8438 U.s. 51, Southaven, MS 38671
New Listing
$3,500,000
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
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
- New Construction
- No
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
Location
- City
- Yes
- Office Building
- Yes
- US Highway
- Yes
Remarks & Miscellaneous
- Public Remarks
- 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 in technology-related infrastructure. Zoned C-3 General Commercial, the approximately 10.15-acre site offers flexibility for commercial investment, owner occupancy, or future redevelopment, subject to applicable zoning and development requirements. With its Highway 51 frontage, existing improvements, substantial acreage, and current lease, this property presents a unique opportunity for investors and commercial operators seeking a strategically positioned asset in the Southaven market. Buyer and buyer's agent to independently verify property boundaries, included parcels, lease terms, zoning, permitted uses, utilities, measurements, and all other information.
Income & Expenses
- Other
- Yes
Business Type
- Auto Body
- Yes
- Auto Dealer
- Yes
- Auto Glass
- Yes
- Auto Parts
- Yes
- Hospitality
- Yes
- Parking
- Yes
- Storage
- Yes
- Other
- Yes
Commercial Features
- 220 Volt Power
- Yes
- Doors 10-15 Feet
- Yes
- Dumpster
- Yes
- Truck Door
- Yes
Ceiling Height
- 11' - 12.9'
- Yes
Seating
- 1001 or More
- Yes
Sale Options
- Under Lease
- Yes
Available Documents
- Brochure
- Yes
Disclosures
- None
- Yes
Listing Office:
Best Real Estate Company, Llc
Listing Agent:
LaDarius Keyes
Last Updated: November - 03 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.