Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8928 Swinnea Rd Southaven, MS 38671-2813

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8928 Swinnea Rd Southaven, MS 38671-2813

    View on Map
    • Medical Office Space
    • 2,744 SF
    • 0.30 lot acres
    Off-Market
    Property ID
    US50-2001311
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Southern Tails / Kennel & Boarding Facility

    Property Details for 8928 Swinnea Rd

    Year built
    1988
    Construction
    BRICK
    Lot size
    0.30 lot acres
    Property size
    2,744 SF
    Zone code
    C-1
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    1-07-4-19-11-0-00002-00
    APU
    1074191100000200

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Southaven
    County
    Desoto
    State
    Mississippi
    Longitude
    -89.9725
    Latitude
    34.991
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,541
    $0.00
    $0.00
    $31,281
    -
    $45,738
    $162,801
    $208,539

    Comparable in this City

    • Value Estimation by Request
      11,850 SF

      7668 Airways Blvd

      MEDICAL CLINIC • 11,850 SF
      7668 Airways Blvd, Southaven, MS 38671-5304
      View Details
    • Value Estimation by Request
      21,135 SF

      7545 Airways Blvd

      MEDICAL CLINIC • 21,135 SF
      7545 Airways Blvd, Southaven, MS 38671-5806
      View Details
    • Value Estimation by Request
      10,413 SF

      125 Guthrie Dr

      MEDICAL CLINIC • 10,413 SF
      125 Guthrie Dr, Southaven, MS 38671-5829
      View Details
    • Value Estimation by Request
      6,023 SF

      7684 Airways Blvd

      MEDICAL CLINIC • 6,023 SF
      7684 Airways Blvd, Southaven, MS 38671-5304
      View Details
    • Value Estimation by Request
      5,768 SF

      83 Airways Pl

      MEDICAL CLINIC • 5,768 SF
      83 Airways Pl, Southaven, MS 38671-5885
      View Details
    • Value Estimation by Request
      3,712 SF

      8840 Hwy 51st N

      MEDICAL CLINIC • 3,712 SF
      8840 Hwy 51st N, Southaven, MS 38671-2002
      View Details

    Similar Nearby for Sale

    • $990,000

      Veterinary Practice in Growing Area

      Successful veterinary practice for sale in rapidly growing North Mississippi.
      5165 Getwell Rd, Southaven, MS 38671
      View Details
    • Contact for pricing
      3,152 SF

      Southaven Medical Office Building

      3,152 SF building ideal for office or medical use.
      7732 Airways Blvd, Southaven, MS 38671
      View Details
    • Contact for pricing
      4,958 SF

      Former Bank Branch on Airways

      Former bank branch in high-traffic retail corridor.
      7100 Airways Blvd, Southaven, MS 38671
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      Two parcels of land ideal for retail or office development.
      6296 Airways Blvd, Southaven, MS 38671
      View Details
    • $1,223,000

      Southaven Office Investment Opportunity

      9,750 SF office building in Southaven, Mississippi for sale.
      1926 First Commercial Dr, Southaven, MS 38671
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      1,206 SF

      Medical Office Park Near I-55

      Medical office space for lease near Baptist DeSoto Hospital.
      7900 Airways Blvd, Southaven, MS 38671
      View Details
    • $17 SF/Yr

      Medical Hub Location

      Located in the DeSoto County Medical hub.
      7535 Airways Blvd, Southaven, MS 38671
      View Details
    • Contact for pricing
      2,072 SF

      Healthcare Property in Southaven, MS

      Healthcare property for rent with convenient access to amenities.
      401 Southcrest Cir, Southaven, MS 38671
      View Details
    • $28 SF/Yr
      1,500 SF

      Office Space on Goodman Road

      Office space for rent in a high-traffic location.
      892 Goodman Rd E, Southaven, MS 38671
      View Details
    • Contact for pricing

      Warehouse/Office Space For Lease

      Ideal warehouse/office space with high visibility and accessibility.
      7074 302 Industrial Dr, Southaven, MS 38671
      View Details
    • Contact for pricing

      Prime Retail/Office Space Available

      Turn-key office space near major tenants, high visibility location.
      521 Stateline Rd, Southaven, MS 38671
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8928 Swinnea Rd
    Southaven, MS 38671-2813
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!