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Property profile & analytics
OFF-MARKET
Manufacturing properties

1036 Spg St Wesson, MS 39191

2,000 SF 0.1 ac lot Built 1992
Individually Owned 14-yr Hold Free & Clear
Property ID
US50-0342729
Property summary
AI-generated overview

This exceptional commercial property in Wesson, Mississippi presents a compelling investment opportunity. Located at 1036 Spring St, this 0.35-acre lot encompasses a substantial 3,200 square feet of space currently utilized as a well-established mini-storage facility. The facility boasts 30 secure storage units, enjoying a 90% occupancy rate year-to-date, providing a consistent income stream. A separate standalone building is currently leased to a long-term tenant, adding to the property's revenue potential. Situated in the heart of downtown Wesson, this property benefits from its prime location within a growing community. The existing mini-storage operation offers a low-maintenance, income-generating asset, while the ample space and versatile building allow for future expansion and potential repurposing. This property is ideal for investors seeking a stable return on investment with significant upside potential for growth and development. The asking price for this exceptional opportunity is $174,900. The property is located in Copiah County, Mississippi, zip code 39191.

Property profile
Verified
Property type Manufacturing properties
Use group MILL (FEED, GRAIN, LUMBER, TEXTILE)
Year built 1992
Total area 2,000 SF
Lot 0.1 ac (4,284 SF)
APN 6-203P-33-091.00
UPID US50-0342729
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
  • Carpenter Shop Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
James E Keys · 14 yrs held
James E Keys
since 2011
1 recorded transaction
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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