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819 Larson St Jackson, MS 39202-3417

OFF-MARKET Warehouses Google Maps
7,555 SF 0.79 ac lot Built 1992
Entity Owned Free & Clear
Estimated value (blended)
$460k
Range $414k – $506k (±10%)
Property ID US50-0375916

Property summary

AI-generated overview

This exceptional industrial property offers a total of 10,500 square feet of warehouse space, strategically located in the Northwest quadrant of I-55 and High Street, just a quarter-mile from I-20. The property boasts a fully fenced 1.688-acre lot (approximately 73,500 square feet), measuring 150 feet by 490 feet, and is zoned for Light Industrial use. The property comprises two buildings. Building A encompasses 7,500 square feet, including 6,000 square feet of warehouse space and 1,500 square feet of office/showroom area. This building features ceiling heights ranging from 16 feet at the eaves to 20 feet at the ridge, along with one drive-in overhead door and one dock-high door. Building B, a 3,000-square-foot warehouse (60' x 50'), is attached to Building A and offers ceiling heights ranging from 14 feet 6 inches to 19 feet 8 inches. The combined property offers a functional and versatile layout ideal for various industrial uses. The asking rent is $5 per square foot monthly, totaling $4,375. This property presents a rare opportunity to secure a well-located, sizable industrial space with excellent access to major transportation arteries. The property's size, layout, and location make it an attractive option for businesses seeking efficient and convenient warehouse operations.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1992
Construction TYPE NOT SPECIFIED
Total area 7,555 SF
Lot 0.79 ac (34,454 SF)
APN 1026 0015 004
UPID US50-0375916

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
  • Electric Utility Company
  • Factory Metal Fabrication Plant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$460k

Owner & transaction history

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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