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    304 Market Plz Southaven, MS 38671

    Sponsored
    For Sale
    Contact for pricing

    Prime Southaven location, high traffic, retail ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 2.48-acre commercial land parcel presents a remarkable opportunity in the thriving Southaven, Mississippi market. Situated at the highly visible northwest corner of Goodman Road and Southcrest Boulevard in DeSoto County, this property boasts significant advantages for developers and investors. The site is fully serviced, including existing paving, site lighting, and all necessary utilities, significantly reducing development costs and timelines. A pad site is available, allowing for the construction of a building up to 22,000 square feet. This location benefits from exceptional visibility and accessibility, surrounded by a dense concentration of major national retailers, including Walmart, Home Depot, Lowe's, Target, Best Buy, Office Depot, Dillard's, Burlington, JCPenney, Aldi, Petco, Old Navy, Marshalls, Dollar Tree, GNC, Rack Room, CVS, AT&T, Chick-Fil-A, Advance Auto Parts, Chili's, McDonalds, Wendy's, and Back Yard Burgers, ensuring high foot traffic and consumer visibility. The property's strategic location also benefits from substantial traffic counts, with I-55 boasting an average annual daily traffic (AADT) of 68,000 vehicles and Goodman Road West registering 40,000 AADT. This prime location offers unparalleled potential for a variety of commercial developments, making it an ideal investment for businesses seeking high visibility and access to a large consumer base in a rapidly growing area. The property is located at 304 Market Plaza, Southaven, MS 38671.

    Property Features for 304 Market Plz

    General Information

    Property type
    Land
    Lot Size
    108,029 SF

    HighLights

    • 2.48‑acre commercial land parcel in Southaven, MS.
    • Pad‑ready site available for up to 22,000 SF building.
    • Excellent visibility and access; surrounded by major national retailers including Walmart, Home Depot, and many more.
    • High traffic counts: I‑55 (68,000 AADT) and Goodman Road West (40,000 AADT).
    Property Profile Location Intelligence

    Current Use by Public Records

    Best Buy Electronics Store Geek Squad Computer Service

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Southaven
    County
    DeSoto
    State
    Mississippi
    Longitude
    -89.9952641
    Latitude
    34.9653898

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    FAQs

    What type of property is this?
    Land - Prime Southaven location, high traffic, retail ready.
    Where is this land located?
    The property is located at 304 Market Plz Southaven, MS.
    What are key features of this property?
    This property features: 2.48-acre commercial land parcel in Southaven, MS.; Pad-ready site available for up to 22,000 SF building.; Excellent visibility and access; surrounded by major national retailers including Walmart, Home Depot, and many more.
    Request Owner's contact information
    304 Market Plz 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
    304 Market Plz Southaven, MS 38671
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