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    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
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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