Property profile

5300 Goodman Rd Olive Branch, MS 38654

OFF-MARKET
Land
6.6 ac lot
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Property summary

AI-generated overview

This exceptional 6.6-acre commercial land parcel presents a prime development opportunity in Olive Branch, Mississippi. Situated on Goodman Road, this property boasts approximately 35,000 vehicles passing daily, ensuring high visibility and accessibility for any commercial or retail venture. Its strategic location at the intersection of Goodman and Pleasant Hill Roads provides convenient access to both thoroughfares and benefits from a traffic light on Goodman Road. The site is ideally positioned within Olive Branch's thriving commercial district, surrounded by established businesses and residential areas. Nearby amenities include popular restaurants such as Mugshot's Grill, Corky's, Jason's Deli, Crumbl Cookies, Pyro's Pizza, and Moe's, as well as major retailers like Target, T.J. Maxx, HomeGoods, Academy Sports, Hobby Lobby, ALDI, and Ulta. The property's proximity to several large neighborhoods guarantees a substantial customer base. Furthermore, its location is approximately 3 miles from Interstate 78, providing easy access to regional transportation networks. The land is priced at $6.50 per square foot, offering a compelling investment opportunity for developers seeking a high-traffic, well-located site in a rapidly growing area. The address is 5300 Goodman Rd, Olive Branch, MS 38654, in DeSoto County.

Property profile

Verified
Property type Land
Lot 6.6 ac (287,496 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5300 Goodman Rd Olive Branch, MS 38654
Olive Branch metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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