305 Cockrum Rd Hwy Olive Branch, MS 38654
This exceptional 84-acre mixed-use development opportunity is located at the southeast quadrant of US Highway 78 and Cockrum Road (Highway 305) in Olive Branch, Mississippi, DeSoto County, zip code 38654. The property is currently vacant and presents a unique chance to create a thriving commercial hub. The proposed development encompasses a diverse range of uses, including retail space for lease, outparcels for sale, office space, multi-family residential units, single-family homes, and townhomes. A supermarket and senior living facility are also planned components of this ambitious project. This prime location benefits from significant traffic volume, with US Highway 78 boasting an average annual daily traffic (AADT) of 32,000 vehicles and Cockrum Road (Highway 305) recording an AADT of 23,000 vehicles. The site's strategic positioning ensures high visibility and accessibility, making it an ideal location for a variety of commercial ventures. Further property information can be found at www.explorecascades.com. This is a rare opportunity to acquire a large-scale development site in a rapidly growing area of Mississippi.
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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