Large Location Icon

7480 Commerce Dr; Olive Branch, MS Property Details

7480 Commerce Dr, Olive Branch, MS is a Restaurant that was built in 1993. This property is currently Financed and is not for sale. Our records show that 7480 Commerce Dr has a total of 3,822 square feet. The lot size of 7480 Commerce Dr is 40,577 square feet.

Off market
7480 Commerce Dr Olive Branch, MS 38654
$154,173 Estimated Value
3,822 SqFt
Property Type
Restaurant
Unlock Full Report
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1993
  • Purchase Price: $16,875,000
  • Open Loans / Balance: 1 / $4,673,806
  • APN: 1-06-9-29-17-0-00002-00
  • Situs County: Desoto
  • Length Of Ownership: 7 years, 2 months

Structure

  • Building Style: Frame
  • Exterior Wall Type: Stucco
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Roof Type: Rigid Frame Bar Jt
  • Roof Cover Type: Built-up

Measurements

  • Total: 3,822/SqFt
  • Lot: 40,577/SqFt
  • Gross: 3,746/SqFt
  • Living: 3,598/SqFt
  • Building: 3,822/SqFt
  • Ground: 3,636/SqFt
  • Price Per Square Foot: $4415.23

Legal Description

  • Description: OLIVE BRANCH COMMERCIAL CENTER 1ST REV SEC A LOT 2
Building Insights

Land Information

  • Property Type: Restaurant
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: DeSoto County School District
  • Lat / Lon: 34.962948 / -89.85602
  • Subdivision: Olive Branch Commercial Center Sec A 1st
  • Property Class: Commercial
  • Zoning: C-2
  • County Use Code: COM

Amenities

  • Plus Four: 2106

Ownership Info

7480 Commerce Dr has no associated ownership info
7480 Commerce Dr has no associated ownership info.

Taxes

7480 Commerce Dr has 10 associated Taxes items

7480 Commerce Dr, Olive Branch, MS pays taxes in Desoto County, MS. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $154,173. The APN we've located for 7480 Commerce Dr is 1-06-9-29-17-0-00002-00.

Unlock the full report
Taxes
  • Assessed Value:  $154,173
  • Assessed Year:  2025
  • Assessed County:  Desoto
  • APN:  1-06-9-29-17-0-00002-00
  • Assessed Land Value:  60000
  • Market Land Value:  400000
  • Tax Amount:  17851.69
  • Tax Year:  2025
  • Market Value:  1027820
  • Market Year:  2025

Tax History

7480 Commerce Dr has 14 associated Tax History items

Unlock the full report
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $154,173 Land Value $60,000 Improvement Value $94,173 Tax Amount $17,851.69 Change Rate +0.030788% Assessed CR Tax Rate +0.11579%
Year 2024 Assessed Value $126,894 Land Value $60,000 Improvement Value $66,894 Tax Amount $17,318.49 Change Rate Assessed CR Tax Rate +0.13648%
Year 2023 Assessed Value $126,894 Land Value Improvement Value Tax Amount $17,318.49 Change Rate Assessed CR Tax Rate +0.13648%
Year 2022 Assessed Value $126,894 Land Value $60,000 Improvement Value $66,894 Tax Amount $17,318.49 Change Rate Assessed CR Tax Rate +0.13648%
Year 2021 Assessed Value $126,894 Land Value $60,000 Improvement Value $66,894 Tax Amount $17,318.49 Change Rate +0.022292% Assessed CR Tax Rate +0.13648%
Year 2020 Assessed Value $124,127 Land Value $60,000 Improvement Value $64,127 Tax Amount $16,940.85 Change Rate Assessed CR Tax Rate +0.13648%
Year 2019 Assessed Value $124,127 Land Value $60,000 Improvement Value $64,127 Tax Amount $16,940.85 Change Rate Assessed CR Tax Rate +0.13648%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $16,940.85 Change Rate +0.089801% Assessed CR Tax Rate
Year 2017 Assessed Value $166,602 Land Value $113,301 Improvement Value $53,301 Tax Amount $15,544.9 Change Rate Assessed CR Tax Rate +0.093306%
Year 2016 Assessed Value $113,301 Land Value $60,000 Improvement Value $53,301 Tax Amount $15,544.9 Change Rate Assessed CR Tax Rate +0.1372%
Year 2015 Assessed Value $166,602 Land Value $113,301 Improvement Value $53,301 Tax Amount $15,544.9 Change Rate Assessed CR Tax Rate +0.093306%
Year 2014 Assessed Value $113,301 Land Value Improvement Value Tax Amount $15,544.9 Change Rate Assessed CR Tax Rate +0.1372%
Year 2013 Assessed Value $113,301 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $15,091.69 Change Rate Assessed CR Tax Rate
Address, Street, City, or ZIP
    Building Your
    Comprehensive Report
    0%
    • Home Addresses
    • Phone Number
    • Emails
    • Relatives
    • Criminal and Traffic Records
    • Public Records and Properties

    Searching related records for
    This additional information can help you verify a person's identity and ensure that you are well-informed.