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    FOR LEASE
    Drug stores

    2955 Church Rd E, Southaven, MS 38671

    13,752 SF 2 ac lot Built 2009
    Entity Owned 16-yr Hold ~ Est. High Equity
    Property ID
    US50-0295206
    Property summary
    AI-generated overview

    This exceptional 2-acre commercial lot in Southaven, Mississippi, presents a remarkable investment opportunity. Located at 2955 Church Road E, this property boasts a prime location at the corner of Church Road E and Get Well Road, directly adjacent to a CVS drug store. The lot offers 275 feet of frontage on Church Road E and a depth of 316 feet, providing ample space for a variety of commercial developments. With high traffic counts—19,000 vehicles per day on Church Road and over 20,000 on Get Well Road—this site enjoys exceptional visibility and accessibility. The permitted zoning is commercial, making it ideal for a strip center, convenience store, free-standing retail building, restaurant, fast-food establishment, or medical/professional office building. Nearby retailers include Kroger, Target, Academy Sports, Hobby Lobby, Walmart, Walgreens, Home Depot, and Lowe's, indicating a strong and established retail environment. The property's APN is 207209130 0000200. This is a rare chance to acquire a highly visible and strategically located parcel in a thriving commercial area. Don't miss this chance to capitalize on this exceptional opportunity.

    Property profile
    Verified
    Property type Drug stores
    Use group DRUG STORE, PHARMACY
    Year built 2009
    Construction MIXED
    Total area 13,752 SF
    Lot 2 ac (87,291 SF)
    Zoning code C-4
    APN 2-07-2-09-13-0-00001-00
    UPID US50-0295206
    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
    Current use
    Occupant on record · Public records
    • CVS Photo (Bike/Boat/Book/etc) Store
    • CVS Pharmacy Pharmacy
    • MoneyGram Bank Credit Union
    • CVS Pharmacy
    • Redbox Cinema (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Scp 2009-c34-052 LLC · 16 yrs held
    Scp 2009-c34-052 LLC
    since 2010
    1 recorded transaction
    2010
    Zoning & alternative use
    C-4 · Southaven, MS
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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