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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 exceptional 606,321-square-foot industrial property, situated on 27.5 acres in Newton, Mississippi, presents a unique investment opportunity. The property boasts three buildings, totaling 606,321 square feet of space, currently entirely vacant and available for lease or sale. Built in 1967 and renovated in 2010, the facility features a two-story design with ceiling heights ranging from 15 to 30 feet, providing ample vertical space for various industrial uses. The property includes 37 loading docks, one drive-in door, and 250 parking spaces, ensuring efficient logistics and ample room for employees and visitors. Heavy power is available, catering to energy-intensive operations. The property is zoned L-2 Heavy Industrial and benefits from its strategic location in the East Central Mississippi submarket, conveniently accessible via Interstate 20, approximately 60 miles east of Jackson, Mississippi. The facility includes approximately 20,000 square feet of office space, complete with management offices, training rooms, an infirmary, and a cafeteria, making it suitable for a wide range of manufacturing and warehousing needs. The property's location offers access to a skilled workforce, evidenced by the long-standing presence of La-Z-Boy in the area. The entire warehouse is under a conditioned roof. The APN is 057J-34-03-001.00. This property is an ideal solution for businesses seeking a large, well-equipped industrial space in a prime location.

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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