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    E & Tchulahoma Rd Southaven, MS 38672

    Sponsored
    For Sale
    $1,700,000

    Prime 3.39-acre commercial lot in Southaven, MS.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.39-acre commercial land parcel, located at the intersection of Goodman Road East and Tchulahoma Road in Southaven, Mississippi, presents a remarkable investment opportunity. Zoned C-4 Commercial, this property boasts significant frontage of 417 feet along Goodman Road, ensuring high visibility and accessibility. The site's strategic location offers convenient access to major transportation arteries, situated just 2.3 miles east of Interstate 55 and 5.75 miles west of Highway 78, providing excellent connectivity for businesses and customers. With an average daily traffic count of 32,000 vehicles, this location guarantees substantial exposure. The survey reveals a gross area of 3.39 acres, with a net usable area of 3.21 acres. The asking price for the entire parcel is $1,700,000. Alternatively, the owner is open to considering partitioning the land, offering flexibility for various development scenarios. A ground lease option is also available, with an annual price of $150,000. This property in DeSoto County, zip code 38672, presents a unique chance to acquire a highly desirable commercial site in a thriving Mississippi market. Don't miss this chance to secure a prime location for your next commercial venture.

    Property Features for 0 E & Tchulahoma Rd

    General Information

    Property type
    Land
    Lot Size
    147,668 SF

    HighLights

    • 3.39‑acre parcel, surveyed gross area.
    • 3.21‑acre net usable area.
    • 417 feet of frontage on Goodman Road.
    • C‑4 Commercial zoning.
    • 32,000 average daily traffic count.
    • 2.3 miles east of I‑55.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Southaven
    County
    DeSoto
    State
    Mississippi
    Longitude
    -89.9543715
    Latitude
    34.9624931

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    FAQs

    What type of property is this?
    Land - Prime 3.39-acre commercial lot in Southaven, MS.
    Where is this land located?
    The property is located at E & Tchulahoma Rd Southaven, MS.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: 3.39-acre parcel, surveyed gross area.; 3.21-acre net usable area.; 417 feet of frontage on Goodman Road.
    (601) 420-8080
    Request Owner's contact information
    E & Tchulahoma Rd Southaven, MS 38672
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    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
    E & Tchulahoma Rd Southaven, MS 38672
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