2955 Church RdSouthaven, MS 38672

Property Details for 2955 Church Rd

Year built

2009

Construction

MIXED

Lot size

2.00 AC

Property size (Sq ft)

13,752 SF

Zone code

C-4

Property type

Drug stores

APN

2-07-2-09-13-0-00001-00

APU

2072091300000100

Description

This exceptional 2-acre commercial lot in Southaven, Mississippi, presents a remarkable investment opportunity. Located at 2955 Church Road E, this property boasts a prime location at the corner of Church Road E and Get Well Road, directly adjacent to a CVS drug store. The lot offers 275 feet of frontage on Church Road E and a depth of 316 feet, providing ample space for a variety of commercial developments. With high traffic counts—19,000 vehicles per day on Church Road and over 20,000 on Get Well Road—this site enjoys exceptional visibility and accessibility. The permitted zoning is commercial, making it ideal for a strip center, convenience store, free-standing retail building, restaurant, fast-food establishment, or medical/professional office building. Nearby retailers include Kroger, Target, Academy Sports, Hobby Lobby, Walmart, Walgreens, Home Depot, and Lowe's, indicating a strong and established retail environment. The property's APN is 207209130 0000200. This is a rare chance to acquire a highly visible and strategically located parcel in a thriving commercial area. Don't miss this chance to capitalize on this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,912,724

  6.5%

  $2,688,669

  7%

  $2,496,621

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,701,707

  Geo Method

  $2,701,707

• Alternative Use

  Use

  Valuation

  Residential

  $2,267,993

  Hospitality

  $2,077,469

  Educational

  $1,728,430

  Medical

  $1,787,873

  Retail

  $2,688,669

Location Insight

City

Southaven

County

Desoto

State

Mississippi

Latitude

34.9327

Longitude

-89.9374

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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