Dione Gerber McGehee Trust Property

BREAKING NEWS:   On 10/08/2024, the Dione Gerber McGehee Trust closed a 68.75-acre sale to AGMEC, LLC, a Greenwood, MS limited liability corporation.


On 11/30/2023, the Dione Gerber McGehee Trust closed a 250-acre sale to Skylake Construction, an entity owned by Jerry McBride and family, an accomplished Desoto County, MS developer.  The development is called Delta Landing.  Click HERE to learn more.


Welcome to the Dione Gerber McGehee Trust Property website. Here you’ll find information about a unique 736-acre parcel located in northwest Mississippi (metropolitan Memphis, TN) at the intersection of U.S. Interstate Highway 55 and U.S. Interstate Highway 269. The property has interstate access from an interchange at I-269 and McIngvale Rd.  Dione McGehee, Trustee, will entertain offers for all or part of this unique 805-acre parcel. Dione would love to talk to you about it. Please contact her at dionemcgehee@gmail.com. Thank you.


WHY CHOOSE THIS SITE?

Location, Location, Location:

  • Number of 736+ acre tracts of land in the U.S. at the intersection of two Federal Interstate highways in a major metro area? ONE!
  • Eleven miles from the $1.5 billion FedEx Superhub Sorting Facility in Memphis, TN
  • Eleven miles from the BNSF inter-modal terminal at 4814 Lamar Ave., Memphis, TN
  • Twelve miles from the Memphis UPS sorting hub. UPS plans a $216.6 million sorting hub expansion in 2020 of its Memphis facility
  • Twenty miles from Downtown Memphis
  • Three miles from Downtown Hernando, Mississippi
  • The property has interstate access from an interchange at Interstate 269 and McIngvale Rd. (See Maps on Location Page)
  • Three miles from the North Mississippi Foreign Trade Zone

OTHER BENEFITS:

  • Almost 2 miles of Interstate Highway frontage
  • The property has utilities that include natural gas and sanitary sewer access
  • City/county recreation bike/pedestrian system
  • The small amount of 100 Year flood zone is perfect for recreational green space or development
  • McIngvale Road, a 4-lane Desoto County, MS Rd. running north/south, bisects the property. (See Maps on Location Page)

Location

Strategically located in northwest Mississippi (city of Hernando, MS and part of the Memphis, TN Metropolitan area) at the northeast corner of the intersection of U.S. Interstate Highway 55 and recently opened U.S. Interstate Highway 269, the Dione Gerber McGehee Trust property offers visibility for potential office, retail, and residential developers who seek high-profile positions for their buildings, identity, and lifestyle. With an interchange at I-269 and McIngvale Rd., the property has excellent ingress and egress.

MAPS

 
 

MISC:

  • Eleven miles from $1.5 billion FedEx Superhub Sorting Facility in Memphis, TN
  • Eleven miles from the BNSF intermodal terminal at 4814 Lamar Ave., Memphis, TN
  • Twenty miles from downtown Memphis
  • Three miles from Hernando, MS, the DeSoto County, MS County Seat
  • Three miles from the North Mississippi Foreign Trade Zone

Price & Misc

Dione McGehee, Trustee, will entertain offers for any part of this unique 736-acre parcel. Before the completion of the I-269 and McIngvale Road interchnage, comparable properties in the immediate area have sold for prices ranging from $25,000 per acre to $79,000 per acre.


MISC:

  • I-269 & McIngvale Rd. Interchange is now open
  • 2.9 miles of Interstate Highway frontage
  • The Dione Gerber McGehee Trust property has utilities including natural gas.
  • Zoning: agricultural. Note: Desoto County controls zoning, and they have a track record of being accomodative.
  • Sewer and pump stations installed
  • Flood zone is perfect for recreational greenspace or a park
  • McIngvale Road, a 4-lane Desoto County, MS Rd. running north/south, bisects the property.

Click the images below to see full-size photos!


NEWS IMPACTING THE PROPERTY

Click Here for a Dailymemphian.com Article on the New I-269 Interchange


MORE ABOUT DESOTO COUNTY, MS & DEVELOPMENTS THERE

DeSoto County Economic Development Council

Follow them on Twitter @DeSotoCouncilMS

Click Here for a Info on the 228 Acre Silo Square

Click Here for a Link to Tanger Outlet Stores (~= 45 Acres)


CITY OF HERNANDO, MISSISSIPPI

City of Hernando Comprehensive Land Use PLan
Click Here for a City of Hernando, MS Comprehensive Development Plan!