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Property profile & analytics
OFF-MARKET
Retail residential properties

8420 Hwy 51st N Southaven, MS 38671-3632

1,435 SF 0.18 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US50-0369436
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Construction CONCRETE BLOCKS
Total area 1,435 SF
Lot 0.18 ac (7,768 SF)
Zoning code C-4
APN 1-08-6-23-00-0-00058-00
UPID US50-0369436
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
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
Thomas Autobody And Repair LLC · 3 yrs held
Thomas Autobody And Repair LLC
since 2023
2 recorded transactions
2023
Price N/A
2020
Price N/A
Zoning & alternative use
C-4 · Southaven, MS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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