5515 Ms-305 Olive Branch, MS 38654
- Land
- 3.92 lot acres
Current Use by Public Records
- Land
Property Details for 5515 Ms-305
- Lot size
- 3.92 lot acres
- Property type
- Land
Description
This exceptional 3.92-acre commercial land parcel presents a compelling investment opportunity in the thriving Olive Branch, Mississippi market. Located at a key, lighted intersection just off I-22 on Highway 305 (Nail Road), this property boasts an almost perfectly square shape, measuring approximately 290 feet by 375 feet. Its dimensions offer significant flexibility for a variety of commercial developments. The lot's extra depth provides ample space, making it particularly well-suited for self-storage facilities. Furthermore, the property benefits from extra-wide ingress and egress points directly off MS 305, ensuring convenient access and high visibility. This strategic location capitalizes on the increasing truck traffic along Nail Road, driven by the expansion of e-commerce warehousing to serve North Mississippi and the Memphis metropolitan area. The property's proximity to the Tanger Outlet and anticipated future development further enhances its long-term growth potential. The property is zoned Commercial - C4, allowing for a wide range of commercial uses. The asking price for this exceptional property is $1,425,804. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area. The property's size, location, and zoning make it an ideal investment for developers seeking to capitalize on the robust economic activity in Olive Branch and the surrounding region. The DeSoto County location and 38654 zip code offer easy access to major transportation arteries and a strong local market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Olive Branch
- County
- DeSoto
- State
- Mississippi
- Longitude
- -89.8315
- Latitude
- 34.9407
