Current Use by Public Records
- Warehouses
Property Details for 1589 Ms-178
- Year built
- 1965
- Lot size
- 0.98 lot acres
- Property type
- Warehouses
- Property subtype
- Specialty properties
Description
This vacant, 10,610-square-foot industrial property in Myrtle, Mississippi, presents a unique investment opportunity. Located on a 0.98-acre lot at 1589 MS-178, this single-story, Class D building offers a blend of warehouse and office space, ideal for various uses. The 1,688-square-foot office area features recently updated central heating and air conditioning. The expansive 8,922-square-foot warehouse boasts two central air units. Previously used as a cabinet shop, the property retains some original features, including an old wood kiln and paint booth. The property benefits from 3-phase power, fiber optic capabilities, and multiple bay doors. Its strategic location provides easy access to major transportation routes and nearby cities, including New Albany (6 miles), Ripley (23 miles), Holly Springs (28 miles), Tupelo (33 miles), Pontotoc (24 miles), and Oxford (32 miles). The Mississippi Department of Transportation estimated 2,600 average daily vehicles on Highway 178 West in 2022, highlighting the property's high visibility and accessibility. The asking price is $239,000, translating to $22.53 per square foot. The property's zoning is commercial, and the APN is 029R-21-012.00. This versatile space is well-suited for a variety of businesses, including auto repair, maintenance facilities, material storage, or other industrial operations. The property is vacant and ready for immediate occupancy. Built in 1965, this property offers significant potential for a savvy investor or business owner.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Myrtle
- County
- Union
- State
- Mississippi
- Longitude
- -89.1015
- Latitude
- 34.5441
