0 8.72 Goodman Rd Olive Branch, MS 38654
This exceptional 8.72-acre lot presents a remarkable investment opportunity in Olive Branch, Mississippi. Ideally situated at the corner of Goodman Road and Malone Road, this property boasts 570 feet of frontage on Goodman Road, a major thoroughfare experiencing over 34,000 vehicles daily, ensuring high visibility and accessibility. The property is zoned C-4 on the front and A/R on the back, providing flexibility for a variety of commercial or residential developments. While a ditch traverses the land, the expansive size and prime location offer significant potential. Its proximity to I-22, I-269, and I-55 further enhances its strategic value. The asking price is $1,139,530, translating to $3 per square foot. The property's APN is 107726000 0001001. This versatile land parcel is suitable for retail, commercial, or residential projects, making it an attractive option for developers seeking a high-impact location in a rapidly growing area. Access to Faye Drive is also available. The property is located in Desoto County, Mississippi, with a zip code of 38654. This is a rare opportunity to acquire a large, well-located parcel with significant development potential.
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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Risks
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