133 Scanlan St, Newton, MS 39345
This exceptional 606,321-square-foot industrial property, situated on 27.5 acres in Newton, Mississippi, presents a unique investment opportunity. The property boasts three buildings, totaling 606,321 square feet of space, currently entirely vacant and available for lease or sale. Built in 1967 and renovated in 2010, the facility features a two-story design with ceiling heights ranging from 15 to 30 feet, providing ample vertical space for various industrial uses. The property includes 37 loading docks, one drive-in door, and 250 parking spaces, ensuring efficient logistics and ample room for employees and visitors. Heavy power is available, catering to energy-intensive operations. The property is zoned L-2 Heavy Industrial and benefits from its strategic location in the East Central Mississippi submarket, conveniently accessible via Interstate 20, approximately 60 miles east of Jackson, Mississippi. The facility includes approximately 20,000 square feet of office space, complete with management offices, training rooms, an infirmary, and a cafeteria, making it suitable for a wide range of manufacturing and warehousing needs. The property's location offers access to a skilled workforce, evidenced by the long-standing presence of La-Z-Boy in the area. The entire warehouse is under a conditioned roof. The APN is 057J-34-03-001.00. This property is an ideal solution for businesses seeking a large, well-equipped industrial space in a prime location.
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La-Z-Boy South Production Facility Furniture & Home Goods
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.