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    431 Monroe Ave Okolona, MS 38860

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    For Sale
    Contact for pricing

    Massive Industrial Space - 626,500 SF

    Property size:
    626,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 431 E Monroe Ave in Okolona, Mississippi, presents a significant investment opportunity. Comprising three buildings totaling 626,500 square feet, this distribution and manufacturing facility sits on a substantial 51.6-acre lot. Originally constructed in 1985 and extensively renovated in 2008, the property boasts a metal roof, ensuring durability and longevity. The expansive space offers a clear height of up to 26 feet, providing ample room for various industrial operations. Efficient operations are supported by 107 dock doors, facilitating seamless loading and unloading. The property also features ample parking, accommodating 400 standard vehicles and 125 trailers. Three-phase power is readily available, catering to the demands of energy-intensive industrial processes. This prime location in Chickasaw County, Mississippi, zip code 38860, offers excellent access to transportation networks, making it an ideal choice for businesses seeking a strategic distribution hub or manufacturing base. The property's size, features, and location combine to create a compelling opportunity for significant returns. This is a rare chance to acquire a large-scale industrial property in a growing market.

    Property Features for 431 Monroe Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    626,500 SF
    Lot Size
    2,247,696 SF

    Building Details

    Year Built/Renovated
    1985/2008
    Buildings
    3

    HighLights

    • Metal roof.
    • Renovated in 2008.
    • 400 standard parking spaces and 125 trailer spaces.
    • Clear ceiling height up to 26 feet.
    • 107 dock‑high doors.
    • 3‑phase power available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Okolona
    County
    Chickasaw
    State
    Mississippi
    Longitude
    -88.7355667
    Latitude
    33.9984882

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    FAQs

    What type of property is this?
    Distribution property - Massive Industrial Space - 626,500 SF
    Where is this distribution property located?
    The property is located at 431 Monroe Ave Okolona, MS.
    What are key features of this property?
    This property features: Metal roof.; Renovated in 2008.; 400 standard parking spaces and 125 trailer spaces.
    Request Owner's contact information
    431 Monroe Ave Okolona, MS 38860
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    Okolona, MS 38860
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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
    431 Monroe Ave Okolona, MS 38860
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