This exceptional Columbus, Mississippi industrial property, located at 221 Fabritek Dr, offers 73,570 square feet of versatile space ideal for manufacturing, warehousing, and executive office functions. The property boasts a single-tenant occupancy, providing a cohesive and efficient layout. The building, constructed in 1978, features a substantial 67,570 square feet of warehouse space with a 21-foot ceiling height, three dock-high doors, and seven additional roll-up doors. A spacious manufacturing area and break room are included within this section. The executive office component comprises 6,000 square feet, thoughtfully divided into twelve private offices, a conference room, break room, copy room, file room, and a large training room. Exterior amenities include a substantial 40 x 90 foot covered truck well with an additional roll-up door, enhancing loading and unloading efficiency. The 5.6-acre lot provides ample space and excellent ingress/egress, complemented by a large paved parking lot. The property is zoned I-2 and situated in Lowndes County, Mississippi, zip code 39702. This exceptional property is available for $3.50 per square foot, NNN. Directions: From Columbus, MS, take Main Street Exit, to Alabama Street, to Hwy 69, right on Hwy 69 South, left on Fabritek Drive
Property Features for 221 Fabritek Dr
General Information
Property type
Distribution properties
Lease Type
Gross Lease
RSF (Rentable sq. ft)
73,570 SF
Total Rate
257495
Building Details
Year Built
1978
Unit(s) available at that property
Space
Available Space
Size
73,570 SF
Rate per SF
$42
HighLights
Estimated real estate taxes: $0.18 per square foot.
Insurance: To be determined.
Estimated common area maintenance (CAM) charges: $0.10 per square foot.
Distribution property - Prime MS industrial space, 5.6 acres
Where is this distribution property located?
The property is located at 221 Fabritek Dr Columbus, MS.
What is the lease rate?
The lease rate is $42 SF/Yr.
What are key features of this property?
This property features: Estimated real estate taxes: $0.18 per square foot.; Insurance: To be determined.; Estimated common area maintenance (CAM) charges: $0.10 per square foot.
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221 Fabritek Dr Columbus, MS 39702
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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
221 Fabritek Dr Columbus, MS 39702
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221 Fabritek Dr, Columbus, MS
Scott Farmer
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221 Fabritek Dr, Columbus, MS
Scott Farmer
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221 Fabritek Dr, Columbus, MS
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221 Fabritek Dr, Columbus, MS
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to 221 Fabritek Dr Columbus, MS 39702
221 Fabritek Dr, Columbus, MS
Scott Farmer
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