316 square feet and 412,775 square feet. The original 389,316-square-foot portion was built in 2004 and an expansion of 412,775 square feet was added in 2014. The building includes approximately 8,000 square feet of office space with a warehouse shipping and receiving office. Structural and operational features include a 32-foot minimum clear height, a front-load configuration, and a depth of approximately 450 feet; typical column spacing is 54 feet wide by 50 feet deep. Loading includes 49 dock doors (9' x 10') with pit levelers and seals, with an additional 33 knock-outs providing capacity for up to 82 docks, plus 2 ramped drive-in doors (12' x 14'). The truck court is approximately 180 feet deep with a 60-foot concrete apron. Parking includes 250 auto spaces and 129 trailer spaces. The site is fully fenced and supported by an ESFR sprinkler system and LED lighting throughout; the roof is a TPO roofing system. The facility is suitable for warehouse, industrial, and distribution use.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 2004
Construction TILT-UP CONCRETE
Total area 397,766 SF
Lot 38.85 ac (1,692,399 SF)
Zoning code PBP
APN 2-08-1-12-08-0-00003-00
UPID US50-0078493

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
  • Distribution Center Logistics Company

Location

711 Venture Dr Southaven, MS 38672-8133
Southaven metro Census 70222 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2021
Price N/A
2021
Price N/A

Zoning & alternative use

PBP · Southaven, MS
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. P…

General category COMMERCIAL

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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