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    8938 Ms-301 Walls, MS 38680

    For Sale
    $195,000

    1.45 AC Commercial Land, Walls, MS

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1.45-acre commercial land parcel presents a prime investment opportunity in Walls, Mississippi. Strategically located on the corner of Highway 301 and Stateline Road, this property boasts over 219 feet of frontage on both major thoroughfares, ensuring high visibility and accessibility. Zoned C-4 per the DeSoto County Assessor's records, this lot is ideally suited for a variety of retail uses, including a gas station, quick-service restaurant (QSR), or other commercial ventures. The asking price is $195,000. Its location offers easy access to the thriving communities of Memphis, Horn Lake, and Southaven, making it an attractive prospect for businesses seeking to capitalize on the region's robust growth. This property represents a rare chance to secure a well-positioned commercial lot with significant development potential in a rapidly expanding area. The address is 8938 MS-301, Walls, MS 38680. This is a remarkable opportunity to get ahead of the curve and secure a piece of Mississippi's burgeoning commercial landscape. Don't miss out on this exceptional investment.

    Property Features for 8938 Ms-301

    General Information

    Property type
    Land
    Lot Size
    63,162 SF

    HighLights

    • 1.45‑acre commercial lot with over 219 feet of frontage on Highway 301 and Stateline Road.
    • Excellent location for future growth.
    • Easy access to Memphis, Horn Lake, and Southaven.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Walls
    County
    DeSoto
    State
    Mississippi
    Longitude
    -90.096251554544
    Latitude
    34.991011498032

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 1.45 AC Commercial Land, Walls, MS
    Where is this land located?
    The property is located at 8938 Ms-301 Walls, MS.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: 1.45-acre commercial lot with over 219 feet of frontage on Highway 301 and Stateline Road.; Excellent location for future growth.; Easy access to Memphis, Horn Lake, and Southaven.
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    8938 Ms-301 Walls, MS 38680
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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
    8938 Ms-301 Walls, MS 38680
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