443 Highway 305 N, Olive Branch, MS 38654 (MLS# 4112943)

443 Highway 305 N, Olive Branch, MS 38654

$975,000

Virtual Tour

https://www.propertypanorama.com/443-Highway-305-N-Olive-Branch-MS-38654/unbranded

Property Type: Land Lot Size (sq. ft.): 152,460 Status: Active

Current Price: $975,000 List Date: 5/10/2025 Last Modified: 8/19/2025

Description

~~PRIME LAND with COMMERCIAL POTENTIAL~~3.5 Acres in Lewisburg~~Offering a RARE opportunity for future commercial development~475 ft road frontage~ Land is located close to I-269 that is experiencing growth and offering easy access~ Attractive for businesses with high traffic volumes~ Currently zoned for residential use~ This property is eligible for Rezoning to commercial or mixed use~ This depends on local planning regulations~ Good visibility from the Interstate I-269 Exit at Hwy 305 and high traffic counts enhance the attractiveness for commercial Investment~

More Information MLS# 4112943

Address and Location Information

Street Number Assigned?: Yes Nearest Cross Street: I-269 Parcel Number: 2068330000001800 And 2068330000001600 Directions to Property: South on Hwy 305 and past I-269, property on the right Community Of: N/A Street Number: 443 Street Name: Highway 305 N County: DeSoto State: MS Zip Code: 38654

Location

Other: 1

Listing Information

Listing Service: Full Service Status: Active List Date: 2025-05-09 List Price: $975,000 Current Price: $975,000 Property Sub Type: Other

General Property Information

Property Sub Type: Other Approx Lot Size Acres: 3.5 Expandable Area: No List Price/Acre: 278571.43 Divisible: No School District: Desoto CO Dist Elementary School: Lewisburg Intermediate School: Lewisburg Middle or Junior School: Lewisburg Middle High School: Lewisburg

Tax and Financial Information

Tax Annual Amount: 885 Tax Year: 2024 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: No Leasehold Y/N: No Association: No Covenants Y/N: No Legal Description: 2 lots

Remarks & Miscellaneous

Public Remarks: ~~PRIME LAND with COMMERCIAL POTENTIAL~~3.5 Acres in Lewisburg~~Offering a RARE opportunity for future commercial development~475 ft road frontage~ Land is located close to I-269 that is experiencing growth and offering easy access~ Attractive for businesses with high traffic volumes~ Currently zoned for residential use~ This property is eligible for Rezoning to commercial or mixed use~ This depends on local planning regulations~ Good visibility from the Interstate I-269 Exit at Hwy 305 and high traffic counts enhance the attractiveness for commercial Investment~

Current Use

Residential: 1

Possible Use

Commercial: 1 Investment: 1

Land Details

Frontage Feet: 475 Road Frontage: 475

Lot Features

Few Trees: 1

Covenants And Restrictions

None: 1

Sewer

Septic Tank: 1

Water Source

Public: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Workshop Features

Workshop: No

Waterfront Features

Waterfront: No

Showing Requirements

Showing: Show Any Time

Utilities

Electricity Connected: 1 Natural Gas Connected: 1 Sewer Connected: 1 Water Connected: 1

Road Surface Type

Asphalt: 1 Paved: 1

Horse Amenities

Horse Amenities: No

Available Documents

Survey: 1

Additional Transportation

State Highway: 1

Property Features

Current Use: Residential Possible Use: Commercial; Investment Location: Other Lot Features: Few Trees Covenants And Restrictions: None Sewer: Septic Tank Water Source: Public Listing Terms: 1031 Exchange; Cash; Conventional Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Road Surface Type: Asphalt; Paved Available Documents: Survey Additional Transportation: State Highway

Documents

Land Survey ›

Listing Office: Crye-Leike Of MS-OB

Listing Agent: Barbara Stewart

Last Updated: August - 19 - 2025