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Open Storage Warehouse Redevelopment
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972 S Green St, Tupelo, MS 38804

Former open storage/warehouse offers convenient access to Highway 45 and redevelopment potential for retail.

Property Size5,899 SF
Price / SF$60.01
Days on Market876

Property Features for 972 S Green St

General Information

Standard status Active
Size 5,899 SF
Property subtype INDUSTRIAL

Additional Details

Highway Access Yes
Listing Agency: CBRE | Memphis
Listed By: Jacque Beeson · License #S-51059
Source: Moodyscre
Added: May 21, 2024 Changed: Oct 10 Last Checked: Oct 12 at 7:25PM

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 CBRE | Memphis

Investment Insights

Based on property information with market context.

The property was formerly used as an open storage/warehouse. It presents a redevelopment opportunity for retail, with the existing configuration suited to transformation for a new commercial use.

The site is located in close proximity to North Mississippi Medical Center and provides convenient access to Highway 45, supporting straightforward travel for customers and deliveries.

As a warehouse-style property with prior open storage use, it may be best suited for buyers looking to reimagine the space for retail after appropriate updates and site improvements.

Key Highlights

  • Formerly used as open storage/warehouse
  • Convenient access to Highway 45
  • Close proximity to North Mississippi Medical Center

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Garden Center Electrical Service Carpet & Flooring Store Computer & Electronic Repair Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

268
Businesses Nearby
Balanced
Demand for This Use

Demographics for 38804, MS

17,314
Population
7,978
Households
2.2
Avg Household Size
40
Median Age
30%
College-Educated
87%
High-School Grad
78.5 sq mi
ZIP Area
221
Density / Sq Mi
$63,837
Median Household Income
$37,416
Median Earnings
$858
Median Rent
$201,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Similar Off Market Nearby

  • Undercover Storage — 626 Commerce St, Tupelo, MS 38804
  • Southern Belle Refrigeration — 625 Commerce St, Tupelo, MS 38804

Frequently Asked Questions

What type of property is this?
Warehouse - Former open storage/warehouse offers convenient access to Highway 45 and redevelopment potential for retail.
Where is this warehouse located?
The property is located at 972 S Green St Tupelo, MS.
What is the asking price?
The asking price for this property is $354,000.
What are key features of this property?
This property features: Formerly used as open storage/warehouse; Convenient access to Highway 45; Close proximity to North Mississippi Medical Center
(901) 260-1090 Call to check price and availability
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