8432&8438 Highway 51 N, Southaven, MS 38671 (MLS# 4127514)

8432&8438 Highway 51 N, Southaven, MS 38671

$2,950,000

Virtual Tour

https://www.propertypanorama.com/84328438-Highway-51-N-Southaven-MS-38671/unbranded

Property Type: Commercial Sale Square Footage: 14,000 Lot Size (sq. ft.): 442,134 Status: Active

Current Price: $2,950,000 List Date: 10/02/2025 Last Modified: 8/19/2026

Overview

Description

Rare 10.15-Acre Commercial Opportunity on Highway 51 in Southaven! Strategically positioned within the Southaven city limits with excellent Highway 51 frontage and convenient access to I-55, this expansive commercial property offers a unique combination of land, existing improvements, infrastructure, and location. The property includes approximately 14,000 square feet of existing commercial workspace across two buildings, providing offices, restrooms, and flexible operational space. The buildings are separately metered, offering flexibility for owner-occupancy, multiple operations, or future investment opportunities. The property also features four additional garage bays, including a separately metered bay, along with substantial paved parking, truck-accessible areas, concrete drives, and a gated entrance providing controlled access to the additional bays. Existing improvements and infrastructure have supported automotive, painting, hydraulic, and other commercial operations, giving a ... (Read more) Rare 10.15-Acre Commercial Opportunity on Highway 51 in Southaven! Strategically positioned within the Southaven city limits with excellent Highway 51 frontage and convenient access to I-55, this expansive commercial property offers a unique combination of land, existing improvements, infrastructure, and location. The property includes approximately 14,000 square feet of existing commercial workspace across two buildings, providing offices, restrooms, and flexible operational space. The buildings are separately metered, offering flexibility for owner-occupancy, multiple operations, or future investment opportunities. The property also features four additional garage bays, including a separately metered bay, along with substantial paved parking, truck-accessible areas, concrete drives, and a gated entrance providing controlled access to the additional bays. Existing improvements and infrastructure have supported automotive, painting, hydraulic, and other commercial operations, giving a new owner an established foundation for a variety of potential business applications. The approximately 10.15 acres of cleared land provide significant flexibility for an owner-user, investor, or developer seeking a sizable commercial property along one of Southaven's major corridors. The site offers three-phase electrical service, 220-volt power, public water and sewer, central HVAC, multiple electrical meters, and substantial existing improvements, potentially reducing the infrastructure requirements associated with starting from raw land. Zoned C-3 General Commercial, the property offers broad commercial potential, subject to applicable City of Southaven zoning, site-plan, permitting, and use requirements. With its combination of acreage, Highway 51 visibility, existing commercial buildings, substantial parking and operational infrastructure, this is a rare opportunity to acquire a large commercial property in a rapidly established Southaven corridor. Ideal for an owner-user, commercial investor, or buyer seeking a substantial development/redevelopment opportunity. Buyer and buyer's agent to independently verify zoning, permitted uses, development requirements, utilities, measurements, and all other information with the appropriate governmental authorities.

Listing Details MLS# 4127514

General Property Information

Approx Lot Size Acres: 10.15
Approx H/C SqFt: 14000
SqFt Source: Assessor
List Price/SqFt: 210.71
Year Built Known: No
Total Floors: Yes
School District: Desoto CO Dist
Accessibility Features: No
Property Sub Type: Other

Property Features

Business Type: Auto Dealer; Auto Parts; Auto Service; Commercial; Industrial; Professional Service; Professional/Office; Transportation; Other Current Use: Automotive; Other Possible Use: Commercial; Other Commercial Features: 220 Volt Power Structure Type: Other Electricity Features: Three Phase Lot Features: Cleared Levels: Other Square Footage Description: Other Cooling: Central Air Heating: Central; Separate Meters Utilities: Electricity Available Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Other Driveway Features: Concrete Drive Parking Features: Additional Parking; Parking Pad

Address and Location Information

Street Number: 8432&8438
Street Name: Highway 51 N
County: DeSoto
State: MS
Zip Code: 38671
Parcel Number: 1086230000005400, 1086230000005401
Directions to Property: 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.
Community Of: N/A

Listing Information

Property Sub Type: Other
Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 6500
Tax Year: 2024
Flood Insurance Required?: No
Leasehold Y/N: No
Legal Description: SEC/TWN/RNG/MER:SEC 23 TWN 01S RNG 008W GOSSETT COMMERICAL S-D LOT 1,2.

Auction

Auction: No

More Information

Showing Requirements

Showing: Appointment Required

Basement Features

Basement: No

Listing Office: Best Real Estate Company, Llc

Listing Agent: LaDarius Keyes

Last Updated: August - 19 - 2026