Property profile

7762 Hwy 178 Olive Branch, MS 38654

OFF-MARKET
Other office properties
Property ID
US50-0071838
6,397 SF 45.61 ac lot Built 2002
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

The property consists of a 6,362-square-foot office building on a 45.61-acre site. The property is zoned M-2 (heavy industrial) and is secured with full fencing. Site improvements include pole lighting and a compacted gravel surface with dolly pads. An additional 23.9-acre expansion lot is part of the offering. The location provides convenient access to Highway 78 and I-22, supporting industrial uses consistent with the zoning.

Property profile

Verified
Property type Other office properties
Use group OFFICE (GENERAL)
Year built 2002
Construction BRICK
Total area 6,397 SF
Lot 45.61 ac (1,986,708 SF)
Zoning code M-2
APN 1-06-4-20-11-0-00001-00
UPID US50-0071838

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7762 Hwy 178 Olive Branch, MS 38654-8421
Olive Branch metro Census 70811 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 2014
2 recorded transactions
2014
Price N/A
2012
Price N/A

Zoning & alternative use

M-2 · Olive Branch, MS
Zoning description

District; M-1, Light Industrial District; and M-2, Heavy Industrial District. 2. A convenience store with fuel pumps for passenger vehicles, with more than six (6) pumps / twelve (12) fueling positions, or with fueling f…

General category INDUSTRIAL

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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