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    3043 College Rd Southaven, MS 38672

    Sponsored
    For Sale
    $1,350,000

    High-traffic commercial land, excellent visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.38-acre commercial land parcel presents a remarkable investment opportunity in the thriving Southaven, Mississippi market. Located at the hard corner of College Road and Getwell Road, this property boasts approximately 310 feet of frontage on College Road and approximately 350 feet of frontage on Getwell Road. The strategic location at a signalized intersection ensures high visibility and accessibility for any commercial venture. All utilities are readily available at or near the site, simplifying development and minimizing upfront costs. The property benefits from its proximity to a newly opened Interstate, further enhancing its accessibility and appeal. Getwell Road, a major thoroughfare extending to Memphis, provides significant traffic flow and exposure. The site is conveniently located just three miles south of Goodman Road, and is surrounded by some of the fastest-growing residential neighborhoods in the area. This prime location is situated within a rapidly expanding region, with Southaven boasting a population of approximately 43,000 and DeSoto County having a population of approximately 175,000, offering a substantial and growing customer base. The property's commercial zoning permits a wide range of development possibilities, making it an ideal investment for businesses seeking high visibility and convenient access to a large consumer market. The asking price for this exceptional property is $1,350,000.

    Property Features for 3043 College Rd

    General Information

    Property type
    Land
    Lot Size
    103,673 SF

    HighLights

    • New interstate provides excellent access.
    • High‑traffic location on Getwell Road, extending to Memphis.
    • Proximity to Goodman Road (3 miles south).
    • Surrounded by rapidly expanding residential areas.
    • Strong demographics: Southaven population ~43,000, DeSoto County ~175,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kindercare learning 2 ... Church

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Pharmacy Gym & Fitness Skin Care Clinic Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Southaven
    County
    Desoto
    State
    Mississippi
    Longitude
    -89.9363808
    Latitude
    34.918383

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    FAQs

    What type of property is this?
    Land - High-traffic commercial land, excellent visibility.
    Where is this land located?
    The property is located at 3043 College Rd Southaven, MS.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: New interstate provides excellent access.; High-traffic location on Getwell Road, extending to Memphis.; Proximity to Goodman Road (3 miles south).
    Request Owner's contact information
    3043 College 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
    3043 College Rd Southaven, MS 38672
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