11201 Old Goodman Rd Olive Branch, MS 38654
This exceptional 1.682-acre commercial land parcel is strategically located at the intersection of Goodman Road and Hacks Cross Road in Olive Branch, Mississippi. Boasting approximately 397 feet of frontage along Goodman Road, this site benefits from an average daily traffic count of 34,000 vehicles. Its prime location places it in the heart of Olive Branch, just minutes from a diverse range of residential and commercial establishments. Nearby businesses include Fairfield Inn & Suites, Walgreens, ATC Fitness, AutoZone, McDonald's, Taco Bell, and Dollar General, ensuring high visibility and accessibility. All utilities are conveniently located at or near the site, simplifying development. The asking price is $1,465,532.60, translating to a land value of $20 per square foot. This property offers convenient access to major transportation arteries, providing easy commutes to Memphis, Germantown, and Collierville via Highway 78 and Interstate 69. The site is divisible, presenting opportunities for various development scenarios. This is a rare opportunity to acquire a highly visible and well-located commercial land parcel in a thriving Mississippi market. The property is situated at 11201 Old Goodman Rd, Olive Branch, MS 38654.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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