0 E & Tchulahoma Rd Southaven, MS 38672
This exceptional 3.39-acre commercial land parcel, located at the intersection of Goodman Road East and Tchulahoma Road in Southaven, Mississippi, presents a remarkable investment opportunity. Zoned C-4 Commercial, this property boasts significant frontage of 417 feet along Goodman Road, ensuring high visibility and accessibility. The site's strategic location offers convenient access to major transportation arteries, situated just 2.3 miles east of Interstate 55 and 5.75 miles west of Highway 78, providing excellent connectivity for businesses and customers. With an average daily traffic count of 32,000 vehicles, this location guarantees substantial exposure. The survey reveals a gross area of 3.39 acres, with a net usable area of 3.21 acres. The asking price for the entire parcel is $1,700,000. Alternatively, the owner is open to considering partitioning the land, offering flexibility for various development scenarios. A ground lease option is also available, with an annual price of $150,000. This property in DeSoto County, zip code 38672, presents a unique chance to acquire a highly desirable commercial site in a thriving Mississippi market. Don't miss this chance to secure a prime location for your next commercial venture.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.