8432&8438 Highway 51 N, Southaven, MS 38671

$2,950,000
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 ...

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
New Construction
No

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

Location

City
Yes

Remarks & Miscellaneous

Public Remarks
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.

Current Use

Automotive
Yes
Other
Yes

Structure Type

Other
Yes

Possible Use

Commercial
Yes
Other
Yes

Business Type

Auto Dealer
Yes
Auto Parts
Yes
Auto Service
Yes
Commercial
Yes
Industrial
Yes
Professional Service
Yes
Professional/Office
Yes
Transportation
Yes
Other
Yes

Lot Features

Cleared
Yes

Levels

Other
Yes

Sewer

Public Sewer
Yes

Commercial Features

220 Volt Power
Yes

Water Source

Public
Yes

Listing Terms

Cash
Yes
Other
Yes

Utilities

Electricity Available
Yes

Electricity Features

Three Phase
Yes

Square Footage Description

Other
Yes

Cooling

Central Air
Yes

Heating

Central
Yes
Separate Meters
Yes

Foundation Details

Slab
Yes

Driveway Features

Concrete Drive
Yes

Parking Features

Additional Parking
Yes
Parking Pad
Yes
Listing Office: Best Real Estate Company, Llc
Listing Agent: LaDarius Keyes
Source MLS Verified
Last Updated: August - 19 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.