Truck Repair Facility With
For Sale
$850,000
251 Yandell Rd, Canton, MS 39046
I-2-zoned property combines dedicated office, truck-repair, and self-storage-style buildings with outdoor operating space.
Property Size9,200 SF
Price / SF$92.39
Days on Market48
Property Features for 251 Yandell Rd
General Information
Standard status
Active
Size
9,200 SF
Zoning
I-2
Additional Details
Outdoor Storage
Yes
Building Details
Year Built
1997
Buildings
2
Listing Agency:
JDJ Realty
Listed By:
Jon-David Johnson · License #17543
(601) 624-7288
Source:
Fiorellaavenue
Added: Sep 14
Changed: Oct 26
Last Checked: Oct 11 at 12:14PM
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 JDJ Realty
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Investment Insights
Based on property information with market context.
Located at 251 Yandell Rd in Canton, Mississippi, this auto shop property includes approximately 7,200 SF of industrial improvements, with about 1,200 SF of finished office area and approximately 6,000 SF configured for shop and truck-repair operations. A separate +/-2,000 SF self-storage-style building is also included. The facility was built in 1997.
The property encompasses 5+ acres of I-2-zoned land, providing room for outdoor storage, equipment staging, or future expansion. It is within Canton city limits, approximately 0.6 miles north of Canton Square and three miles east of the Madison Mega Site, which includes Amazon Web Services and other major developments. The property also offers proximity to I-55 and downtown Canton.
The property encompasses 5+ acres of I-2-zoned land, providing room for outdoor storage, equipment staging, or future expansion. It is within Canton city limits, approximately 0.6 miles north of Canton Square and three miles east of the Madison Mega Site, which includes Amazon Web Services and other major developments. The property also offers proximity to I-55 and downtown Canton.
Key Highlights
- Approximately 7,200 SF industrial facility with +/-6,000 SF shop and +/-1,200 SF finished office space
- Separate +/-2,000 SF self‑storage‑style building
- 5+ acres of I‑2 zoned land
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,620
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,552,400
$1.6M
Cap Rate 7%
$1,108,857
$1.1M
Cap Rate 9%
$862,444
$862.4K
Market Conditions
NOI Build-Up for 9,200 SF
Gross rent
$119.2K $12.96/SF
− Vacancy
−$8.3K −$0.91/SF
EGI
$110.9K $12.05/SF
− OpEx
−$33.3K −$3.62/SF
NOI
$77.6K $8.44/SF
Area
Madison County, MS
Vacancy
7.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,552,400
Cap Rate 7%
$1,108,857
Cap Rate 9%
$862,444
Alternative Uses
Best Use
Retail
$1.28M
$1.12M – $1.49M
NOI $89,548 @ 7.0% cap · market cap 10.54%
Second Best
Self Storage
$1.11M
$970.3K – $1.29M
NOI $77,620 @ 7.0% cap · market cap 9.13%
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M
NOI $140,190 @ 7.0% cap · market cap 16.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39046, MS
27,866
Population
12,909
Households
2.2
Avg Household Size
37
Median Age
29%
College-Educated
83%
High-School Grad
311.8 sq mi
ZIP Area
89
Density / Sq Mi
$48,288
Median Household Income
$33,879
Median Earnings
$879
Median Rent
$210,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- It's Vinyl Y'all — 102 Aulenbrock Dr, Canton, MS 39046
- Southeastern Powersports — 1994-A US-51, Madison, MS 39110
- Black Diamond Racing Customs LLC — 102 Lone Wolf Dr Suite C, Madison, MS 39110
Frequently Asked Questions
What type of property is this?
Auto shop - I-2-zoned property combines dedicated office, truck-repair, and self-storage-style buildings with outdoor operating space.
Where is this auto shop located?
The property is located at 251 Yandell Rd Canton, MS.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Approximately 7,200 SF industrial facility with +/-6,000 SF shop and +/-1,200 SF finished office space; Separate +/-2,000 SF self‑storage‑style building; 5+ acres of I‑2 zoned land
