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8432&8438 Highway 51 N, Southaven, MS 38671 (MLS# 4127514)

8432&8438 Highway 51 N, Southaven, MS 38671

$3,200,000
Property Type: Commercial Sale Square Footage: 14,000 Lot Size (sq. ft.): 442,134 Status: Active
Current Price: $3,200,000 List Date: 10/02/2025 Last Modified: 11/13/2025

Overview

Description

Rare opportunity to own prime commercial property in the heart of Southaven city limits! This versatile site offers over 14,000 sq. ft. of workspace across two industrial buildings, each equipped with offices and restrooms, and both set on separate meters for added flexibility. Four additional garage bays expand operational capacity, with one bay already on its own meter — perfect for rental income or tenant use. The property is designed for functionality and security, featuring a large parking lot for employees, customers, and trucks, plus a gated entrance to the additional bays for controlled access. Facilities have supported painting operations, hydraulic use, and other industrial applications, making it adaptable to a wide range of businesses. Sitting on 10 cleared acres with excellent road frontage and quick access to I-55, the site is zoned C-3, offering broad commercial possibilities. With its size, infrastructure, and secure setup, this property is ideal for owner-occupancy, expansion, or investment.

Listing Details MLS# 4127514

General Property Information

Approx Lot Size Acres
10.15
Approx H/C SqFt
14000
SqFt Source
Assessor
List Price/SqFt
228.57
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 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 opportunity to own prime commercial property in the heart of Southaven city limits! This versatile site offers over 14,000 sq. ft. of workspace across two industrial buildings, each equipped with offices and restrooms, and both set on separate meters for added flexibility. Four additional garage bays expand operational capacity, with one bay already on its own meter — perfect for rental income or tenant use. The property is designed for functionality and security, featuring a large parking lot for employees, customers, and trucks, plus a gated entrance to the additional bays for controlled access. Facilities have supported painting operations, hydraulic use, and other industrial applications, making it adaptable to a wide range of businesses. Sitting on 10 cleared acres with excellent road frontage and quick access to I-55, the site is zoned C-3, offering broad commercial possibilities. With its size, infrastructure, and secure setup, this property is ideal for owner-occupancy, expansion, or investment.

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
Last Updated: November - 13 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.