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    8.72 Goodman Rd Olive Branch, MS 38654

    Sponsored
    For Sale
    $1,139,530

    8.72 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8.72-acre lot presents a remarkable investment opportunity in Olive Branch, Mississippi. Ideally situated at the corner of Goodman Road and Malone Road, this property boasts 570 feet of frontage on Goodman Road, a major thoroughfare experiencing over 34,000 vehicles daily, ensuring high visibility and accessibility. The property is zoned C-4 on the front and A/R on the back, providing flexibility for a variety of commercial or residential developments. While a ditch traverses the land, the expansive size and prime location offer significant potential. Its proximity to I-22, I-269, and I-55 further enhances its strategic value. The asking price is $1,139,530, translating to $3 per square foot. The property's APN is 107726000 0001001. This versatile land parcel is suitable for retail, commercial, or residential projects, making it an attractive option for developers seeking a high-impact location in a rapidly growing area. Access to Faye Drive is also available. The property is located in Desoto County, Mississippi, with a zip code of 38654. This is a rare opportunity to acquire a large, well-located parcel with significant development potential.

    Property Features for 0 8.72 Goodman Rd

    General Information

    Property type
    Land
    Lot Size
    379,843 SF

    HighLights

    • 570 feet of Goodman Road frontage.
    • Excellent potential for residential, commercial, or retail development.
    • C‑4 zoning on the front, A/R zoning in the rear with Faye Drive access.
    • High traffic count: over 34,000 cars daily on Goodman Road.
    • Minutes from I‑22, I‑269, and I‑55 interchanges.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Olive Branch
    County
    Desoto
    State
    Mississippi
    Longitude
    -89.914743233791
    Latitude
    34.962315606391

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    FAQs

    What type of property is this?
    Land - 8.72 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 8.72 Goodman Rd Olive Branch, MS.
    What is the asking price?
    The asking price for this property is $1,139,530.
    What are key features of this property?
    This property features: 570 feet of Goodman Road frontage.; Excellent potential for residential, commercial, or retail development.; C-4 zoning on the front, A/R zoning in the rear with Faye Drive access.
    Request Owner's contact information
    8.72 Goodman Rd Olive Branch, MS 38654
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    Olive Branch, MS 38654
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8.72 Goodman Rd Olive Branch, MS 38654
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