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Property profile & analytics

385 Stateline Rd Southaven, MS 38671

  • Commercial real estate
  • 8.72 lot acres
For Sale
Last Sale
Mar 24, 2021
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US50-0406380
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • HeartLand Hands Food Pantry / Food Bank
  • National Guard Armory / Government Office
  • Hamilton Self Storage / Self-Storage Facility
  • U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency

Property Details for 385 Stateline Rd

Year built
1985
Lot size
8.72 lot acres
Zone code
C-3
Property type
Commercial real estate
APN
1-08-6-24-17-0-00002-00
APU
1086241700000200

Description

This exceptional offering presents two contiguous 1-acre commercial land parcels, ideally situated at 385 Stateline Road West in Southaven, Mississippi, within DeSoto County (zip code 38671). Each lot, identified as Lot 2A and Lot 2B, is individually priced at $799,000. The combined acreage totals 2 acres, presenting a significant opportunity for developers or investors seeking a substantial presence in this thriving Mississippi market. The property's location offers excellent visibility and accessibility, making it suitable for a wide range of commercial ventures. The land is classified as commercial and is ready for immediate development, eliminating lengthy permitting processes and allowing for swift project commencement. Given the strategic location and the size of the lots, this property represents a rare opportunity to acquire prime commercial real estate in a rapidly growing area. The asking price of $799,000 per lot reflects the exceptional value and potential for significant return on investment. Interested parties are encouraged to act swiftly, as opportunities of this caliber are seldom available. Detailed site plans and surveys are available upon request. This is a turnkey opportunity to establish a strong commercial presence in a high-demand location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Southaven
County
Desoto
State
Mississippi
Longitude
-89.9956
Latitude
34.9901
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$90,277
$0.00
$0.00
$622,839
-
$767,527
$3,384,734
$4,152,261
More about this property
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