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    2826 Ms-178 Tupelo, MS 38804

    For Lease
    $3 SF/Yr ($5,833 /Mo)

    20,000 SF Manufacturing/Warehouse

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 20,000-square-foot industrial property in Tupelo, MS, offers a versatile space ideal for manufacturing, flex, warehouse, or distribution operations. Located on State Highway 178, it boasts convenient access to Interstate 22 and Highway 45, ensuring efficient transportation. The property features a mix of existing and newly constructed space, with a total of three dock-high doors for easy loading and unloading. Ceiling heights vary, with 11' eaves and 16' center under beam in one section and 15' eaves and 19' center under beam in the newer addition. The building is classified as Class B and underwent renovations in 2023. The single-tenant space is entirely vacant and ready for immediate occupancy. The landlord is open to negotiating lease terms and potential building improvements. The property's strategic location places it near various amenities, including a furniture store, convenience store, restaurant, and a large indoor/outdoor storage facility, alongside other industrial businesses. This presents a unique opportunity for businesses seeking a well-located, adaptable industrial space in a thriving area. The property is situated in Lee County, Mississippi, with a zip code of 38804.

    Property Features for 2826 Ms-178

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Class
    B
    Total Rate
    5833.33

    Building Details

    Year Renovated
    2023

    Unit(s) available at that property

    Space
    Size
    20,000 SF
    Rate per SF
    $3

    HighLights

    • 20,000 SF industrial building in Tupelo, MS, suitable for manufacturing, flex, warehouse, or distribution.
    • Excellent highway access via State Highway 178, I‑22, and Highway 45.
    • Three dock‑high doors, ceiling heights ranging from 11' to 19'.
    • Class B building, renovated in 2023, currently vacant and ready for immediate occupancy.
    • Landlord open to lease negotiations and building improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Tupelo
    County
    Lee
    State
    Mississippi
    Longitude
    -88.645573712129
    Latitude
    34.261593021068

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    FAQs

    What type of property is this?
    Distribution property - 20,000 SF Manufacturing/Warehouse
    Where is this distribution property located?
    The property is located at 2826 Ms-178 Tupelo, MS.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: 20,000 SF industrial building in Tupelo, MS, suitable for manufacturing, flex, warehouse, or distribution.; Excellent highway access via State Highway 178, I-22, and Highway 45.; Three dock-high doors, ceiling heights ranging from 11' to 19'.
    Request Owner's contact information
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    Tupelo, MS 38804
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    2826 Ms-178 Tupelo, MS 38804
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