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    1125 Weems St Pearl, MS 39208

    Sponsored
    For Sale
    $4,600,000

    Rankin County warehouse, 35k-175k SF available.

    Property size:
    35,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Rankin County industrial property offers 35,000 to 175,000 square feet of versatile warehouse space, ideal for distribution, cold storage, or general warehousing needs. The property consists of three Class B buildings, each single-story, totaling 175,000 net rentable square feet, situated on a 14-acre lot at 1125 Weems St, Pearl, MS 39208. Currently vacant, this property presents a unique opportunity for immediate occupancy. The asking price is $4,600,000, representing a pro-forma cap rate of 22.83% and a pro-forma NOI of $1,050,000. The property features 24 loading docks and 24 dock-high doors, with ceiling heights ranging from 18 to 30 feet. Significant improvements are planned for completion in 2025, including a new truck court enabling cross-dock capabilities, approximately 8 acres of fenced outdoor storage, interior upgrades (paint, insulation repair, roof repairs as needed, and new LED lighting). The property also includes approximately 10,000 square feet of refrigerated space and 40,000 square feet of freezer space, which can be reactivated. The property is zoned I-1 and benefits from a highly desirable location near the intersection of Interstates 20 and 55, with convenient access via the new Pearson Road Interchange. This is a NNN lease property.

    Property Features for 1125 Weems St

    General Information

    Property type
    Refrigerated & Cold Storages
    Square Feet
    35,000 SF
    Class
    B
    Lot Size
    609,840 SF

    Building Details

    Year Renovated
    2025
    Buildings
    3
    Stories
    1
    Units
    3

    HighLights

    • 175,000 SF of Class B industrial warehouse space available for lease or sale in Pearl, MS.
    • Located on a 14‑acre lot at 1125 Weems St, with convenient access to I‑20 and I‑55 via the new Pearson Road Interchange.
    • Property features 24 loading docks, 24 dock‑high doors, and ceiling heights ranging from 18 to 30 feet; includes approximately 10,000 SF of refrigerated space and 40,000 SF of freezer space.
    • Scheduled 2025 renovations include a new truck court with cross‑dock capabilities, 8 acres of fenced outdoor storage, and interior upgrades (painting, insulation repair, roof repairs, LED lighting).
    • Asking price: $4,600,000, offering a pro‑forma cap rate of 22.83% and a pro‑forma NOI of $1,050,000; NNN lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Refrigerated & Cold Storages

    Suggested Use

    Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Gym & Fitness Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Pearl
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.137994841694
    Latitude
    32.249151647255

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - Rankin County warehouse, 35k-175k SF available.
    Where is this refrigerated / cold storage located?
    The property is located at 1125 Weems St Pearl, MS.
    What is the asking price?
    The asking price for this property is $4,600,000.
    What are key features of this property?
    This property features: 175,000 SF of Class B industrial warehouse space available for lease or sale in Pearl, MS.; Located on a 14-acre lot at 1125 Weems St, with convenient access to I-20 and I-55 via the new Pearson Road Interchange.; Property features 24 loading docks, 24 dock-high doors, and ceiling heights ranging from 18 to 30 feet; includes approximately 10,000 SF of refrigerated space and 40,000 SF of freezer space.
    Request Owner's contact information
    1125 Weems St Pearl, MS 39208
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    Pearl, MS 39208
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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
    1125 Weems St Pearl, MS 39208
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