Tupelo, MS
Commercial Real Estate Market Trends & Data

Tupelo's Demographic Profile

Tupelo has 15,518 households and a median income of $57,918, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 37,966
# Households 15,518
Median age 37
Median household income $57,918
Avg household size 2.0
Renter-occupied housing units 6,150
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Tupelo, MS

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Tupelo $76 54,823 SF 8.36%
New Albany $191 108,628 SF 6.11%
Nearby Retail Markets Avg Cost/SF Typical Size
Tupelo $210 8,033 SF
Verona $329 2,279 SF
Pontotoc $272 19,097 SF
Okolona $91 13,720 SF
New Albany $100 8,879 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Tupelo $97 16,400 SF 8.00%
Belden $137 16,400 SF 8.00%
Russellville $95 5,941 SF 16.50%
Florence $113 7,693 SF 16.50%

Commercial Properties For Sale in Tupelo

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

High Volume Gas Station w/ Property in Tupelo

Tupelo, MS 38801

  • 2,279 SF Retail Building
  • $749,000
For Sale

783 N Coley Rd

Tupelo, MS 38801

  • 1.30 AC Lot
  • 1 Commercial Lot
  • $275,000
For Sale

+/- 24 acres off of I22/Veterans Blvd

Tupelo, MS 38804

  • 24 AC Lot
  • 1 Commercial Lot
  • $8,000,000
For Sale

2464 Main St

Plantersville, MS 38862

  • 3,000 SF Office Building
  • $425,000
For Sale

1155 S Gloster St

Tupelo, MS 38801

  • 13,322 SF Flex Building
  • 8.36% Cap Rate
  • $699,000
For Sale

915 W Main St

Tupelo, MS 38801

  • 2,518 SF Retail Building
  • $850,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Tupelo pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Tupelo $155 28,278 SF
Verona $329 2,279 SF
Plantersville $142 3,000 SF
Belden $97 16,400 SF

Regional Demographic Comparison

This comparison places Tupelo alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Tupelo or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Verona 2,137 878 34 $35,598 3 549 -12%
Saltillo 4,207 1,684 37 $79,034 3 450 -4%
Plantersville 773 353 44 $33,124 2 133 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Tupelo, MS and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Tupelo

View All Commercial Real Estate For Sale in Tupelo
Is Tupelo a good market for a first-time commercial real estate investor?

Tupelo offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Tupelo?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Tupelo. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Tupelo?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Tupelo. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Tupelo compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Tupelo. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Tupelo acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Tupelo, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.