6575 AirwaysSouthaven, MS 38671

  • Turn key restaurants
  • 7,566 SF
Off market
$21,082,720 Estimated

Property Details for 6575 Airways

Year built
2005
Lot size
2.10 AC
Property size (Sq ft)
7,566 SF
Zone code
C-4
Property type
Turn key restaurants
APN
1-08-7-36-10-0-00004-00
APU
1087361000000400

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,257,170
    6.5%
    $1,160,460
    7%
    $1,077,570
  • Comparable approach

    Method
    Valuation
    Relative Method
    $613,439
    Geo Method
    $613,439
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,273,950
    Mixed-Use / Specialty
    $1,151,900
    Hospitality / Lodging
    $839,358
    Office
    $1,140,450
    Institutional / Educational
    $1,195,930
    Residential Income
    $1,399,240
    Multifamily
    $1,702,690
    Automotive / Energy
    $1,025,090
    Parking / Income-Based Land
    $358,113
    Restaurant / Food Service
    $589,678
    Healthcare / Senior Housing
    $1,185,790

Location Insight

City
Southaven
County
Desoto
State
Mississippi
Latitude
34.9559
Longitude
-89.9907
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
$42,784
-
-
$295,346
-
$1,197,024
$771,946
$1,968,970

FAQs

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