1219 Magnolia Dr Wiggins, MS 39577
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.