1211 Raceway Rd Greenville, MS 38703-8208
This Greenville, Mississippi industrial property, located at 1211 S Raceway Rd, offers 19,660 square feet of versatile space ideal for distribution, manufacturing, or warehousing. Priced at $432,500, this fee simple ownership opportunity includes three buildings on a 2.12-acre lot (APN: 484000000 & 484110000). The property features two units, all on a single story, and is zoned for commercial use. A former machine shop, the property boasts approximately 2,500 square feet of executive/sales office space and a larger, heated and cooled 10,160 square foot shop area. Significant heavy equipment remains, including rolling cranes and numerous workstation hoists. Several conex containers are located at the rear of the property. One loading dock and one dock-high door are present. This move-in ready facility presents a unique opportunity for a variety of industrial uses. The property is vacant and ready for immediate occupancy. This is a prime location in Greenville, MS, with easy access to major transportation routes. The property's existing infrastructure and equipment offer significant value for a discerning buyer.
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Specialty Welding Diesel Power (SWDP), an M&D Company Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.