133 Scanlan St Newton, MS 39345
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.
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La-Z-Boy South Production Facility Furniture & Home Goods
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.