Property profile

1706 Cypress Ave Greenwood, MS 38930

FOR SALE
Industrial properties
Property ID
US50-1670573
70,000 SF 12.63 ac lot Built 2004
Individually Owned Free & Clear
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1706 Cypress Ave, Greenwood, MS 38930 For Sale
$780,000 70,000 SF
1706 Cypress Ave, Greenwood, MS 38930
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Property summary

AI-generated overview

This robust industrial building, constructed in 2004, presents a significant opportunity for industrial operations in Greenwood, Mississippi. Situated on approximately seven acres in the heart of the Mississippi Delta, this 70,000-square-foot facility offers ample space for manufacturing, distribution, or other industrial uses. The property currently houses a long-standing, successful steel fabrication business, demonstrating its suitability for heavy industrial applications. The building features approximately 3,000 square feet of office space, including four private offices, a conference room, and separate men's and women's restrooms. The expansive 67,000-square-foot manufacturing/warehouse area is distinct from the office space and can be easily adapted for various needs, including individual storage areas. This area boasts an impressive 33' 6" interior peak ceiling height and a 19' x 19' overhead door. The property includes fourteen dock-high doors, four equipped with levelers, and three functioning bridge cranes capable of traversing the building's 500-foot length. Crane capacities include one 10-ton crane and two 3-ton cranes. Benefiting from a prime location approximately one mile from US-82, the property offers easy access to major transportation routes. It's also conveniently located within 30 minutes of I-55, approximately 100 miles south of Memphis, and less than 95 miles from Nissan, Amazon, AWS, and the Madison Mega Site. This property is priced at $2,450,000.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2004
Total area 70,000 SF
Lot 12.63 ac (550,163 SF)
APN 9920000000120
UPID US50-1670573

Cap rate & NOI

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

Location

1706 Cypress Ave Greenwood, MS 38930
Greenwood metro Census 950400 GREENWOOD, MS MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$780k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$780k

Owner & transaction history

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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More about this property
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