Industrial Distribution
120 Saint Charles Ave Flora, MS 39071
120 Saint Charles Ave, Flora, MS, 39071
$2,650,000
For Sale
$2,650,000
Industrial facility with three truck docks, three grade level doors, and about 7,000 SF of office space.
Property Size36,000 SF
Lot Size6.00 Acres
Price / SF$73.61
Days on Market153
Property Features for 120 Saint Charles Ave
General Information
- Standard status
- Active
- Size
- 36,000 SF
- Lot size
- 6.00 Acres
- Property subtype
- Factory
Building Details
- Year Built
- 1995
Properties For Sale
at 120 Saint Charles Ave Contact us
Listing agency
Sperry Commercial Global Affiliates - JD Johnson Realty
(601) 707-5555
Listed by
Jon-David Johnson · License #17543
(601) 707-5555
Source
Thebrokerlist
Added: Feb 18 Updated: Jul 20 at 7:28PM Checked: Jul 21 at 2:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sperry Commercial Global Affiliates - JD Johnson Realty
Investment Insights
Based on property information with market context.
This industrial facility offers approximately 36,000 SF of space designed to support manufacturing, distribution, or other industrial operations. The property includes about 7,000 SF of office space and is equipped with three truck docks and three grade level doors. A 480V electrical service is also in place, and additional land is available for expansion.
The property is located in the Kearny Park area of Flora, Mississippi, and is zoned I-2 Industrial, offering flexibility for a variety of industrial uses. The seller notes the facility provides convenient access to transportation routes.
Ownership also includes a site suitable for growth, with the existing loading configuration and substantial office buildout supporting mixed operational needs within the industrial envelope.
The property is located in the Kearny Park area of Flora, Mississippi, and is zoned I-2 Industrial, offering flexibility for a variety of industrial uses. The seller notes the facility provides convenient access to transportation routes.
Ownership also includes a site suitable for growth, with the existing loading configuration and substantial office buildout supporting mixed operational needs within the industrial envelope.
Key Highlights
- +/-36,000 SF industrial facility built in 1995 in Flora, MS (Kearny Park area, Madison County)
- Zoned I‑2 Industrial for a wide range of industrial and business uses
- Equipped with 3 truck docks and 3 grade level doors
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $289.4k | $8.04 |
| − Vacancy | −$24.0k | −$0.67 |
| EGI | $265.4k | $7.37 |
| − OpEx | −$39.8k | −$1.11 |
| NOI | $225.6k | $6.27 |
36,000 SF · lease $8.04/SF/yr · vacancy 8.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.22M
$2.82M – $3.76M
NOI $225,604 @ 7.0% cap · market cap 8.51%
Second Best
Industrial
$2.65M
$2.32M – $3.10M
NOI $185,792 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$7.84M
$6.86M – $9.14M
NOI $548,571 @ 7.0% cap · market cap 20.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
FAQs
What type of property is this?
Manufacturing property - Industrial facility with three truck docks, three grade level doors, and about 7,000 SF of office space.
Where is this manufacturing property located?
The property is located at 120 Saint Charles Ave Flora, MS.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: +/-36,000 SF industrial facility built in 1995 in Flora, MS (Kearny Park area, Madison County); Zoned I‑2 Industrial for a wide range of industrial and business uses; Equipped with 3 truck docks and 3 grade level doors
