New Listing10 Acres | 8438 & 8432 Highway 51 | Leased Commercial Investment | Southaven, MS Rare opportunity to acquire approximately 10.15 acres of commercial property along Highway 51 in Southaven. The offering includes both 8438 Highway 51 and the adjoining property at 8432 Highway 51, providing buyers with an expanded commercial footprint and substantial investment potential. Conveniently located with easy access to I-55. The property features approximately 14,000 square feet across two commercial buildings, four additional garage bays, substantial paved parking, gated access, and established commercial infrastructure. Amenities include three-phase electrical service, multiple electrical meters, public water and sewer, central HVAC, and truck-accessible areas. Currently leased under a one-year agreement for parking operations supporting nearby data center development, the property offers investors an opportunity to acquire an actively leased commercial asset in an area experiencing growth in technology-related infrastructure. Zoned C-3 General Commercial, the approximately 10.15-acre site offers flexibility for commercial investment, owner occupancy, or future redevelopment, subject to applicable zoning and development requirements. With its Highway 51 frontage, existing improvements, substantial acreage, and current lease, this property presents a unique opportunity for investors and commercial operators seeking a strategically positioned asset in the Southaven market. Buyer and buyer's agent to independently verify property boundaries, included parcels, lease terms, zoning, permitted uses, utilities, measurements, and all other information.
| MLS # | 4167268 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | Active |
| Year | 1966 |
| Days On Site | 2 |
| Listing Provided By | Best Real Estate Company, Llc | LaDarius Keyes |
| SQ Feet | 14,000 |
|---|---|
| Acreage | 10.00 |
| Property | 11173 |
|---|
| State | MS |
|---|---|
| County | DeSoto |
| City | Southaven |
| Zip Code | 38671 |
| Area | DeSoto |
| Listing VS Median (in 38671) | |
Price: $3,500,000 low | high Med: $249,950 sqft: 14,000 low | high Med: 1,588 $ / sqft: $250 low | high Med: $158 On site: 2 low | high Med: 93.5 | |
| State | MS |
|---|---|
| County | DeSoto |
| City | Southaven |
| Zip Code | 38671 |
| Area | DeSoto |
| Listing VS Median (in 38671) | |
Price: $3,500,000 low | high Med: $249,950 sqft: 14,000 low | high Med: 1,588 $ / sqft: $250 low | high Med: $158 On site: 2 low | high Med: 93.5 | |