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Property profile & analytics
OFF-MARKET
Warehouses

562 Windmill St Grenada, MS 38901-9383

2,400 SF Built 1966
Entity Owned 7-yr Hold Free & Clear
Property ID
US50-1147604
Property summary
AI-generated overview

This exceptional commercial property, located at 562 Windmill Street in Grenada, Mississippi, presents a unique investment opportunity. The 2,300 square foot building, constructed in 1966, sits on commercially zoned land (APN: 109z 32 08500) and is priced at $265,000 ($115.22 per square foot). The property boasts a versatile layout, combining approximately 600 square feet of indoor office space with roughly 1,700 square feet of shop space. Features include two large bay doors—one with a loading dock and the other with a ramp—enhancing functionality and accessibility. The shop area also includes a convenient half bath. The property is fully fenced with a remote-control gate, ensuring security. Inside, you'll find three separate office spaces, a kitchenette, and an additional half-bath. An 8-camera security system is included in the sale. The property offers easy access, with doors measuring 10-15 feet in height, and two employee restrooms are available. This prime location, just off Highway 51, offers high visibility and excellent potential for a variety of businesses. This is a turnkey opportunity for an entrepreneur seeking a well-equipped and secure commercial space.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1966
Total area 2,400 SF
APN 109Z 32 085.00
UPID US50-1147604
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
Current use
Occupant on record · Public records
  • Diamond K Tower Company Telecommunications Service Construction Company
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
Kozmik Investments LLC · 7 yrs held
Kozmik Investments LLC
since 2018
2 recorded transactions
2018
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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