944 Ms-15 New Albany, MS 38652
This exceptional 43,200-square-foot industrial property in New Albany, Mississippi, offers a versatile space ideal for warehouse, manufacturing, distribution, flex, or R&D operations. Situated on a 3.43-acre lot with convenient Highway 15 frontage, this single-story building boasts a 15-foot ceiling height, two loading docks, and one drive-in door. The property includes 2,520 square feet of office space and 40,680 square feet of warehouse/manufacturing space. Built in 1968, the building has undergone recent improvements, including a new roof and exterior painting completed in 2023. The property is strategically located within an established industrial corridor, just 5.5 miles north of Interstate 22, ensuring easy access to major transportation routes. The total building size is 57,600 square feet, with a portion currently occupied. Taxes are $0.09 per square foot. The property is not zoned. The asking lease rate is $7,000 per month plus NNN (Taxes, Insurance, utilities, property expenses, and building services). The APN is 053R-21-012.00. This presents a unique opportunity for businesses seeking a well-maintained, strategically located industrial space in a growing area.
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
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.