0 New Goodman Rd Ms-302 & Craft-Goodman Rd Olive Branch, MS 38654
This exceptional 17.18-acre commercial land parcel presents a prime development opportunity in Olive Branch, Mississippi. Located at the intersection of New Goodman Road (MS-302) and Craft-Goodman Road, this site boasts exceptional visibility and accessibility. The property is ideally suited for a mixed-use development, encompassing retail, restaurant, and hotel services. Several outparcels are available, ranging in size from 0.79 acres to 2.27 acres, allowing for flexibility in development plans. Building sizes for retail spaces can accommodate needs from 3,000 square feet to 7,100 square feet. This location benefits from high traffic counts, with New Goodman Road recording 30,000 average annual daily traffic (AADT) and US Highway 78 registering 34,000 AADT. The property's strategic position is further enhanced by its proximity to a thriving retail environment, including established businesses such as Walmart, Lowe's, Home Depot, Kroger, Chick-fil-A, Starbucks, and Buffalo Wild Wings. This presents a unique chance to capitalize on a high-traffic area with strong existing retail anchors, ensuring high visibility and potential for significant return on investment. The property is situated in DeSoto County, Mississippi, with a zip code of 38654. This is a rare opportunity to acquire a substantial tract of land in a rapidly growing area.
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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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.