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    6501 Hwy Horn Lake, MS 38637
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    6501 Hwy, Horn Lake, MS 38637

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    • Mixed-use properties
    • 2,928 SF
    • 1.10 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Mixed-use properties

    Property Details for 6501 Hwy

    Year built
    1965
    Lot size
    1.10 lot acres
    Property type
    Mixed-use properties
    Property subtype
    Land

    Description

    This exceptional 1.1-acre property in Horn Lake, Mississippi, presents a compelling investment opportunity. Located at 6501 U.S. Hwy 51, this mixed-use site boasts a 2,928 square foot, five-bedroom, 3.5-bathroom residence built in 1965, situated amidst established commercial properties on Highway 51 North. The property's strategic location offers significant potential for various commercial ventures, including office space conversion or multi-family usage. The existing home features hardwood floors, cedar closets, and new appliances, along with two master suites and a spacious living room. Additional interior amenities include an eat-in breakfast area and a separate dining room. Exterior features include a single garage, a single carport, and a workshop with a "clean-to" area and a private patio. The asking price is $429,500. This property's versatility, prime location, and substantial size make it an ideal investment for discerning buyers seeking high-yield potential in a thriving commercial corridor. The property consists of two buildings. Broker co-op is available.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Horn Lake
    County
    DeSoto
    State
    Mississippi
    Longitude
    -90.0173
    Latitude
    34.9553
    More about this property
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