Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    106 Cedarstone Dr Madison, MS 39110
    Property profile & analytics

    106 Cedarstone Dr, Madison, MS 39110

    View on Map
    • Warehouses
    • 1,600 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 106 Cedarstone Dr

    Property type
    Warehouses
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional 1,600-square-foot warehouse, located at 106 Cedarstone Dr B in Madison, Mississippi, presents a fantastic opportunity for businesses seeking efficient and accessible space. The property boasts a single-tenant occupancy, offering complete control and flexibility. Built on a generous 2.74-acre lot, the warehouse features a total of 1,600 square feet of space, all currently vacant and ready for immediate occupancy. Completely renovated in 2019, the single-story building is in excellent condition. Its convenient location offers unparalleled access to major transportation arteries. Situated just off Highway 51 and near Interstate 55, this property provides easy commutes to Madison, Gluckstadt, and Canton, making it ideal for businesses needing convenient access to multiple areas. The property's APN is 082f-14-016/01.00, and it is located in Madison County, Mississippi, zip code 39110. This property is classified as both retail and industrial, making it suitable for a wide range of commercial uses. The property's size and location make it an attractive option for businesses seeking a strategic presence in a rapidly growing area. Don't miss this chance to secure a prime warehouse space in a highly desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Mississippi
    Longitude
    -90.069
    Latitude
    32.541

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      102 Lone Wolf Dr

      Distribution properties
      102 Lone Wolf Dr, Madison, MS 39110
      View Details
    • Value Estimation by Request
      11,600 SF

      119 Enterprise Dr

      Distribution properties
      119 Enterprise Dr, Madison, MS 39110
      View Details
    • Value Estimation by Request
      25,063 SF

      Madison, MS 39110

      WAREHOUSE, STORAGE
      Madison, MS 39110
      View Details
    • Value Estimation by Request
      16,324 SF

      135 Industrial N Dr

      WAREHOUSE, STORAGE
      135 Industrial N Dr, Madison, MS 39110-9290
      View Details
    • Value Estimation by Request
      4,800 SF

      355 Distribution Dr

      WAREHOUSE, STORAGE
      355 Distribution Dr, Madison, MS 39110-8744
      View Details
    • Value Estimation by Request
      5,608 SF

      102 Hazelton Cv

      WAREHOUSE, STORAGE
      102 Hazelton Cv, Madison, MS 39110-6961
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Commercial Land on Highway

      Land with frontage on Hwy 51, ideal for retail.
      Us-51, Madison, MS 39110
      View Details
    • Contact for pricing
      59,473 SF

      Fully Leased Industrial Property

      NNN industrial property fully leased to global transport company.
      135 Industrial Dr, Madison, MS 39110
      View Details
    • Contact for pricing

      DSV Warehouse Distribution Facility

      59,473 SF single-tenant warehousing facility, 100% leased on NNN basis.
      135 Industrial Dr, Madison, MS 39110
      View Details
    • Contact for pricing

      Gluckstadt Industrial Property For Sale

      12,003 SF warehouse/office on 4.08 acres near I-55.
      158 American Way, Madison, MS 39110
      View Details
    • Contact for pricing
      59,473 SF

      Gluckstadt Warehouse Space Available

      59,466 square foot warehouse space for rent in Gluckstadt.
      135 Industrial Dr, Gluckstadt, MS 39110
      View Details
    • Contact for pricing
      7,000 SF

      New Retail Construction on Main

      100% leased retail property in high-traffic location.
      1917 Main St, Madison, MS 39110
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,400 SF

      Warehouse and Distribution Center

      5400 SF warehouse and distribution center available for rent.
      412 Bus Park Dr, Madison, MS 39110
      View Details
    • Contact for pricing
      286,720 SF

      Industrial Warehouse Space Available

      286,720 SF warehouse with potential rail access.
      211 Industrial Dr North, Madison, MS 39110
      View Details
    • Contact for pricing
      4,834 SF

      Office/Warehouse Flex Space Available

      Versatile office and warehouse space in growing commercial zone.
      125 Solleftea Dr, Madison, MS 39110
      View Details
    • Contact for pricing
      4,834 SF

      Madison Office/Warehouse Property For Rent

      Versatile office and warehouse space in a growing commercial zone.
      125 Solleftea Dr, Madison, MS 39110
      View Details
    • Contact for pricing
      739,808 SF

      Madison Industrial Space For Lease

      Climate-controlled industrial space with high bay section and ample parking.
      501 Denim Way, Madison, MS 39110
      View Details
    • $20 SF/Yr

      Modern Office, Shop, and Warehouse

      Premier property in Madison, MS with modern office and warehouse.
      108 Lone Wolf Dr, Madison, MS 39110
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    106 Cedarstone Dr
    Madison, MS 39110
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    106 Cedarstone Dr, Madison, MS, 39110
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!