Property profile

425 N Union Street Ext Canton, MS 39046

FOR SALE
Warehouses
Property ID
US50-0678736
38,363 SF 7.9 ac lot Built 1958
Entity Owned 8-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Trucking Company
  • Auto Repair Shop

Location

425 N Union Street Ext Canton, MS 39046
Canton metro Census 30600 JACKSON, MS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2017
2 recorded transactions
2017
Price N/A
2017
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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More about this property
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