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    372 Road 1438 Tupelo, MS 38804

    Sponsored
    For Sale
    $325,000

    Versatile Warehouse, 7100+ SF, 1 Acre

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This В±7100 square foot warehouse presents a unique investment opportunity in Tupelo, Mississippi. Situated on approximately one acre of land, this unzoned property boasts significant road frontage of roughly 205 feet, offering excellent visibility and accessibility. Located just one mile from the I-22 and Auburn Road interchange, this location provides convenient access to major transportation routes. The warehouse features a drive-in door, an existing office space, and a restroom, showcasing its adaptability to various uses. The property also benefits from installed electrical power boxes and access to a 3-phase power pole. Previous improvements by a tenant included interior renovations planned for a grower facility and office setup, suggesting potential for various commercial or industrial applications. The expansive space could easily accommodate a corporate office and warehouse, an automobile body shop, a private workshop, or even a residential barndominium, depending on future development and permitting. The property's location outside Tupelo city limits offers potential cost savings and flexibility in development plans. This versatile property is priced at $325,000 and presents a compelling opportunity for a wide range of businesses.

    Property Features for 372 Road 1438

    General Information

    Property type
    Other commercial real estate
    Lot Size
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Mantachie Printing Print Shop Phillips Co Inc Commercial Printer

    Suggested Use

    Spa & Massage Wholesale Shop Hair Salon Nail Salon Gym & Fitness Kitchen & Bath Food Market Storage Facility HVAC Service Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tupelo
    County
    Lee
    State
    Mississippi
    Longitude
    -88.63168
    Latitude
    34.28471

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Warehouse, 7100+ SF, 1 Acre
    Where is this commercial real estate located?
    The property is located at 372 Road 1438 Tupelo, MS.
    What is the asking price?
    The asking price for this property is $325,000.
    (662) 842-8283
    Request Owner's contact information
    372 Road 1438 Tupelo, MS 38804
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    Tupelo, MS 38804
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    372 Road 1438 Tupelo, MS 38804
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