125 Guthrie Dr Southaven, MS 38671
For Sale
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This exceptional 0.75-acre commercial land parcel presents a remarkable investment opportunity in Southaven, Mississippi. Situated in DeSoto County's thriving medical corridor, this property boasts an unparalleled location at the northeast quadrant of Goodman Road and Airways Boulevard, ensuring excellent visibility and accessibility. The site is ideally suited for medical or office development, capitalizing on the area's robust healthcare sector and strong demand for commercial space. Its strategic placement provides convenient access to a wide array of restaurants and retail amenities, enhancing its appeal to both businesses and employees. The land is priced at $10 per square foot, representing a compelling value proposition for developers seeking a prime location within a rapidly growing market. The address is 125 Guthrie Drive, Southaven, MS 38671. This property offers significant potential for substantial returns, making it an attractive investment for discerning buyers. The property is zoned for commercial use (verification required). The site's location within the medical corridor offers proximity to existing medical facilities and a large pool of potential patients and employees. The high traffic count on Goodman Road and Airways Boulevard ensures significant visibility for any development on this site.
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Chauhan Ravi D MD Physician Medical Clinic
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Robert S. Hollabaugh, Jr., M.D., FACS Physician Medical Clinic
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Thomas Berkley Shelton Physician Medical Clinic
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Ravi Dinesh Chauhan Physician Medical Clinic
This district is intended to permit the development and maintenance of planned commercial developments, including shopping centers, characterized by single structure or an integrated complex of structures with planned building locations, parking and loading areas, driveways and landscaping. Such planned commercial developments may be designed to serve areas…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-4 · Southaven, MSThis district is intended to permit the development and maintenance of planned commercial developments, including shopping centers, characterized by single structure or an integrated complex of structures with planned building locations, parking and loading areas, driveways and landscaping. Such planned commercial developments may be designed to serve areas ranging from a neighborhood to the entire urban area
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.