757 Main St Petal, MS 39465
This exceptional industrial property in Petal, MS, presents a unique investment opportunity. Spanning approximately 2.36 acres, the property comprises three buildings totaling roughly 16,200 square feet, offering significant versatility for a range of commercial and industrial uses. Building 1 features a retail storefront with roll-up doors, gas heating, and restrooms. Building 2 boasts a 40-foot paint booth with a fire suppression system, two overhead cranes (3-ton and 5-ton), and heavy-duty pulling beams. Building 3 includes a wash bay with a catch basin and septic system, plus additional workspace and plumbing for an air compressor system. The property is equipped with a 480-volt electrical system, adaptable transformers, and modern security features including cameras and an intercom. Two buildings have separate meters. A significant asset is a fully operational cell tower lease generating $605 monthly income under a 30-year agreement. Ample yard space with crushed limestone provides additional storage or workspace. Conveniently located on South Main Street with easy access to Highway 42, this move-in ready property is ideal for expansion or new business establishment in the thriving Petal area. The sale includes a tankless hot water heater and an air compressor system in one building.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.