0 Elmore Rd Southaven, MS 38671
This exceptional 2.13-acre commercial land parcel, located at the corner of Elmore Road and Marathon Way in Southaven, Mississippi, presents a unique investment opportunity. Situated in DeSoto County, zip code 38671, this property boasts a highly desirable C-4 zoning designation, making it ideally suited for a variety of commercial uses. The zoning permits development of medical facilities, office buildings, and retail establishments, offering considerable flexibility for potential buyers. Its convenient location, just south of the Goodman Road and Elmore Road intersection, ensures excellent visibility and accessibility for any future business. The expansive lot size provides ample space for substantial development, catering to a wide range of project scales and designs. The asking price for this prime commercial land is $650,000. This represents a compelling investment opportunity in a thriving Mississippi market. The property is being offered for sale directly by the owner, providing a streamlined transaction process. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. The property's coordinates are 34.957453272934764 latitude and -89.98136223734495 longitude.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.