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Property profile & analytics
OFF-MARKET
Warehouses

133 Scanlan St Newton, MS 39345

606,321 SF 27.51 ac lot Built 1967
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Warehouses
Year built 1967
Total area 606,321 SF
Lot 27.51 ac (1,198,336 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • La-Z-Boy South Production Facility Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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