Key Olive Branch Signalized Lot

Vacant Land for Sale
Catylist Listing ID: 30216148
Property Subtypes: Office, Retail, Self Storage
Gross Land Area: 3.92 Acres
Sale Price: $1,425,000
Unit Price: $363,520 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/17/2019

Overview / Comments

Located at a Key Olive Branch Lighted Intersection, just off I-22 on Highway 305, this lot features a square with Ideal +/-290' x 375' dimensions. Extra depth off the back would be excellent for self-storage use, and the parcel features extra-wide ingress/egress off of MS 305.

This well-located lot will continue to serve the increasing truck traffic on Nail Rd, as e-commerce continues to expand its warehouse footprint to serve North Mississippi and the Memphis MSA. Ongoing local traffic will increase also as this is a chief route to the Tanger Outlet and as new development pops up.

An ideal location for many types of retail and service industry users from restaurants to gas stations/C-Stores, to bank, pharmacy and dollar store developers.

Attachments & Media

Additional Details

Nearest MSA: Memphis
County: DeSoto
Tax ID/APN: 206204000 0002100
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,395 27,246 60,092
Median Age: 33.54 36.02 36.37
Households: 755 9,718 21,178
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