Property profile

7457 Airways Blvd Southaven, MS 38671

FOR SALE
Retail space
Property ID
US50-0091781
9,778 SF 2.92 ac lot Built 1997
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 9,545-square-foot retail space is ideally situated at 7457 Airways Blvd in Southaven, Mississippi, within DeSoto County (zip code 38671). The property offers a single-tenant occupancy, providing a blank canvas for a wide range of retail businesses. The entire building is currently vacant, presenting a unique opportunity for a business seeking a substantial footprint in a high-traffic area. With its expansive 9,545 square feet, the space is adaptable to various retail concepts and layouts. The property's location on Airways Blvd offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. The lease rate is competitively priced at $19.00 per square foot. This property represents a significant opportunity for businesses looking to establish or expand their presence in the thriving Southaven market. The property is classified as commercial retail and is ready for immediate occupancy. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property's coordinates are 34.968687 latitude and -89.9905476 longitude.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Construction MIXED
Total area 9,778 SF
Lot 2.92 ac (127,259 SF)
Zoning code C-4
APN 1-08-7-25-07-0-00013-00
UPID US50-0091781

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
  • Clothing Store

Location

7457 Airways Blvd Southaven, MS 38671
Southaven metro Census 70522 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2020
6 recorded transactions
2020
Price N/A
2020
Price N/A
2020
Price N/A
2019
Price N/A
2019
Price N/A
2019
Price N/A

Zoning & alternative use

C-4 · Southaven, MS
Zoning description

This district is intended to permit the development and maintenance of planned commercial developments, including shopping centers, characterized by single structure or an integrated complex of structures with planned bu…

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message