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    2633 Highway 35 S Forest, MS 39074

    For Sale
    $995,000

    Two-building showroom and warehouse property with highway frontage.

    Property size:
    16,580 SF
    Lot size:
    2.14 Acres

    Property Features for 2633 Highway 35 S

    General Information

    Size
    16,580 SF
    Lot size
    2.14 Acres

    Source: CBRE | Jackson Agent Grant Ridgway

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway Frontage Showroom and Warehouse

    This property features approximately 16,580 square feet of space across two buildings, situated on an approximately 2-acre site. The property includes showroom space that was renovated in 2023. It is located 0.6 miles from Interstate 20. The property is available with a 7-year lease back. The net operating income is approximately $104,024, or $6.27 per square foot on a NNN basis, with a cap rate of 9.25%.
    Insight Report Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Restaurant Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Pharmacy Auto Parts Store Gym & Fitness Hotel & Motel

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

    Similar Places Nearby

    D and B mini storage

    Location Insight

    • Map
    • Local Demand
    City
    Forest
    County
    Scott
    State
    Mississippi
    Longitude
    -89.486293
    Latitude
    32.327057

    Nearby Similar for Sale

    • $349,000
      3,200 SF

      Highway Commercial Property in Forest

      Commercial property on 2 acres near Highway 35.
      1110 S 35 Hwy, Forest, MS 39074
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    • $500,000
      7,500 SF

      Industrial Flex Building on Highway

      Industrial flex building with showroom, office, and warehouse space.
      1039 Highway 35 S, Forest, MS 39074
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    • $800,000
      41,830 SF

      1 Midway Odom Rd. Rd, Forest, MS 39074

      Commercial real estate • 41,830 SF
      1 Midway Odom Rd. Rd, Forest, MS 39074
      View Details

    FAQs

    What type of property is this?
    Warehouse - Two-building showroom and warehouse property with highway frontage.
    Where is this warehouse located?
    The property is located at 2633 Highway 35 S Forest, MS.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - 9.25% Cap Rate; - ±$104,024 Net Operating Income (NOI); - 7-year lease back
    (601) 420-8080
    Request Owner's contact information
    2633 Highway 35 S Forest, MS 39074
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    Forest, MS 39074
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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
    2633 Highway 35 S Forest, MS 39074
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