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    3212 Goodman Rd E, Southaven, MS 38672

    5,386 SF 1.61 ac lot Built 2006
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US50-0179767
    3212 Goodman Rd E, Southaven, MS 38672 For Sale
    $4,138,200 5,386 SF
    3212 Goodman Rd E, Southaven, MS 38672
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    Property summary
    AI-generated overview

    This exceptional 10-acre +/- commercial property presents a remarkable investment opportunity in Southaven, Mississippi. Strategically located on Goodman Road East, at the corner of Creech Drive, this parcel boasts approximately 365 feet of frontage along Goodman Road, ensuring high visibility and accessibility. The property benefits from excellent traffic circulation, with three roads providing convenient access. Zoned C-4 Planned Commercial, this land is ideally suited for a variety of retail or office developments. The location offers easy access to Getwell Road via Creech Drive, placing your business within reach of a substantial consumer base. The site enjoys proximity to major thoroughfares, including Interstate 55 and Interstate 240, as well as east Memphis, making it easily accessible to a wider regional market. This high-traffic area sees an average daily count of 38,000 vehicles on Goodman Road. The surrounding area is anchored by established businesses such as Kroger, DAC, AutoZone, Sonic, First Tennessee, and CVS, creating a vibrant and thriving commercial environment. Southaven's population of approximately 43,000, coupled with DeSoto County's population of approximately 175,000, ensures a large potential customer base. This prime commercial land offers an unparalleled opportunity to establish a successful business in a rapidly growing area. The asking price is $4,138,200.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 2006
    Construction MIXED
    Total area 5,386 SF
    Lot 1.61 ac (70,147 SF)
    Zoning code C-4
    APN 1-07-8-27-12-0-00003-00
    UPID US50-0179767
    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
    • First Horizon Bank Bank Loan Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    First Choice Bank · 2 yrs held
    First Choice Bank
    since 2024
    2 recorded transactions
    2024
    2021
    Zoning & alternative use
    C-4 · Southaven, MS
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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