Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    203 Industrial Park Rd Starkville, MS 39759
    Back to Search
    Property profile & analytics

    203 Industrial Park Rd Starkville, MS 39759

    View on Map
    • Office buildings
    • 3,375 SF
    For Lease
    View Listing →
    Starkville Warehouse Space For Lease For Lease
    Contact for pricing
    141,866 SF

    Starkville Warehouse Space For Lease

    141,866 SF warehouse on 12 acres in Starkville, MS.

    203 Industrial Park Rd, Starkville, MS 39759
    View Listing
    Property ID
    US50-1421842
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 203 Industrial Park Rd

    Year built
    1966
    Construction
    STEEL FRAME
    Property size
    3,375 SF
    Property type
    Office buildings
    APN
    2241
    APU
    2241

    Description

    This exceptional Starkville, Mississippi industrial property, located at 203 Industrial Park Rd, 39759, offers 141,866 square feet of flexible warehouse and distribution space. Situated on a generous 12-acre lot in Oktibbeha County, this property boasts two buildings. The main warehouse building comprises 135,366 square feet, while a secondary 6,500-square-foot shop building is also available. The property features 9 dock-high doors and 3 drive-in doors, catering to efficient loading and unloading. Ceiling heights range from 18 to 26 feet, providing ample vertical space. The property is zoned for industrial use and offers multi-tenant capabilities, with spaces divisible down to 6,500 square feet. The 6,500 square foot shop building includes a fenced and improved 6-acre outdoor storage area. Built in 1997, this property presents a significant opportunity for businesses seeking substantial warehouse or distribution space in a prime Starkville location. The entire 141,866 square feet is currently vacant and ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Starkville
    County
    Oktibbeha
    State
    Mississippi
    Longitude
    -88.8355
    Latitude
    33.4478
    CBSA code
    44260
    CBSA name
    STARKVILLE, MS MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $36,068
    $0.00
    $0.00
    $235,587
    -
    $120,000
    $1,450,580
    $1,570,580

    Comparable in this City

    • Value Estimation by Request
      13,043 SF

      85 Dawg Dr

      OFFICE BUILDING • 13,043 SF
      85 Dawg Dr, Starkville, MS 39759-8742
      View Details
    • Value Estimation by Request
      2,024 SF

      300 Greensboro St

      OFFICE BUILDING • 2,024 SF
      300 Greensboro St, Starkville, MS 39759-2802
      View Details
    • Value Estimation by Request
      2,395 SF

      114 Main St

      OFFICE BUILDING • 2,395 SF
      114 Main St, Starkville, MS 39759-2928
      View Details
    • Value Estimation by Request
      1,753 SF

      322 University Dr

      OFFICE BUILDING • 1,753 SF
      322 University Dr, Starkville, MS 39759-2955
      View Details
    • Value Estimation by Request
      1,800 SF

      Starkville, MS 39759

      OFFICE BUILDING • 1,800 SF
      Starkville, MS 39759
      View Details
    • Value Estimation by Request
      1,526 SF

      Starkville, MS 39759

      OFFICE BUILDING • 1,526 SF
      Starkville, MS 39759
      View Details

    Similar Nearby for Sale

    • $510,000
      7.50 Acres

      Commercial Land Near Mississippi State

      Commercial property near Mississippi State University with development potential.
      Boyd Rd, Starkville, MS 39759
      View Details
    • Contact for pricing
      161,172 SF

      Starkville Redevelopment Opportunity

      3.7 acres in Starkville near Mississippi State University campus.
      Gillespie Green Streets 3.7Acres Spg, Starkville, MS 39759
      View Details
    • $3,155,000
      1.40 Acres

      Collegeview District Land Opportunity

      1.4-acre Starkville commercial/residential land
      200 Collegeview Dr, Starkville, MS 39759
      View Details
    • Contact for pricing

      Starkville Development Site For Sale

      11.73 acre commercial development site in Starkville, Mississippi.
      W Side Of Hwy 25 / Carter Blvd, Starkville, MS 39759
      View Details
    • Contact for pricing

      76 Acres Former Dairy Farm

      Land with highway frontage, suitable for building or development.
      82 76 +/- Ac, Starkville, MS 39759
      View Details
    • Contact for pricing

      Prime Cotton District Development Site

      Development opportunity near Mississippi State University with triple frontage.
      0.30 Ac Prospect Pl & College Vw Dr, Starkville, MS 39759
      View Details

    Similar Nearby for Lease

    • $37 SF/Yr
      11,773 SF

      Starkville Medical Office Building

      Prime 11,773 SF medical facility, Starkville, MS
      225 Tomlinson Dr, Starkville, MS 39759
      View Details
    • Contact for pricing

      Highway 12 Retail Center

      Proposed retail center near Hilton Garden Inn and MSU campus.
      W Side Hwy 12 E, Starkville, MS 39759
      View Details
    • Contact for pricing

      Starkville Warehouse Space For Lease

      141,866 SF warehouse on 12 acres in Starkville, MS.
      203 Industrial Park Rd, Starkville, MS 39759
      View Details
    • Contact for pricing

      Flex Warehouse Space For Lease

      Flex warehouse space on 11.72 acres with outside storage.
      1025 Highway 45 North Alternate, Starkville, MS 39759
      View Details
    • Contact for pricing

      Prime Retail Space in Starkville

      Excellent 1,476 SF retail space in Midtown development.
      401 University Dr, Starkville, MS 39759
      View Details
    • Contact for pricing
      60,093 SF

      Flex Warehouse Space For Lease

      60,093 SF flex warehouse space on 11.72 acres.
      1025 Highway 45 North Alternate, Starkville, MS 39759
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    203 Industrial Park Rd
    Starkville, MS 39759
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    203 Industrial Park Rd, Starkville, MS, 39759
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!