Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    108 Industrial Dr Pelahatchie, MS 39145-2915

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    108 Industrial Dr Pelahatchie, MS 39145-2915

    View on Map
    • Manufacturing properties
    • 268,976 SF
    • 23.12 lot acres
    Off-Market
    Last Sale Jul 14, 2022
    Property ID
    US50-0275551
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Color-Box Inc / Marketing & Advertising / Printing Service
    • Menasha / Industrial Manufacturer / Production Facility

    Property Details for 108 Industrial Dr

    Year built
    1971
    Lot size
    23.12 lot acres
    Property size
    268,976 SF
    Property type
    Manufacturing properties
    APN
    N10 000002 00020
    APU
    N1000000200020

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pelahatchie
    County
    Rankin
    State
    Mississippi
    Longitude
    -89.8286
    Latitude
    32.3116
    CBSA code
    27140
    CBSA name
    JACKSON, MS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $87,679
    $0.00
    $0.00
    $816,001
    -
    $138,720
    $5,301,280
    $5,440,000

    Comparable in this City

    • Value Estimation by Request
      32,062 SF

      4311 Hwy 80

      FACTORY (MANUFACTURING) • 32,062 SF
      4311 Hwy 80, Pelahatchie, MS 39145-2918
      View Details
    • Value Estimation by Request
      15,012 SF

      4346 Hwy 80

      FACTORY (MANUFACTURING) • 15,012 SF
      4346 Hwy 80, Pelahatchie, MS 39145-3533
      View Details
    • Value Estimation by Request
      18,750 SF

      201 Lockwood Ave

      FACTORY (MANUFACTURING) • 18,750 SF
      201 Lockwood Ave, Pelahatchie, MS 39145-2785
      View Details
    • Value Estimation by Request
      169,043 SF

      301 Brooks St

      Manufacturing properties • 169,043 SF
      301 Brooks St, Pelahatchie, MS 39145
      View Details
    • Value Estimation by Request
      5.08 Acres

      Pelahatchie, MS 39145

      CHEMICAL • 5.08 Acres
      Pelahatchie, MS 39145
      View Details
    • Value Estimation by Request
      40,600 SF

      4347 Hwy 80

      FACTORY (MANUFACTURING) • 40,600 SF
      4347 Hwy 80, Pelahatchie, MS 39145
      View Details

    Similar Nearby for Sale

    • $163,000
      12.00 Acres

      Pelahatchie Acreage for Custom Homesite

      12+/- acre tract in Rankin County School District.
      Holly Bush Rd, Pelahatchie, MS 39145
      View Details
    • $130,000
      7.38 Acres

      Pelahatchie Homesite Land For Sale

      7.38 acre homesite near Madison and Ross Barnett Reservoir.
      1603 Holly Bush Rd, Pelahatchie, MS 39145
      View Details
    • $446,520
      Pending

      Rankin County Development Opportunity

      74.42 acre development tract in Rankin County, Mississippi.
      Holly Bush Rd, Pelahatchie, MS 39145
      View Details
    • $495,425
      44.70 Acres

      Rankin County Timber Tract

      Prime timber tract in Rankin County with development potential.
      Barker Rd, Pelahatchie, MS 39145
      View Details
    • $74,900
      Pending

      Pelahatchie Land Ready to Build

      6 acres near Pelahatchie, MS, ideal for building a home.
      Highway 43 N, Pelahatchie, MS 39145
      View Details
    • $667,550
      60.40 Acres

      Rankin County Land Opportunity

      60.4 acre property in Pisgah School District.
      Mink Branch Rd, Pelahatchie, MS 39145
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    108 Industrial Dr
    Pelahatchie, MS 39145-2915
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!