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    5300 Goodman Rd Olive Branch, MS 38654

    For Sale
    Contact for pricing

    6.6 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 6.6-acre commercial land parcel presents a prime development opportunity in Olive Branch, Mississippi. Situated on Goodman Road, this property boasts approximately 35,000 vehicles passing daily, ensuring high visibility and accessibility for any commercial or retail venture. Its strategic location at the intersection of Goodman and Pleasant Hill Roads provides convenient access to both thoroughfares and benefits from a traffic light on Goodman Road. The site is ideally positioned within Olive Branch's thriving commercial district, surrounded by established businesses and residential areas. Nearby amenities include popular restaurants such as Mugshot's Grill, Corky's, Jason's Deli, Crumbl Cookies, Pyro's Pizza, and Moe's, as well as major retailers like Target, T.J. Maxx, HomeGoods, Academy Sports, Hobby Lobby, ALDI, and Ulta. The property's proximity to several large neighborhoods guarantees a substantial customer base. Furthermore, its location is approximately 3 miles from Interstate 78, providing easy access to regional transportation networks. The land is priced at $6.50 per square foot, offering a compelling investment opportunity for developers seeking a high-traffic, well-located site in a rapidly growing area. The address is 5300 Goodman Rd, Olive Branch, MS 38654, in DeSoto County.

    Property Features for 5300 Goodman Rd

    General Information

    Property type
    Land
    Lot Size
    287,496 SF

    HighLights

    • Goodman Road frontage.
    • Prime Olive Branch commercial district location.
    • Surrounding restaurants include Mugshot's Grill, Corky's, Jason's Deli, Crumbl Cookies, Pyro's Pizza, and Moe's.
    • Nearby retailers include Target, T.J. Maxx, HomeGoods, Academy Sports, Hobby Lobby, ALDI, and Ulta.
    • Approximately 3 miles from Interstate 78.
    • Surrounded by large residential neighborhoods.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Olive Branch
    County
    DeSoto
    State
    Mississippi
    Longitude
    -89.895944
    Latitude
    34.961417

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    FAQs

    What type of property is this?
    Land - 6.6 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 5300 Goodman Rd Olive Branch, MS.
    What are key features of this property?
    This property features: Goodman Road frontage.; Prime Olive Branch commercial district location.; Surrounding restaurants include Mugshot's Grill, Corky's, Jason's Deli, Crumbl Cookies, Pyro's Pizza, and Moe's.
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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
    5300 Goodman Rd Olive Branch, MS 38654
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