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12940 Goodman Rd
Olive Branch, MS 38654
Asking Price
$800K
Asset Type
Commercial Land
Class
Class B
What's Special
High-Traffic Site | 700+ Homes Development Nearby <ul><li>Two lots available: 1.64 AC & 1.08 AC — $400,000 each</li><li>Signalized intersection on Goodman Rd (Hwy 302) — 21,700+ VPD</li><li>Adjacent to operating convenience store & fuel station — built-in traffic</li><li>700+ home residential community planned immediately next door</li><li>Median household income $105K+ | 88% owner-occupied | 2.25 vehicles/HH</li><li>64% population growth (2010–2023) with continued expansion</li><li>DeSoto County Schools — #1 largest district in Mississi
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NOI
$80,000
Cap Rate
10.00%
DSCR
1.68
Strong
Cash-on-Cash
13.54%
Monthly Payment
$3,957.964
Annual Cash Flow
$32,504.438
