8438 U.s. 51, Southaven, MS 38671 (MLS# 4167268)

8438 U.s. 51, Southaven, MS 38671

New Listing

$3,500,000

Virtual Tour

https://www.propertypanorama.com/8438-Us-51-Southaven-MS-38671/unbranded

Property Type: Commercial Sale Square Footage: 14,000 Lot Size (sq. ft.): 435,600 Status: Active

Current Price: $3,500,000 List Date: 11/03/2026 Last Modified: 11/03/2026

Overview

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 ... (Read more)

Listing Details MLS# 4167268

General Property Information

Approx Lot Size Acres: 10
Approx H/C SqFt: 14000
SqFt Source: Assessor
List Price/SqFt: 250
Year Built Known: Yes
Year Built: 1966
Year Built Source: Assessor
Total Floors: Yes
School District: Desoto CO Dist
Accessibility Features: No
Property Sub Type: Other

Property Features

Business Type: Auto Body; Auto Dealer; Auto Glass; Auto Parts; Hospitality; Parking; Storage; Other Commercial Features: 220 Volt Power; Doors 10-15 Feet; Dumpster; Truck Door Ceiling Height: 11' - 12.9' Location: Office Building; US Highway Seating: 1001 or More Sale Options: Under Lease Available Documents: Brochure Disclosures: None

Address and Location Information

Street Number: 8438
Street Name: U.s. 51
County: DeSoto
State: MS
Zip Code: 38671
Parcel Number: 1086230000005400
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: 11173
Tax Year: 2025
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: November - 03 - 2026