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    Clarington Dr Southaven, MS 38671

    For Sale
    $450,000

    0.9-acre medical site, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Exceptional 0.9-acre commercial land parcel presents a unique investment opportunity in Southaven, Mississippi. Ideally situated on Clarington Drive, this property enjoys unparalleled visibility and accessibility. Its proximity to the newly constructed Memphis Obstetrics & Gynecological Association (MOGA) building and Baptist Memorial Hospital DeSoto Campus positions it within a thriving medical corridor. The site's location just one mile from Interstate 55 ensures convenient access to Memphis and the rest of DeSoto County, further enhancing its appeal. A 20-minute drive to East Memphis underscores its strategic central location within a high-growth area. This property benefits from its placement in North Mississippi's most active retail and commercial corridor, experiencing high traffic volume with approximately 38,000-39,000 vehicles daily traversing Goodman Road nearby. Southaven's status as Mississippi's fifth-largest city and its position among the state's top five fastest-growing areas highlight the significant long-term growth potential. DeSoto County's robust population growth, reaching 191,723 residents in 2022, further solidifies this property's investment value. The asking price for this exceptional commercial land is $450,000.

    Property Features for 0 Clarington Dr

    General Information

    Property type
    Land
    Lot Size
    39,204 SF

    HighLights

    • Excellent visibility near the new MOGA building on Airways Blvd.
    • Directly across from Baptist Memorial Hospital DeSoto Campus.
    • One mile from I‑55, providing easy access to Memphis and DeSoto County.
    • Convenient 20‑minute drive to East Memphis.
    • Situated in North Mississippi's premier retail and commercial corridor.
    • High traffic count: 38,000‑39,000 vehicles daily on nearby Goodman Rd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Southaven
    County
    DeSoto
    State
    Mississippi
    Longitude
    -89.988631
    Latitude
    34.97159

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    FAQs

    What type of property is this?
    Land - 0.9-acre medical site, prime location.
    Where is this land located?
    The property is located at Clarington Dr Southaven, MS.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Excellent visibility near the new MOGA building on Airways Blvd.; Directly across from Baptist Memorial Hospital DeSoto Campus.; One mile from I-55, providing easy access to Memphis and DeSoto County.
    Request Owner's contact information
    Clarington Dr 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
    Clarington Dr Southaven, MS 38671
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