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Improved Commercial Land for Sale in Southaven, Mississippi

8438 US 51, Southaven, MS 38671

$3,500,000
10 acres
Active sale
ago
Est $20,127/mo

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.

14,000
Sq feet
1966
Built

Location

Street address
8438 US 51
Zip code
38671
Elevation
335 feet
Coordinates
34.9838, -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 acres
MLS #
MGCMLS 4167268
Posted

Property taxes

2025
$11,173

Parcels

  • 1086230000005400

Legal description

Details and features

Listing

Type
Commercial Sale
Franchise
Realty ONE Group

Listing history

DateEventPriceChangeSource
Nov 3, 2026New listing$3,500,000—MGCMLS
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This 10-acre property is located at 8438 US 51 in Southaven, MS 38671. The property is available for sale, priced at $3,500,000. It has a 14,000 square foot structure built in 1966.

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

Checked 1 hour agoUpdated

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