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Executive Summary

• Price: $400,000 per lot
• Lots Available: Lots 3 & 4 (available individually or together)
• Located at Goodman Rd & Fox Creek Dr – major intersection
• Approx. 21,700 vehicles per day along Goodman Rd
• Adjacent to ~700-unit residential development (planned)
• Strong visibility and multiple access points
• Positioned within a growing residential and retail corridor
Ideal Uses:
• Quick service restaurant (QSR)
• Coffee / fast casual
• Retail strip or neighborhood retail
• Mixed-use development
Car Wash

This is a rare opportunity to acquire well-positioned commercial land in a high-growth submarket with multiple development strategies and strong long-term upside.

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Property Facts

Price $400,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 2.72 AC
Zoning PUD - Commercial zoning supports QSR, retail, and mixed-use development, subject to city approval and verification.

1 Lot Available

Lot 3 & 4

Price $400,000
Price Per AC $147,058.82
Lot Size 2.72 AC

Prime commercial lots (3 & 4) Adjacent to ~700 planned residential units with strong traffic counts and visibility. Ideal for QSR, or retail development. Lots 1.64 Ac & 1.08 Ac available

Description

Two pad-ready commercial lots totaling 2.72 acres at the signalized intersection of Goodman Road (State Highway 302) and Fox Creek Drive in Olive Branch, Mississippi one of the fastest-growing cities in the Memphis metro and the state of Mississippi. The lots (1.64 AC and 1.08 AC) are available at $400,000 each and sit within the Fox Creek Commercial Subdivision, directly adjacent to an operating convenience store and fuel station that provides built-in co-tenancy traffic. Immediately to the north, a planned 700+ unit residential community will deliver a captive customer base of approximately 2,170 new residents and 1,575 vehicles at full build-out. Goodman Road is a four-lane divided highway carrying 21,700+ vehicles per day at this intersection, with a nearly 50/50 east-west traffic split providing visibility and access from both commute directions. The signalized intersection offers controlled turning movements ideal for drive-thru, QSR, and pad-site retail concepts. The trade area features exceptional demographics: median household income exceeding $105,000, 88% owner-occupied housing, an average of 2.25 vehicles per household, and population growth of 64% from 2010 to 2023. DeSoto County Schools, the largest and fastest-growing district in Mississippi with 42 schools and 34,800+ students, is a primary driver of continued residential in-migration. Olive Branch is home to 80+ distribution and manufacturing operations including Amazon, Walmart, Sephora, Milwaukee Tools, McKesson, and Cardinal Health employing thousands of workers who commute via Goodman Road daily, creating consistent peak-hour traffic aligned with QSR and retail demand. The site is well-suited for a range of commercial uses including quick-service restaurant with drive-thru, fast-casual dining, medical or dental office, dollar/variety store, coffee or beverage drive-thru, or multi-tenant inline retail. PUD zoning provides development flexibility. Utilities (water and sewer) are available. Lots are level and pad-ready. This is a rare opportunity to secure pad-ready commercial land with co-tenancy, a signalized intersection, 21,700+ VPD, and hundreds of new rooftops delivering next door.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 40235324

  • Date on Market: 4/21/2026

  • Last Updated:

  • Address: 12940 Goodman Rd, Olive Branch, MS 38654

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