Your email has been sent.
8178 S Park Cir
Southaven, MS 38671
Southaven Residential Development Tract · Land For Sale
·
4.50 AC
Investment Highlights
- Desoto County Schools
- Only 5 minutes from I-55
- Public Utilities Nearby
- Convenient to everything!
Executive Summary
Southaven is recognized as one of the Southeast’s fastest-growing cities, with a population nearing 59,000 and an annual growth rate of over 1%. The local market is supported by a median household income of $78,483 and average home prices above $274,000, underscoring the area’s strong economic fundamentals. Employment is similarly robust, with recent job growth of 2.73% year-over-year and major investments like an announced $20 billion data center development boosting demand.
Situated just 14 miles south of Memphis, this site offers quick access to I-55 and I-69, connecting to regional employment hubs, shopping destinations, and top-rated DeSoto County schools. This combination of size, flexibility, and connectivity positions the property as a compelling investment for residential development.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 4.50 AC |
| Zoning | R-9 - R-9 zoning accommodates both single-family and multi-family uses | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 4.50 AC |
| Zoning | R-9 - R-9 zoning accommodates both single-family and multi-family uses |
1 Lot Available
Lot
| Price | $207,970 CAD | Lot Size | 4.50 AC |
| Price Per AC | $46,215.49 CAD |
| Price | $207,970 CAD |
| Price Per AC | $46,215.49 CAD |
| Lot Size | 4.50 AC |
±4.5-acre R-9 zoned tract
Description
This ±4.5-acre R-9 zoned tract in Southaven, Mississippi, presents an exceptional opportunity for residential developers. R-9 zoning accommodates both single-family and multi-family uses, offering maximum flexibility to execute the product type that best fits the market. Southaven is one of the fastest-growing cities in the Southeast, with a current population approaching 59,000 and growing at over 1% annually. The median household income of $78,483 and an average home price of $274,141 reflect a strong, demand-driven market. Employment grew 2.73% year-over-year, and xAI's recently announced $20 billion data center investment is poised to accelerate housing demand even further. Ideally situated just 14 miles south of Memphis with direct access to I-55 and I-69, the site benefits from outstanding regional connectivity, top-rated DeSoto County schools, and a thriving retail corridor. Whether your vision is a single-family subdivision, townhome community, or apartment development, this site delivers the location, zoning, and market fundamentals to make it pencil.
Property Taxes
| Parcel Number | 1086230000009200 | Improvements Assessment | $0 CAD |
| Land Assessment | $9,344 CAD | Total Assessment | $9,344 CAD |
Property Taxes
