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Property profile & analytics
OFF-MARKET
Warehouses

2518 Sellers Dr Meridian, MS 39301-1722

4,830 SF 3.75 ac lot Built 2003
Individually Owned 17-yr Hold Absentee Owner Free & Clear
Property ID
US50-0618958
Property summary
AI-generated overview

This exceptional special-purpose property, located at 2518 Sellers Drive in Lauderdale County, presents a unique investment opportunity. The single-tenant building comprises approximately 800 square feet of well-appointed office space, ideal for a variety of professional uses. The office area features a welcoming reception area, two private offices providing ample space for individual work or client meetings, and a convenient restroom. This thoughtfully designed layout ensures both privacy and efficient workflow. Adding to its versatility, an adjoining 15x40 foot warehouse space is available for an additional monthly rental fee of $150, expanding the property's functionality and potential uses. The property's attractive features are further enhanced by the inclusion of water in the rental price, minimizing operational costs for the tenant. Electricity is the responsibility of the lessee. This turnkey solution offers immediate occupancy and the potential for significant return on investment. The property's strategic location in Lauderdale County provides easy access to major transportation routes and local amenities, making it an attractive proposition for businesses seeking a convenient and functional workspace. This is a rare opportunity to acquire a well-maintained, single-tenant property with excellent potential for growth and profitability. Contact us today to schedule a viewing.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2003
Construction STEEL FRAME
Total area 4,830 SF
Lot 3.75 ac (163,350 SF)
APN 82091000000000600
UPID US50-0618958
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Crosswater Construction Construction Company
  • After hr. Tinting Interior Design Auto Repair Shop
  • Custom Medical Solutions Medical Clinic
  • Hodgepodge By Linda Production Facility Textile Manufacturer
  • One Stop Building Supply Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Glenn Kim Mayo · 17 yrs held
Glenn Kim Mayo
since 2009
1 recorded transaction
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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