Property profile

405 Commerce Ave Canton, MS 39046

OFF-MARKET
Warehouses
Property ID
US50-0675617
40,300 SF 2.8 ac lot Built 1976
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 40,000-square-foot warehouse in Canton, Mississippi, presents a significant opportunity for industrial businesses. Situated on a 2.8-acre lot in Madison County, this single-tenant property offers ample space and convenient access. The building boasts a substantial 160' x 250' footprint, providing efficient layout options. Loading and unloading are facilitated by three 10' x 10' dock-high doors, supplemented by additional grade-level doors (two 14' x 16', one 10' x 12', and one 10' x 10' box truck level door). The warehouse features a spacious 20,000-square-foot paved parking area. Inside, the clear height reaches 20 feet at the peak and 14 feet at the eaves, with 25' x 40' column spacing. Robust power infrastructure is in place, including 3-phase 600-amp service. The property is located at 405 Commerce Avenue, Canton, MS 39046. This warehouse is currently vacant and ready for immediate occupancy.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1976
Total area 40,300 SF
Lot 2.8 ac (121,968 SF)
APN 093D-20A-402
UPID US50-0675617

Cap rate & NOI

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

Location

405 Commerce Ave Canton, MS 39046-4945
Canton metro Census 30600 JACKSON, MS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
2022
Price N/A
2016
Price N/A
2007
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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