Technical
Financial
Distress signals
Property profile

2304 Goodman Rd Horn Lake, MS 38637

FOR SALE
Banks
Property ID
US50-0321013
3,199 SF 1.06 ac lot Built 2005
Individually Owned 21-yr Hold Free & Clear
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Property summary

AI-generated overview

A 2,786-square-foot commercial building built in 2005, previously configured for bank operations and retaining infrastructure suited to financial service use. The interior includes three private offices, two workstations, four teller stations, and two drive-through teller stations, along with a lobby sitting area, supply and mechanical rooms, a break room with sink, and two restrooms. Security-related features include a safe and lockboxes, interior and exterior security cameras, and an installed security system. Exterior site features include a five-lane drive-through, an exterior night drop, and 30 parking spaces, with double front entry doors providing access to the building. The property is located on Goodman Road in Horn Lake, providing access to I-55 and I-69.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2005
Construction MIXED
Total area 3,199 SF
Lot 1.06 ac (46,213 SF)
Zoning code C-3
APN 1-08-8-27-18-0-00001-00
UPID US50-0321013

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Bank Loan Service

Location

2304 Goodman Rd Horn Lake, MS 38637
Horn Lake metro Census 70323 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Zoning & alternative use

C-3 · Horn Lake, MS
Zoning description

G. - GENERAL COMMERCIAL (C-3). 1. The "C-3" District is intended to provide for modern, attractive, and efficient retail, personal and professional commercial facilities with access needs which demand location along road…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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