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    3352 Goodman Rd Southaven, MS 38672

    Sponsored
    For Sale
    $8,900,000

    24 Acres, High-Traffic Location, C-4 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 24-acre commercial land parcel presents a prime development opportunity in Southaven, Mississippi. Strategically located at the intersection of Goodman Road and Getwell Road, this property boasts over 1000 feet of frontage on Goodman Road and a depth of 1100 feet. Zoned C-4 Planned Commercial, it's ideally suited for a variety of retail or office developments. The site benefits from excellent visibility and accessibility, with an average daily traffic count of 38,000 vehicles on Goodman Road. All utilities are available at or near the site, simplifying development. The property's location offers convenient access to Interstate 55 and Interstate 240, as well as east Memphis, serving a substantial population base. Southaven's population is approximately 43,000, with DeSoto County's population reaching approximately 175,000. Nearby established businesses include Kroger, DAC, AutoZone, Sonic, First Tennessee, and CVS, indicating a strong and thriving commercial environment. A potential opportunity exists for a traffic signal at the intersection of Snowden Lane and Goodman Road, further enhancing visibility and accessibility. This property represents a significant investment opportunity in a high-growth area. The asking price is $8,900,000.

    Property Features for 3352 Goodman Rd

    General Information

    Property type
    Land
    Lot Size
    1,045,440 SF

    HighLights

    • Excellent access to I‑55, I‑240, and East Memphis.
    • High‑traffic Goodman Road location, east of Getwell Road.
    • Strong surrounding commercial activity including Kroger, AutoZone, and others.
    • High daily traffic count of 38,000 vehicles on Goodman Road.
    • Serves a large population base: 43,000 in Southaven and 175,000 in DeSoto County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Southgate Medical Supply ... Medical Supply Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Southaven
    County
    Desoto
    State
    Mississippi
    Longitude
    -89.9300937
    Latitude
    34.9630846

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    FAQs

    What type of property is this?
    Land - 24 Acres, High-Traffic Location, C-4 Zoning
    Where is this land located?
    The property is located at 3352 Goodman Rd Southaven, MS.
    What is the asking price?
    The asking price for this property is $8,900,000.
    What are key features of this property?
    This property features: Excellent access to I-55, I-240, and East Memphis.; High-traffic Goodman Road location, east of Getwell Road.; Strong surrounding commercial activity including Kroger, AutoZone, and others.
    Request Owner's contact information
    3352 Goodman Rd Southaven, MS 38672
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    Southaven, MS 38672
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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
    3352 Goodman Rd Southaven, MS 38672
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