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6920 Oak Forest Drive Office Building 6920 Oak Forest Dr

6,000 SF Office Building Olive Branch, MS 38654 $820,000 ($137/SF)

Executive Summary

CRYE-LEIKE COMMERCIAL proudly presents an exceptional opportunity to acquire a well-maintained, two-story office building in the rapidly growing city of Olive Branch, Mississippi. This versatile property is ideal for a user-buyer seeking to benefit from the cash-flow potential of existing lease income, while enjoying the flexibility and prestige of ownership.
Situated in the heart of Olive Branch, the building features a grand, two-story common entry with an impressive central staircase, providing a welcoming and professional atmosphere for both clients and employees. The first floor offers a spacious, open reception area, along with multiple private offices, synergy spaces, three restrooms, and a break room, all enhanced by abundant natural light. On the second floor, there are seven large offices, two additional restrooms, and another break room, offering plenty of space for productive work. Adding to its appeal, the property includes a rare on-site 12x20 exterior storage building, ideal for storing equipment or files.
The building is located just east of the busy Craft Road/Goodman Road intersection, providing easy access to surrounding retail, dining, and business amenities, all within a highly walkable area.
This office building is strategically positioned in Olive Branch, which is part of Desoto County, one of the fastest-growing regions in Mississippi. The area has become a hub for business development, attracting major industries due to its proximity to Memphis, Tennessee, and its excellent infrastructure. North Mississippi, particularly Olive Branch, has seen tremendous growth over the past decade, driven by significant investments in transportation, schools, and commercial development. With its low taxes, business-friendly environment, and high quality of life, Desoto County is increasingly becoming a prime destination for businesses and residents alike.
Olive Branch's thriving local economy, coupled with its strategic location, ensures steady foot traffic, rising property values, and ample business opportunities. As a key player in this rapidly expanding market, Olive Branch is well-positioned for continued growth, making this office building an excellent long-term investment.

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
6,000 SF
Building Class
B
Year Built
1994
Price
$820,000
Price Per SF
$137
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,000 SF
Building FAR
0.23
Land Acres
0.61 AC
Zoning
Office
Parking
15 Spaces (3.11 Spaces per 1,000 SF Leased)

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1069320500000600
Land Assessment
$7,971 (2023)
Improvements Assessment
$53,464 (2023)
Total Assessment
$61,435 (2023)
  • Listing ID: 33554738

  • Date on Market: 10/17/2024

  • Last Updated:

  • Address: 6920 Oak Forest Dr, Olive Branch, MS 38654

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