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    133 Scanlan St Newton, MS 39345

    Sponsored
    For Sale
    $10,000,000

    606,321 SF Warehouse - $10M

    Property size:
    606,321 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This expansive 606,321-square-foot industrial facility, situated on a 27.51-acre lot in Newton, Mississippi (zip code 39345), presents a significant opportunity for manufacturing or warehousing operations. Built in 1967 and zoned for heavy industrial use, the property boasts 37 dock-high doors and offers the potential for partial occupancy. A substantial portion of the warehouse features a 30-foot clear height under a conditioned roof. The property includes 20,000 square feet of office space, complete with management offices, training rooms, an infirmary, and a cafeteria, catering to diverse operational needs. Its strategic location provides convenient access to Interstate 20, and is only 60 miles east of Jackson, Mississippi, ensuring efficient transportation and distribution. The property is priced at $10,000,000, with a price per square foot of $16.49. A skilled workforce is readily available in the area, evidenced by the long-standing presence of La-Z-Boy. This property is ideal for businesses seeking a well-equipped, strategically located facility in the Southeast.

    Property Features for 133 Scanlan St

    General Information

    Property type
    Distribution properties
    Square Feet
    606,321 SF
    Lot Size
    1,198,336 SF

    Building Details

    Year Built
    1967

    HighLights

    • 606,321 SF industrial facility on a 27.51‑acre lot in Newton, MS (39345).
    • Heavy industrial zoning, built in 1967.
    • 37 dock‑high doors, partial occupancy possible.
    • 30' clear height warehouse (conditioned roof), 20,000 SF of office space.
    • $10,000,000 asking price ($16.49/SF).
    • Convenient I‑20 access, 60 miles east of Jackson, MS.
    Property Profile Location Intelligence

    Current Use by Public Records

    La-Z-Boy South Furniture Maker

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Newton
    State
    Mississippi
    Longitude
    -89.1659771
    Latitude
    32.3250922

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Distribution property - 606,321 SF Warehouse - $10M
    Where is this distribution property located?
    The property is located at 133 Scanlan St Newton, MS.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: 606,321 SF industrial facility on a 27.51-acre lot in Newton, MS (39345).; Heavy industrial zoning, built in 1967.; 37 dock-high doors, partial occupancy possible.
    Request Owner's contact information
    133 Scanlan St Newton, MS 39345
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    Newton, MS 39345
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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
    133 Scanlan St Newton, MS 39345
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