1125 Weems St, Pearl, MS 39208
For Lease
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This exceptional industrial property, located at 1125 Weems Street in Pearl, Mississippi (zip code 39208), offers a significant opportunity for businesses seeking warehouse or distribution space. The property encompasses 175,000 square feet across three single-story buildings situated on a 14-acre lot. Currently, 165,000 square feet is available, with a minimum divisible space of 40,000 square feet and a maximum contiguous space of 175,000 square feet. The property boasts 19 loading docks, 19 dock-high doors, and 2 drive-in doors, ensuring efficient loading and unloading operations. Ceiling heights range from 18 to 30 feet, providing ample vertical space for storage. The property is classified as Class B and underwent renovations in 2024, including exterior painting, roof repairs or replacement, and a complete LED lighting upgrade. Office space is also being remodeled. The property is zoned I-1 and enjoys a strategic location at the intersection of I-55 and I-20, offering excellent access to major transportation routes. This represents one of the last large industrial vacancies (over 50,000 square feet) in Rankin County, Mississippi, which currently boasts a 98.5% occupancy rate (excluding this property). This prime location in the highly sought-after Rankin County submarket presents a rare opportunity for businesses seeking significant industrial space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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.