8420 Hwy 51st N Southaven, MS 38671-3632
- Retail residential properties
- 1,435 SF
- 0.18 lot acres
Apr 20, 2023
Current Use by Public Records
- Retail residential properties
Property Details for 8420 Hwy 51st N
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.18 lot acres
- Property size
- 1,435 SF
- Zone code
- C-4
- Property type
- Retail residential properties
- APN
- 1-08-6-23-00-0-00058-00
- APU
- 1086230000005800
Description
This exceptional 1,435 sq ft commercial property, situated on a substantial 7.768-acre lot at 8420 Highway 51 N in Southaven, Mississippi, presents a remarkable investment opportunity. Currently utilized as a car lot, its versatile nature allows for a wide array of business ventures. The property's prime Highway 51 North location ensures high visibility and accessibility, making it ideal for businesses seeking strong foot traffic and convenient access for customers. The spacious lot offers ample parking and potential for expansion or future development. The asking price of $235,000 makes this an attractive proposition for entrepreneurs seeking a cost-effective entry into the Southaven market. Its suitability extends to various business types, including but not limited to beauty salons (braiding salons included), car washes, and a variety of small businesses or start-ups seeking a storefront presence. The property's adaptability and strategic location combine to create a compelling investment opportunity with significant potential for growth and return. This is a rare chance to acquire a well-positioned commercial property in a thriving area, offering both immediate usability and long-term development potential. Serious inquiries are encouraged to explore this promising venture.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Southaven
- County
- Desoto
- State
- Mississippi
- Longitude
- -90.0155
- Latitude
- 34.9835
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
