Property summary
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
VerifiedCap rate & NOI
Current use
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Trucking Company
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Derived from the Canton market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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