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    3212 Goodman Rd Southaven, MS 38672

    Sponsored
    For Sale
    $4,138,200

    Prime 10-acre commercial lot, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 10-acre +/- commercial property presents a remarkable investment opportunity in Southaven, Mississippi. Strategically located on Goodman Road East, at the corner of Creech Drive, this parcel boasts approximately 365 feet of frontage along Goodman Road, ensuring high visibility and accessibility. The property benefits from excellent traffic circulation, with three roads providing convenient access. Zoned C-4 Planned Commercial, this land is ideally suited for a variety of retail or office developments. The location offers easy access to Getwell Road via Creech Drive, placing your business within reach of a substantial consumer base. The site enjoys proximity to major thoroughfares, including Interstate 55 and Interstate 240, as well as east Memphis, making it easily accessible to a wider regional market. This high-traffic area sees an average daily count of 38,000 vehicles on Goodman Road. The surrounding area is anchored by established businesses such as Kroger, DAC, AutoZone, Sonic, First Tennessee, and CVS, creating a vibrant and thriving commercial environment. Southaven's population of approximately 43,000, coupled with DeSoto County's population of approximately 175,000, ensures a large potential customer base. This prime commercial land offers an unparalleled opportunity to establish a successful business in a rapidly growing area. The asking price is $4,138,200.

    Property Features for 3212 Goodman Rd

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • Excellent access to I‑55, I‑240, and East Memphis.
    • Goodman Road location, east of Getwell Road.
    • Strong tenant mix nearby, including Kroger, AutoZone, and CVS.
    • High traffic count: 38,000 vehicles daily on Goodman Road.
    • Large population base: Southaven (43,000) and DeSoto County (175,000).
    Property Profile Location Intelligence

    Current Use by Public Records

    First Horizon Bank Bank

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Southaven
    County
    Desoto
    State
    Mississippi
    Longitude
    -89.9339207
    Latitude
    34.9630058

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    FAQs

    What type of property is this?
    Land - Prime 10-acre commercial lot, high traffic area.
    Where is this land located?
    The property is located at 3212 Goodman Rd Southaven, MS.
    What is the asking price?
    The asking price for this property is $4,138,200.
    What are key features of this property?
    This property features: Excellent access to I-55, I-240, and East Memphis.; Goodman Road location, east of Getwell Road.; Strong tenant mix nearby, including Kroger, AutoZone, and CVS.
    Request Owner's contact information
    3212 Goodman Rd 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
    3212 Goodman Rd Southaven, MS 38672
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