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221 Fabritek Dr Columbus, MS 39702-7005

OFF-MARKET Office Spaces Google Maps
6,000 SF 12 ac lot Built 1978
Entity Owned 2-yr Hold ~ Est. High Equity
Estimated value (blended)
$635k
Range $572k – $699k (±10%)
Property ID US50-0541431

Property summary

AI-generated overview

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 profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1978
Construction STEEL FRAME
Total area 6,000 SF
Lot 12 ac (522,720 SF)
APN 69W220028700
UPID US50-0541431

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$635k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2021
Price N/A
2019
Price N/A
2012
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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