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Property profile & analytics
OFF-MARKET
Land

3352 Goodman Rd Southaven, MS 38672

24 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 24-acre commercial land parcel presents a prime development opportunity in Southaven, Mississippi. Strategically located at the intersection of Goodman Road and Getwell Road, this property boasts over 1000 feet of frontage on Goodman Road and a depth of 1100 feet. Zoned C-4 Planned Commercial, it's ideally suited for a variety of retail or office developments. The site benefits from excellent visibility and accessibility, with an average daily traffic count of 38,000 vehicles on Goodman Road. All utilities are available at or near the site, simplifying development. The property's location offers convenient access to Interstate 55 and Interstate 240, as well as east Memphis, serving a substantial population base. Southaven's population is approximately 43,000, with DeSoto County's population reaching approximately 175,000. Nearby established businesses include Kroger, DAC, AutoZone, Sonic, First Tennessee, and CVS, indicating a strong and thriving commercial environment. A potential opportunity exists for a traffic signal at the intersection of Snowden Lane and Goodman Road, further enhancing visibility and accessibility. This property represents a significant investment opportunity in a high-growth area. The asking price is $8,900,000.

Property profile
Verified
Property type Land
Lot 24 ac (1,045,440 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
Current use
Occupant on record · Public records
  • Southgate Medical Supply LLC Medical Supply Store
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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