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Property profile & analytics
OFF-MARKET
Industrial properties

1219 Magnolia Dr Wiggins, MS 39577

32,000 SF 18 ac lot Built 1980
Property ID
Property summary
AI-generated overview

This exceptional 32,000 square foot flex space property in Wiggins, Mississippi, presents a unique investment opportunity. Situated on an expansive 18-acre lot, this property boasts convenient access to Highway 49, a major transportation artery along the Mississippi Coast. The site includes three buildings, offering a variety of uses and sizes, constructed at different times. One building, exceeding 3,200 square feet, is currently leased to a tenant. The property benefits from direct railroad access via a potential connection to the Canadian Pacific Kansas City (CPKC) railroad, providing significant logistical advantages for businesses requiring efficient freight transport. The property's zoning is designated as Industrial, allowing for a wide range of potential uses. The buildings themselves are in varying conditions, reflecting their different construction dates and histories. This presents a chance to acquire a substantial property with significant upside potential, ideal for investors seeking a versatile industrial asset with excellent transportation links in a growing Mississippi market. The property's location in Stone County, Mississippi, and its address is 1219 N Magnolia Dr, Wiggins, MS 39577. The asking price for this significant industrial property is $499,000.

Property profile
Verified
Property type Industrial properties
Year built 1980
Total area 32,000 SF
Lot 18 ac (784,080 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
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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