443 Highway 305 N, Olive Branch, MS 38654 (MLS# 4112943)

443 Highway 305 N, Olive Branch, MS 38654

$975,000

Virtual Tour

https://www.propertypanorama.com/443-Highway-305-N-Olive-Branch-MS-38654/unbranded

Property Type: Land Lot Size (sq. ft.): 152,460 Status: Active

Current Price: $975,000 List Date: 5/10/2025 Last Modified: 8/19/2025

Overview

Description

~~PRIME LAND with COMMERCIAL POTENTIAL~~3.5 Acres in Lewisburg~~Offering a RARE opportunity for future commercial development~475 ft road frontage~ Land is located close to I-269 that is experiencing growth and offering easy access~ Attractive for businesses with high traffic volumes~ Currently zoned for residential use~ This property is eligible for Rezoning to commercial or mixed use~ This depends on local planning regulations~ Good visibility from the Interstate I-269 Exit at Hwy 305 and high traffic counts enhance the attractiveness for commercial Investment~

Listing Details MLS# 4112943

General Property Information

Approx Lot Size Acres: 3.5
Expandable Area: No
List Price/Acre: 278571.43
Divisible: No
School District: Desoto CO Dist
Elementary School: Lewisburg
Intermediate School: Lewisburg
Middle or Junior School: Lewisburg Middle
High School: Lewisburg
Property Sub Type: Other

Property Features

Current Use: Residential Possible Use: Commercial; Investment Location: Other Lot Features: Few Trees Covenants And Restrictions: None Sewer: Septic Tank Water Source: Public Listing Terms: 1031 Exchange; Cash; Conventional Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Road Surface Type: Asphalt; Paved Available Documents: Survey Additional Transportation: State Highway

Address and Location Information

Street Number Assigned?: Yes
Street Number: 443
Street Name: Highway 305 N
County: DeSoto
State: MS
Zip Code: 38654
Nearest Cross Street: I-269
Parcel Number: 2068330000001800 And 2068330000001600
Directions to Property: South on Hwy 305 and past I-269, property on the right
Community Of: N/A

Listing Information

Property Sub Type: Other
Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 885
Tax Year: 2024
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: 2 lots

Land Details

Frontage Feet: 475
Road Frontage: 475

More Information

Workshop Features

Workshop: No

Waterfront Features

Waterfront: No

Showing Requirements

Showing: Show Any Time

Horse Amenities

Horse Amenities: No

Location

Other: Yes

Remarks & Miscellaneous

Public Remarks: ~~PRIME LAND with COMMERCIAL POTENTIAL~~3.5 Acres in Lewisburg~~Offering a RARE opportunity for future commercial development~475 ft road frontage~ Land is located close to I-269 that is experiencing growth and offering easy access~ Attractive for businesses with high traffic volumes~ Currently zoned for residential use~ This property is eligible for Rezoning to commercial or mixed use~ This depends on local planning regulations~ Good visibility from the Interstate I-269 Exit at Hwy 305 and high traffic counts enhance the attractiveness for commercial Investment~

Current Use

Residential: Yes

Possible Use

Commercial: Yes
Investment: Yes

Lot Features

Few Trees: Yes

Covenants And Restrictions

None: Yes

Sewer

Septic Tank: Yes

Water Source

Public: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Road Surface Type

Asphalt: Yes
Paved: Yes

Available Documents

Survey: Yes

Additional Transportation

State Highway: Yes

Documents

Land Survey ›

Listing Office: Crye-Leike Of MS-OB

Listing Agent: Barbara Stewart

Last Updated: August - 19 - 2025

443 Highway 305 N, Olive Branch, MS 38654 (MLS# 4112943)