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    Goodman Rd And Pleasant Hl Rd Olive Branch, MS 38654

    For Sale
    $2,000,000

    Prime 2.2-acre commercial lot, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 2.2-acre commercial land parcel presents a remarkable investment opportunity in the thriving Olive Branch, Mississippi market. Situated at the high-traffic intersection of Goodman Road and Pleasant Hill Road, this property boasts over 31,000 vehicles per day, ensuring significant visibility and accessibility for any development. Its ideal location places it amongst a strong roster of established national retailers, including Target, Academy Sports, Hobby Lobby, Home Goods, TJMaxx, Michaels, and Ross Dress for Less, creating a synergistic environment for potential businesses. The property's size is well-suited for a large-scale development, such as a big-box retail store. Two signalized access points provide convenient and efficient ingress and egress, enhancing the overall convenience and appeal of the site. The asking price for this prime commercial land is $2,000,000. Located in DeSoto County, Mississippi, with a zip code of 38654, this property offers unparalleled potential for growth and return on investment in a rapidly expanding retail corridor. The coordinates are 34.9625788 latitude and -89.9013553 longitude. This is a rare opportunity to acquire a highly visible and strategically located parcel in a thriving retail environment.

    Property Features for 0 Goodman Rd And Pleasant Hl Rd

    General Information

    Property type
    Land
    Lot Size
    95,832 SF

    HighLights

    • 2.2‑acre commercial land parcel in Olive Branch, MS.
    • High‑traffic location at Goodman Rd and Pleasant Hill Rd (31,000+ vehicles/day).
    • Excellent visibility and accessibility; surrounded by national retailers (Target, Academy Sports, etc.).
    • Suitable for large‑scale development (e.g., big‑box retail).
    • Two signalized access points.
    • Asking price: $2,000,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Olive Branch
    County
    DeSoto
    State
    Mississippi
    Longitude
    -89.9013553
    Latitude
    34.9625788

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    FAQs

    What type of property is this?
    Land - Prime 2.2-acre commercial lot, high traffic.
    Where is this land located?
    The property is located at Goodman Rd And Pleasant Hl Rd Olive Branch, MS.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 2.2-acre commercial land parcel in Olive Branch, MS.; High-traffic location at Goodman Rd and Pleasant Hill Rd (31,000+ vehicles/day).; Excellent visibility and accessibility; surrounded by national retailers (Target, Academy Sports, etc.).
    (601) 899-2801
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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
    Goodman Rd And Pleasant Hl Rd Olive Branch, MS 38654
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