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Improved Commercial Land for Sale in Southaven, Mississippi

8432&8438 Highway 51 N, Southaven, MS 38671

$2,950,000
10.2 acres
Active sale
$50k drop
Est $15,614/mo

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.

14,000
Sq feet

Location

Street address
8432&8438 Highway 51 N
Zip code
38671
Elevation
336 feet
Coordinates
34.9839, -90.0155

Directions

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.

Property details

Acreage
10.15 acres
MLS #
MGCMLS 4127514
Posted

Property taxes

2024
$6,500

Parcels

  • 1086230000005400
  • 1086230000005401

Legal description

Details and features

Listing

Type
Commercial Sale
Franchise
Realty ONE Group

Lot

Features
Cleared

Structure

Water
Public
Sewer
Public Sewer

Property utilities

CategoryTypeStatus
PowerGridAvailable

Listing history

DateEventPriceChangeSource
Aug 19, 2026Price drop$2,950,000$50,000 -1.7%MGCMLS
July 10, 2026New listing$3,000,000MGCMLS
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This 10.15-acre property is located at 8432&8438 Highway 51 N in Southaven, MS 38671. The property is available for sale, priced at $2,950,000. It has a 14,000 square foot structure.

Listed by Best Real Estate Company, (901) 230-3461

Checked 1 hour agoUpdated Source

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