1706 Cypress Ave, Greenwood, MS 38930-7421
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.