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    4578 Goodman Rd Horn Lake, MS 38637

    For Sale
    $631,620

    2.92-acre lot, ideal retail development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 2.92-acre commercial lot, identified as Westberry 3, presents a remarkable opportunity for retail development in the thriving Horn Lake, Mississippi market. Situated at 4578 Goodman Rd W, this property boasts a highly desirable C-4 zoning designation and offers approximately 300 feet of frontage on the busy Goodman Road, ensuring high visibility and accessibility. The lot's strategic location is adjacent to a popular skating rink, creating a synergistic environment and attracting significant foot traffic. Priced at $631,620, or $5 per square foot, this land presents an excellent return on investment. With its ample size, this parcel provides sufficient space to accommodate a strip center with ample common parking, catering to a variety of commercial uses. The property's Assessed Parcel Number (APN) is 108929000 0000109. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area, offering significant potential for immediate development and long-term profitability. Don't miss this chance to secure a prime piece of real estate in Desoto County, Mississippi, zip code 38637.

    Property Features for 4578 Goodman Rd

    General Information

    Property type
    Land
    Lot Size
    127,195 SF

    HighLights

    • Excellent commercial location.
    • Two lots offering high development potential.
    • Ample space for a strip center with shared parking.
    • Over 300 feet of combined road frontage.
    • Lot 2: 3.8 acres +/-; $4.40/SF.
    • Lot 3: 2.9 acres +/-; $5.00/SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Horn Lake
    County
    Desoto
    State
    Mississippi
    Longitude
    -90.071659568318
    Latitude
    34.962602056196

    Nearby Comparable

    • $885,000
      1.11 Acres

      Horn Lake Commercial Land Parcel

      1.11-acre commercial lot, prime location.
      4482 Goodman Rd, Horn Lake, MS 38637
      View Details
    • $700,000
      4.75 Acres

      Horn Lake Commercial Land Opportunity

      4.75-acre commercial land with approved site plan.
      4683 Goodman Rd, Horn Lake, MS 38637
      View Details
    • $885,000
      1 SF

      Prime Outparcel on Goodman Road

      1.11-acre outparcel on Goodman Road, Horn Lake, Mississippi.
      4482 Goodman Rd, Horn Lake, MS 38637
      View Details
    • $1,343,000
      158.00 Acres

      158 Acres Pastureland in Walls

      158 acres of rolling pastures with development potential.
      5300 Desoto Rd, Walls, MS 38680
      View Details
    • $3,679,090
      11,945 SF

      NN Investment Property with Options

      Long-term investment opportunity with drive-thru and extension options.
      6040 Goodman Rd, Walls, MS 38680
      View Details

    Nearby Similar for Sale

    • $3,709,593
      4,503 SF

      Horn Lake Medical Investment Opportunity

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    • $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
      View Details

    FAQs

    What type of property is this?
    Land - 2.92-acre lot, ideal retail development
    Where is this land located?
    The property is located at 4578 Goodman Rd Horn Lake, MS.
    What is the asking price?
    The asking price for this property is $631,620.
    What are key features of this property?
    This property features: Excellent commercial location.; Two lots offering high development potential.; Ample space for a strip center with shared parking.
    Request Owner's contact information
    4578 Goodman Rd 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
    4578 Goodman Rd Horn Lake, MS 38637
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