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    Water Front Dr Southaven, MS 38671

    For Sale
    $825,000

    Prime Southaven development land, water frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial development opportunity encompasses 12.20 acres of prime land situated in the southeastern quadrant of Airways and State Line Roads in Southaven, Mississippi. The property boasts approximately 500 feet of desirable waterfront access to Greenbrook Lake, enhancing its appeal and potential. This offering comprises four contiguous undeveloped tracts available for purchase as a single unit, presenting a unique opportunity for large-scale development. The land is zoned for commercial use, providing flexibility for a variety of projects. Three potential access points exist via established and paved roadways on Water Front Road, which curves north towards State Line Road. The property's northern area is bordered by Centre Street, an established area with existing office developments, particularly adjacent to the 8.26-acre tract. The location benefits from its proximity to existing retail, office, and other commercial developments in the northern part of Southaven. Detailed aerial photographs are available upon request, providing a comprehensive visual representation of the property's layout and surroundings. The asking price is $825,000, with a land value of $1.55 per square foot. The property is privately owned. The lot size ranges from 0.71 to 8.26 acres.

    Property Features for 0 Water Front Dr

    General Information

    Property type
    Land
    Lot Size
    30,928 SF

    HighLights

    • Prime Southaven, MS location with existing retail and office development nearby.
    • Approximately 500 feet of desirable waterfront frontage.
    • Three potential access points via paved Airways Blvd. to Water Front Rd., providing convenient access to State Line Rd.
    • 8.26‑acre tract bordered to the north by Centre St., an established street with existing office buildings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Southaven
    County
    DeSoto
    State
    Mississippi
    Longitude
    -89.9874034
    Latitude
    34.9896759

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    FAQs

    What type of property is this?
    Land - Prime Southaven development land, water frontage.
    Where is this land located?
    The property is located at Water Front Dr Southaven, MS.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: Prime Southaven, MS location with existing retail and office development nearby.; Approximately 500 feet of desirable waterfront frontage.; Three potential access points via paved Airways Blvd. to Water Front Rd., providing convenient access to State Line Rd.
    Request Owner's contact information
    Water Front 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
    Water Front Dr Southaven, MS 38671
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