Property profile

35 Grady Rd Grenada, MS 38901

OFF-MARKET
Office buildings
Property ID
US50-1511535
780 SF Built 1992
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a combined office and warehouse property ideally situated in Grenada, Mississippi, less than two minutes from Interstate 55. The property consists of two buildings totaling 8280 square feet. The warehouse component boasts 7500 square feet of space, complete with 10 loading docks, making it suitable for various logistical needs. The office space comprises 780 square feet, offering ample room for administrative functions. The property includes three bathrooms, providing convenient facilities for both employees and clients. Constructed in 1992, the buildings feature a durable steel frame and a metal roof, ensuring longevity and low maintenance. The property benefits from central heating and air conditioning, providing a comfortable and efficient working environment. The one-acre lot offers ample space for expansion or future development. This property is priced at $325,000 and represents a compelling investment opportunity in a strategic location with excellent access to major transportation routes. The combination of warehouse and office space makes this property versatile and attractive to a wide range of potential buyers.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1992
Total area 780 SF
APN 092 10 012.09
UPID US50-1511535

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Butcher Big Box & Wholesale Store

Location

35 Grady Rd Grenada, MS 38901
Grenada metro Census 950202 GRENADA, MS MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2015
Price N/A

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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