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Property profile & analytics
OFF-MARKET
Land

8626 Lamar Rd Olive Branch, MS 38654

5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5-acre commercial lot presents a unique investment opportunity in the burgeoning Olive Branch, MS market. Currently zoned A-R, this property enjoys a strategic location adjacent to C1-3 zoning and directly across from M1 zoning, offering significant development potential. While the property currently consists of overgrown woods and timber, its past use included a residential structure which has since been removed. Access is currently available from the Camps Creek Blvd/railroad tracks side. The lot is situated between Olive Branch and Memphis, near Goodman Road and Riverdale, in close proximity to existing subdivisions and apartment complexes. The property backs up to the rear of a neighboring subdivision. Prospective buyers are strongly encouraged to verify intended use with DeSoto County Zoning before submitting offers, as zoning regulations may influence development plans. The asking price for this remarkable parcel is $450,000. The property's address is 8626 Lamar Rd, Olive Branch, MS 38654. This is a rare chance to acquire a substantial tract of land in a rapidly growing area, poised for significant future appreciation. Don't miss this chance to secure your piece of Olive Branch's vibrant commercial landscape.

Property profile
Verified
Property type Land
Lot 5 ac (217,800 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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