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    Elmore Rd Southaven, MS 38671

    Sponsored
    For Sale
    $650,000

    2.13-acre C-4 zoned commercial lot in Southaven, MS

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2.13-acre commercial land parcel, located at the corner of Elmore Road and Marathon Way in Southaven, Mississippi, presents a unique investment opportunity. Situated in DeSoto County, zip code 38671, this property boasts a highly desirable C-4 zoning designation, making it ideally suited for a variety of commercial uses. The zoning permits development of medical facilities, office buildings, and retail establishments, offering considerable flexibility for potential buyers. Its convenient location, just south of the Goodman Road and Elmore Road intersection, ensures excellent visibility and accessibility for any future business. The expansive lot size provides ample space for substantial development, catering to a wide range of project scales and designs. The asking price for this prime commercial land is $650,000. This represents a compelling investment opportunity in a thriving Mississippi market. The property is being offered for sale directly by the owner, providing a streamlined transaction process. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. The property's coordinates are 34.957453272934764 latitude and -89.98136223734495 longitude.

    Property Features for 0 Elmore Rd

    General Information

    Property type
    Land
    Lot Size
    92,783 SF

    HighLights

    • Highly visible corner lot at the intersection of Goodman and Elmore Roads.
    • Excellent location just south of the Goodman/Elmore intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Southaven
    County
    DeSoto
    State
    Mississippi
    Longitude
    -89.981362237345
    Latitude
    34.957453272935

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    FAQs

    What type of property is this?
    Land - 2.13-acre C-4 zoned commercial lot in Southaven, MS
    Where is this land located?
    The property is located at Elmore Rd Southaven, MS.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Highly visible corner lot at the intersection of Goodman and Elmore Roads.; Excellent location just south of the Goodman/Elmore intersection.;
    Request Owner's contact information
    Elmore Rd Southaven, MS 38671
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    Southaven, MS 38671
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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
    Elmore Rd Southaven, MS 38671
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