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$ 3,500,000
Est. payment /mo
New
8438 U.s. 51 Southaven, MS 38671
14,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 14,000 sqft
Price per Sqft $250
MLS Listing ID 4167268
Year Built 1966
Annual Tax Amount $11,173
Lot Size 10.000 Acres
Acres 10.0
Property Sub-Type Other
Source MLS United
Property Description
10 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.
Location
State MS
County Desoto
Direction From I-55 North toward Memphis, take Exit 287 for Church Road and turn left to head west. Continue on Church Road until you reach Highway 51 (US-51), then turn right to go north. Drive about 2.5 miles, and the property will be on the right.
Building
New Construction No
Others
Tax ID 1086230000005400
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Information is deemed to be reliable but not guaranteed. Copyright © 2026 MLS United, LLC.
Listed by Best Real Estate Company, Llc
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