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Property profile & analytics
FOR SALE
Warehouses

425 N Union Street Ext Canton, MS 39046

38,363 SF 7.9 ac lot Built 1958
Entity Owned 8-yr Hold Free & Clear
Property ID
US50-0678736
Property summary
AI-generated overview

This exceptional 88,000-square-foot Class B industrial warehouse, located at 425 N Union St Ext in Canton, Mississippi, presents a compelling value-add investment opportunity. Boasting 100% occupancy, the property features 8 loading docks, a 16- to 28-foot clear ceiling height, and sits on a 6-acre lot including approximately 3.5 acres of fenced gravel yard. Renovated in 2021, this single-story distribution and warehouse facility is ideally situated within Madison County, offering convenient access to major transportation arteries, including Interstate 55 (2.5 miles away). Its strategic location provides proximity to significant industrial players, including the Nissan North America Plant (3.8 miles) and a new, large Amazon distribution center currently under construction in Canton. The property's size makes it particularly well-suited for a third-party logistics (3PL) operator or similar business requiring substantial space and yard area. The asking price is $5,300,000, with a price per square foot of $60.09. The property is zoned for industrial use and offers potential for owner financing, leasing, or sale. Cooler/freezer capabilities are also available. This is one of the largest remaining vacancies in Madison County, presenting a rare opportunity to capitalize on the region's robust industrial growth.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1958
Total area 38,363 SF
Lot 7.9 ac (344,124 SF)
APN 093D-18C-002
UPID US50-0678736
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Apportunities Mgmt Group LLC · 8 yrs held
Apportunities Mgmt Group LLC
since 2017
2 recorded transactions
2017
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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