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Property profile & analytics
OFF-MARKET
Land

0 Water Front Dr Southaven, MS 38671

0.71 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial development opportunity encompasses 12.20 acres of prime land situated in the southeastern quadrant of Airways and State Line Roads in Southaven, Mississippi. The property boasts approximately 500 feet of desirable waterfront access to Greenbrook Lake, enhancing its appeal and potential. This offering comprises four contiguous undeveloped tracts available for purchase as a single unit, presenting a unique opportunity for large-scale development. The land is zoned for commercial use, providing flexibility for a variety of projects. Three potential access points exist via established and paved roadways on Water Front Road, which curves north towards State Line Road. The property's northern area is bordered by Centre Street, an established area with existing office developments, particularly adjacent to the 8.26-acre tract. The location benefits from its proximity to existing retail, office, and other commercial developments in the northern part of Southaven. Detailed aerial photographs are available upon request, providing a comprehensive visual representation of the property's layout and surroundings. The asking price is $825,000, with a land value of $1.55 per square foot. The property is privately owned. The lot size ranges from 0.71 to 8.26 acres.

Property profile
Verified
Property type Land
Lot 0.71 ac (30,928 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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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