938 StatelineSouthaven, MS 38671

  • Turn key restaurants
  • 880 SF
Off market
$6,998,670 Estimated

Property Details for 938 Stateline

Year built
2000
Construction
TILT-UP CONCRETE
Lot size
0.70 AC
Property size (Sq ft)
880 SF
Zone code
C-3
Property type
Turn key restaurants
APN
1-08-6-13-02-0-00001-00
APU
1086130200000100

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $146,221
    6.5%
    $134,973
    7%
    $125,332
  • Comparable approach

    Method
    Valuation
    Relative Method
    $71,349
    Geo Method
    $71,349
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $264,483
    Mixed-Use / Specialty
    $133,978
    Hospitality / Lodging
    $97,625.60
    Office
    $132,646
    Institutional / Educational
    $139,099
    Residential Income
    $162,746
    Multifamily
    $198,039
    Automotive / Energy
    $119,228
    Parking / Income-Based Land
    $41,652.10
    Restaurant / Food Service
    $68,585.30
    Healthcare / Senior Housing
    $137,919

Location Insight

City
Southaven
County
Desoto
State
Mississippi
Latitude
34.9923
Longitude
-90.0065
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
$5,882
-
-
$40,544
-
$144,970
$125,317
$270,287

FAQs

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