Technical
Financial
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Property profile

1108 Weems St Pearl, MS 39208

OFF-MARKET
Warehouses
Property ID
US50-0264512
21,242 SF 1.2 ac lot Built 1972
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This single-tenant industrial property, located at 1108 Weems St in Pearl, Mississippi, offers 21,611 square feet of versatile space. Situated on 1.14 acres of land in Rankin County, this 1972-built warehouse boasts a 14-foot ceiling height, making it suitable for a variety of industrial uses. The property features four loading docks and one drive-in door, providing ample access for loading and unloading. Three-phase power is available. The building's layout includes approximately 2,000 square feet of office space connected to a 2,100 square foot shop area, which leads to the main 15,000 square foot warehouse. The property is zoned for industrial use and is conveniently located in the Pearl submarket, offering easy access to major transportation routes. The building is currently vacant and ready for immediate occupancy. Additional dock installations are possible. This property presents a unique opportunity for businesses seeking a well-maintained, spacious warehouse in a prime industrial location. The property's size, features, and location make it an attractive option for distribution, warehousing, or flex-use operations.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1972
Total area 21,242 SF
Lot 1.2 ac (52,272 SF)
APN E07M000005 00010
UPID US50-0264512

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1108 Weems St Pearl, MS 39208-6256
Pearl metro Census 20402 JACKSON, MS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2024
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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