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818 Merita Dr

5,000 SF Industrial Building Tupelo, MS 38801 $319,900 ($64/SF) 8.95% Cap Rate

Investment Highlights

  • Prime location of of S. Gloster Blvd
  • Newer warehouse with 2 rollup doors & 20' ceilings
  • 5,000sf warehouse with establish tenant

Executive Summary

Warehouse for sale with 5,000sf. This a high quality/well maintained warehouse, built in 2013 and is 100' x 50' with approximately 500sf of heated/cooled office space, two restrooms, two roll up doors, and 20 FT ceilings. The property is partially fenced. Single, well established tenant. Prime location off of S Gloster St.

Property Facts

Price $319,900
Price Per SF $64
Sale Type Investment
Cap Rate 8.95%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Research & Development
  • Showroom
  • FlexLight Distribution
Building Class B
Rentable Building Area 5,000 SF
No. Stories 1
Year Built 2013
Tenancy Single
Clear Ceiling Height 20 FT
Cross Streets S. Gloster St

Amenities

  • Fenced Lot

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
113A-06-036-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$34,181

zoning

Zoning Code Mixed use commercial (Mixed use Commerical corridor)
Mixed use commercial (Mixed use Commerical corridor)
  • Listing ID: 32668056

  • Date on Market: 8/2/2024

  • Last Updated:

  • Address: 818 Merita Dr, Tupelo, MS 38801

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