457 49 Frontage Rd Richland, MS 39218
This exceptional 13,072-square-foot industrial property, situated on a fully improved 2.47-acre lot at 457 U.S. 49 Frontage Rd in Richland, Mississippi (zip code 39218), presents a compelling investment opportunity. Built in 1977, this single-story building boasts seven drive-in bays, a truck paint booth, and a 5-ton overhead crane, making it ideal for various industrial uses. The property features a substantial parking/laydown yard with a mix of concrete and aggregate surfaces. Internal space includes warehouse/shop space, a parts department counter and ample storage, reception area, and office spaces. Security is ensured by a metal fence with gated access. The location offers unparalleled visibility and signage on Highway 49, a corridor known for its concentration of manufacturing and distribution facilities. Benefit from easy access to major transportation arteries, including Interstates 20 and 55 (less than 2 miles to I-20 and 2.5 miles to I-55), and proximity to Jackson-Medgar Wiley Evers International Airport (13 miles). The property is zoned IND (Industrial District) and has an APN of D07N000004 00000. High traffic volume on Highway 49 (55,000 vehicles per day) ensures excellent exposure. The asking price is $1,370,000, translating to $106.72 per square foot.
Cap rate
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Property description
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