Property profile

3212 Goodman Rd E Southaven, MS 38672

FOR SALE
Banks
Property ID
US50-0179767
5,386 SF 1.61 ac lot Built 2006
Entity Owned 2-yr Hold Free & Clear
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3212 Goodman Rd E, Southaven, MS 38672 For Sale
Contact for pricing 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

Current use

Occupant on record · Public records
  • Bank Loan Service

Location

3212 Goodman Rd E Southaven, MS 38672
Southaven metro Census 70524 MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$735k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2021
Price N/A

Zoning & alternative use

C-4 · Southaven, MS
Zoning description

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 bu…

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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