0 Clarington Dr Southaven, MS 38671
Exceptional 0.9-acre commercial land parcel presents a unique investment opportunity in Southaven, Mississippi. Ideally situated on Clarington Drive, this property enjoys unparalleled visibility and accessibility. Its proximity to the newly constructed Memphis Obstetrics & Gynecological Association (MOGA) building and Baptist Memorial Hospital DeSoto Campus positions it within a thriving medical corridor. The site's location just one mile from Interstate 55 ensures convenient access to Memphis and the rest of DeSoto County, further enhancing its appeal. A 20-minute drive to East Memphis underscores its strategic central location within a high-growth area. This property benefits from its placement in North Mississippi's most active retail and commercial corridor, experiencing high traffic volume with approximately 38,000-39,000 vehicles daily traversing Goodman Road nearby. Southaven's status as Mississippi's fifth-largest city and its position among the state's top five fastest-growing areas highlight the significant long-term growth potential. DeSoto County's robust population growth, reaching 191,723 residents in 2022, further solidifies this property's investment value. The asking price for this exceptional commercial land is $450,000.
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
Physical attributes from public recordsZoning & alternative use
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.