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    Baldwyn Commercial Property with Storage Title is generated by Realmo AI

    206 E Prentiss St., Baldwyn, MS 38824

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    Claim this Listing
    For Sale
    $210,000

    Commerical Property - Baldwyn, MS

    Property size:
    1,645 SF
    Lot size:
    1.70 Acres
    Price / SF:
    $127/SF
    Added:
    Apr 29, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 14 at 6:06 pm

    Property Features for 206 E Prentiss St.

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Mixed Use
    Interior features
    Truck Scale
    Standard status
    Active
    Size
    1,645 SF
    Lot size
    1.70 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1050

    Utilities

    Heating system
    Space Heater
    Cooling system
    Window Unit(s)

    Building Details

    Year renovated
    1980
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Vinyl Siding
    Roof type
    Metal
    Architectural style
    Other

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    Listing Contact
    DUKE LODEN
    DUKE LODEN

    Listing agent DUKE LODEN License #B-13789

    Listing office COLDWELL BANKER SOUTHERN REAL ESTATE 3543 Tom Watson Dr., Saltillo, MS 38866, Saltillo, MS

    Listing date Apr 29, 2026

    MLS# 26-1471 Listing URL

    Copyright © 2026 Northeast Mississippi Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1. 7 acres of land in downtown Baldwyn.
    • Located along the Kansas City Southern Railroad.
    • Total storage capacity of approximately 151,392 cubic feet across 10 grain storage bins.
    • Includes an office building of approximately 525 square feet.
    • Features two metal sheds and utility buildings.
    • 82 feet of street frontage on East Clayton Street.

    Overview

    This commercial property, formerly a grain elevator and storage facility, is situated on approximately 1.7 acres of land in downtown Baldwyn. The property consists of three parcels located north of East Clayton Street and adjacent to the Kansas City Southern Railroad. It features 82 feet of street frontage along East Clayton Street, with what appears to be a gravel road easement leading to North Second Avenue and Prentiss Street. Originally constructed in 1980, the shed, utility buildings, and office space totaled 1645 square feet. The office building, expanded to approximately 525 square feet, is constructed with a wood frame, veneer siding, and a metal sloped roof. The property includes two metal sheds and ten grain storage bins with varying capacities, ranging from 4000 to 36,480 cubic feet, totaling approximately 151,392 cubic feet.

    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 $15.6k $9.48
    − Vacancy −$1.1k −$0.64
    EGI $14.5k $8.84
    − OpEx −$2.2k −$1.33
    NOI $12.4k $7.51
    1,645 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $176.5K
    $154.4K – $205.9K (±1% cap)
    NOI $12,354 @ 7.0% cap · market cap 5.88%
    Second Best
    Industrial
    $145.3K
    $127.2K – $169.6K (±1% cap)
    NOI $10,174 @ 7.0% cap · market cap 4.84%
    Theoretical Best
    Office A
    $308.9K
    $270.3K – $360.4K (±1% cap)
    NOI $21,626 @ 7.0% cap · market cap 10.30%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Accounting Firm

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

    Similar Places Nearby

    • Iron Storage — 221 5th St, Baldwyn, MS 38824
    • Baldwyn Grains — 206 Prentiss St, Baldwyn, MS 38824
    • Big Lenny’s Storage-Baldwyn — 205 E Clayton St, Baldwyn, MS 38824

    Location Insight

    • Map
    • Local Demand
    City
    Baldwyn
    County
    Lee
    State
    Mississippi
    Longitude
    -88.631627
    Latitude
    34.510725

    FAQs

    What type of property is this?
    Warehouse - Former grain elevator and storage facility on 1.7 acres.
    Where is this warehouse located?
    The property is located at 206 E Prentiss St. Baldwyn, MS.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: 1. 7 acres of land in downtown Baldwyn.; Located along the Kansas City Southern Railroad.; Total storage capacity of approximately 151,392 cubic feet across 10 grain storage bins.
    More about this property
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