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Property profile & analytics
OFF-MARKET
Land

0 Rasco Rd Southaven, MS 38671

10.55 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.55-acre property in Southaven, Mississippi, presents a unique investment opportunity. Located in the desirable Greenbrook neighborhood and zoned PUD, this land is comprised of two parcels totaling 10.55 acres (5.89 acres and 4.66 acres). The property is permitted and entitled for a mixed-use development, offering significant potential for a variety of projects. Approved plans include up to 80 multi-family units (817-917 sq ft 1-bedroom flats), 16 buildable lots, and 13,770 square feet of retail or office space. The concept design for the 5.89-acre parcel incorporates two three-story buildings, multiple common areas, a gated living area, a dog park, walking trails, a pool, and a cabana. The land value is $68.99 per square foot, making this a compelling offering in the thriving Desoto County market. The property's location in Southaven, MS, zip code 38671, offers easy access to major transportation routes and amenities. This is an ideal opportunity for developers seeking to create a vibrant and desirable community. The property is offered at $750,000.

Property profile
Verified
Property type Land
Lot 10.55 ac (459,558 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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