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    1125 Weems St Pearl, MS 39208

    Sponsored
    For Lease
    $5 SF/Yr

    175,000 SF Warehouse, Refrigerated Space Available

    Lot size:
    175,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property in Pearl, Mississippi, offers 175,000 square feet of versatile warehouse space, perfect for distribution or cold storage needs. The property consists of three buildings totaling 175,000 square feet, with divisible units ranging from 50,000 to 175,000 square feet, allowing for flexibility to suit various business requirements. Currently, 168,000 square feet is available for lease or purchase. The property boasts 24 loading docks and 2 drive-ins, ensuring efficient operations. High ceilings, ranging from 18 to 30 feet, provide ample vertical space. Significant improvements are planned for 2024, including a new truck court enabling cross-docking capabilities, approximately 8 acres of fenced outdoor storage, interior painting, insulation and roof repairs where needed, and new LED lighting. The property also features approximately 10,000 square feet of refrigerated space and 40,000 square feet of freezer space, potentially operational for suitable tenants. Situated on 14 acres of land, this Class B property enjoys a prime location in Rankin County's Pearl - 49 South submarket, providing convenient access to Interstates 20 and 55 via the new Pearson Road Interchange. This is a rare opportunity to secure a substantial industrial space in a thriving Mississippi market. The property is zoned for industrial use and has ample parking.

    Property Features for 1125 Weems St

    General Information

    Property type
    Refrigerated & Cold Storages
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    175,000 SF
    Class
    B
    Total Rate
    80208.33

    Building Details

    Year Renovated
    2024
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    approximately 54,000 SF
    Size
    54,000 SF
    Rate per SF
    $6

    HighLights

    • 50,000‑175,000 SF of industrial warehouse space available for lease or sale, partial or full occupancy.
    • Rankin County location, offering convenient access to I‑20 and I‑55 via the new Pearson Road Interchange.
    • 2024 renovations planned, including a new truck court enabling cross‑dock capabilities, 8 acres of fenced outdoor storage, interior improvements (painting, insulation repair, roof repairs as needed, LED lighting upgrades).
    • Approximately 10,000 SF of refrigerated space and 40,000 SF of freezer space, potentially operational for suitable tenant.
    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
    -90.137920081817
    Latitude
    32.249320595924

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - 175,000 SF Warehouse, Refrigerated Space Available
    Where is this refrigerated / cold storage located?
    The property is located at 1125 Weems St Pearl, MS.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 50,000-175,000 SF of industrial warehouse space available for lease or sale, partial or full occupancy.; Rankin County location, offering convenient access to I-20 and I-55 via the new Pearson Road Interchange.; 2024 renovations planned, including a new truck court enabling cross-dock capabilities, 8 acres of fenced outdoor storage, interior improvements (painting, insulation repair, roof repairs as needed, LED lighting upgrades).
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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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