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    Us-51 Horn Lake, MS 38637

    For Sale
    $315,000

    Prime Horn Lake location, high-traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3.28-acre commercial land parcel presents a unique investment opportunity in the thriving Horn Lake, Mississippi market. Strategically situated on Highway 51, south of Nail Road, this property boasts unparalleled visibility and accessibility for businesses seeking a high-traffic location. The site is zoned C-4, making it ideally suited for a diverse range of retail or commercial developments. The property is comprised of four individual lots, offering flexibility for various development scenarios. Lot 1 encompasses 0.96 acres, Lot 2 covers 0.91 acres, Lot 3 measures 0.71 acres, and Lot 4 is 0.70 acres. This prime location in North Mississippi offers significant potential for growth and return on investment. The asking price for this exceptional commercial land is $315,000. Don't miss this chance to secure a prominent position on Highway 51 in the rapidly expanding Horn Lake area. The property's address is US-51, Horn Lake, MS 38637, within DeSoto County, and its zip code is 38637. This is a rare opportunity to acquire a substantial commercial land holding in a high-demand area.

    Property Features for 0 Us-51

    General Information

    Property type
    Land

    HighLights

    • 3.28‑acre commercial land parcel in Horn Lake, MS.
    • High‑visibility location on Highway 51, south of Nail Road.
    • C‑4 zoning allows for diverse retail/commercial development.
    • Four individual lots (0.96, 0.91, 0.71, and 0.70 acres) offer development flexibility.
    • Asking price: $315,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Horn Lake
    County
    DeSoto
    State
    Mississippi
    Longitude
    -90.0165048
    Latitude
    34.9483726

    Nearby Comparable

    • Contact for pricing

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      Southaven Commercial Lots For Sale

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      Southaven Commercial Lots For Sale

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    • $1,393,920
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      Prime DeSoto County Land

      16 Acres, Hwy 51 Access, Development Potential
      & 51 Nail Rd, Horn Lake, MS 38637
      View Details
    • $162,693
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      Office Space Near Goodman Road

      Office space for sale, located near Goodman Road.
      1949 Tappan St, Horn Lake, MS 38637
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    • $450,000
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      Southaven Commercial Land - 1.25 Acres

      Prime Southaven location, C-4 zoning, high traffic.
      0 Church Rd, Southaven, MS 38671
      View Details

    Nearby Similar for Sale

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      Office Space Near Goodman Road

      Office space for sale, located near Goodman Road.
      1949 Tappan St, Horn Lake, MS 38637
      View Details

    FAQs

    What type of property is this?
    Land - Prime Horn Lake location, high-traffic area.
    Where is this land located?
    The property is located at Us-51 Horn Lake, MS.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: 3.28-acre commercial land parcel in Horn Lake, MS.; High-visibility location on Highway 51, south of Nail Road.; C-4 zoning allows for diverse retail/commercial development.
    Request Owner's contact information
    Us-51 Horn Lake, MS 38637
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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
    Us-51 Horn Lake, MS 38637
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