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Property profile & analytics
OFF-MARKET
Land

I-22 @ Hacks Cross Olive Branch, MS 38654

1 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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