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Property profile & analytics
OFF-MARKET Estimated value $660,000
Warehouses

1075 Mendell Davis Dr Byram, MS 39272-9788

10,000 SF 7.22 ac lot Built 1992
Entity Owned 3-yr Hold Free & Clear
Property ID
US50-0263612
Property summary
AI-generated overview

This exceptional 2-acre industrial outside storage (IOS) lot is ideally situated at 1075 Mendell Davis Drive in Byram, Mississippi, offering unparalleled access to major transportation arteries. The property boasts a prime location directly off Interstate 55, placing businesses within easy reach of regional and national distribution networks. Less than 10 miles south of the crucial I-55 and I-20 interchange, this location provides significant logistical advantages for efficient transportation and distribution. The lot itself is fully improved, featuring a durable limestone surface, ensuring a solid and stable foundation for various industrial uses. For added security and operational convenience, the property is completely fenced and equipped with lighting, enhancing safety and visibility. This ready-to-use lot presents a unique opportunity for businesses seeking a strategically located and well-maintained outdoor storage solution in the thriving Hinds County market. The single-tenancy nature of this property provides an ideal space for businesses seeking a dedicated and secure location for their operations. The property is classified as land with an industrial subtype. The zip code is 39272.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1992
Construction TYPE NOT SPECIFIED
Total area 10,000 SF
Lot 7.22 ac (314,503 SF)
APN 4854 0457 002
UPID US50-0263612
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$565k
Blend (final) Blend
$660k
Owner & transaction history
Vanpete LLC · 3 yrs held
Vanpete LLC
since 2023
2 recorded transactions
2023
Price N/A
2001
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $905,000 +62.9%
Auto repair, garage $875,000 +57.0%
Medical building $805,000 +44.3%
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