372 Rd 1438 Tupelo, MS 38804-7595
This В±7100 square foot warehouse presents a unique investment opportunity in Tupelo, Mississippi. Situated on approximately one acre of land, this unzoned property boasts significant road frontage of roughly 205 feet, offering excellent visibility and accessibility. Located just one mile from the I-22 and Auburn Road interchange, this location provides convenient access to major transportation routes. The warehouse features a drive-in door, an existing office space, and a restroom, showcasing its adaptability to various uses. The property also benefits from installed electrical power boxes and access to a 3-phase power pole. Previous improvements by a tenant included interior renovations planned for a grower facility and office setup, suggesting potential for various commercial or industrial applications. The expansive space could easily accommodate a corporate office and warehouse, an automobile body shop, a private workshop, or even a residential barndominium, depending on future development and permitting. The property's location outside Tupelo city limits offers potential cost savings and flexibility in development plans. This versatile property is priced at $325,000 and presents a compelling opportunity for a wide range of businesses.
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Mantachie Printing (Bike/Boat/Book/etc) Store Printing Service
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Phillips Co Inc Marketing & Advertising Printing Service
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
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.