I-22 @ Hacks Cross Olive Branch, MS 38654
This exceptional commercial land parcel, located in Olive Branch, Mississippi, presents a unique investment opportunity. Situated at the intersection of I-22 and Hacks Cross Road, this property boasts a highly desirable location in the rapidly growing DeSoto County. The property is zoned for commercial use, making it ideal for a variety of developments, including retail spaces or hotels. Its strategic position offers excellent visibility and accessibility, with convenient access to major transportation routes. The site is directly across from Methodist Hospital, providing a significant advantage for businesses catering to healthcare needs or a large employee base. Currently, there are 25 or more acres available for phases 2 and 3, with lot sizes to be determined. The asking price is $5,750,791, translating to $8 per square foot. All utilities, curb, and gutter are included, simplifying the development process. The property's location in the northwest quadrant of the US Highway 78 and Hacks Cross Road intersection ensures high traffic volume and exposure. The parcel's size (between 1 and 3 acres initially, with expansion options) offers flexibility for various development scales. The property's APN is 206111110 0000100. This is a for-sale-by-owner opportunity.
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.
Costs & Benchmarks
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.