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    178 & Hacks Cross Rd Parcel Olive Branch, MS 38654

    Sponsored
    For Sale
    $990,000

    Prime Olive Branch location, gas station potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13.2-acre commercial property presents a lucrative investment opportunity in Olive Branch, Mississippi. Located at the highly visible northeast corner of Highway 178 and Hacks Cross Road (Parcel #2061121400000300), this property boasts over 1000 feet of road frontage, ensuring maximum exposure to high traffic volume. Currently zoned M-1 Light Industrial, the property offers significant flexibility for a variety of commercial uses, including but not limited to a convenience store and gas station, as indicated by its existing subtype designations. Its strategic location provides easy access to Highway 78, with the added benefit of being within a quarter-mile of the Bethel Road exit, further enhancing its accessibility and visibility. The asking price for this prime commercial land is $990,000. This property's size, zoning, and location make it an ideal candidate for development or expansion of existing businesses seeking a high-traffic, easily accessible location in a growing Mississippi market. Serious inquiries are encouraged to explore the full potential of this exceptional commercial real estate offering.

    Property Features for 178 & Hacks Cross Rd Parcel

    General Information

    Property type
    Automotive properties
    Lot Size
    574,992 SF

    HighLights

    • High visibility from Highway 78.
    • Less than a quarter mile from the Bethel Road exit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Olive Branch
    County
    Desoto
    State
    Mississippi
    Longitude
    -89.794914
    Latitude
    34.9326304

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    FAQs

    What type of property is this?
    Automotive property - Prime Olive Branch location, gas station potential.
    Where is this automotive property located?
    The property is located at 178 & Hacks Cross Rd Parcel Olive Branch, MS.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: High visibility from Highway 78.; Less than a quarter mile from the Bethel Road exit.;
    Request Owner's contact information
    178 & Hacks Cross Rd Parcel 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
    178 & Hacks Cross Rd Parcel Olive Branch, MS 38654
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