8626 Lamar Rd Olive Branch, MS 38654
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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