7457 Airways BlvdSouthaven, MS 38671

Property Details for 7457 Airways Blvd

Year built

1997

Construction

MIXED

Lot size

2.92 AC

Property size (Sq ft)

9,778 SF

Zone code

C-4

Property type

Retail properties

Property subtype

Retail space

APN

1-08-7-25-07-0-00013-00

APU

1087250700001300

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $2,071,017

  6.5%

  $1,911,708

  7%

  $1,775,157

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,920,978

  Geo Method

  $1,920,978

• Alternative Use

  Use

  Valuation

  Residential

  $1,612,597

  Hospitality

  $1,477,130

  Educational

  $1,228,955

  Medical

  $1,271,220

  Retail

  $1,911,708

Location Insight

City

Southaven

County

Desoto

State

Mississippi

Latitude

34.9687

Longitude

-89.9907

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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