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1319 Hwy 82 1319 US-82 8,449 SF Industrial Building Indianola, MS 38751 $375,000 ($44.38/SF)

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INVESTMENT HIGHLIGHTS

  • Situated on the well-traveled US Highway 82 in Indianola, MS

EXECUTIVE SUMMARY

For Sale Or Lease!!
Location, Location, Location!! Situated on the well-traveled US Highway 82 in Indianola, MS is a 2.3 acre commercial site with a concrete slab and building. This Sunflower County property is located just northeast of Loves Travel Stop and consists of a fairly rectangular shaped site measuring approximately 177.5x178.
A 21,000 square foot concrete slab foundation is in place for parking. To the east lies an 8,449 square foot insulated metal building with a metal roof, also on a concrete slab foundation. Perfect for any commercial or industrial business, the building contains approximately 7,092 square feet of open warehouse space and roughly 1,357 square feet of finished, partitioned office space with a reception area. Two bathrooms also exist. There are four new, electric roll-up doors for ease of access, with three of them being larger in the main warehouse. An additional feature is a 32,000 square foot gravel lay-down yard at the back of the property for parking or storage.
The property is zoned C-3, Highway Commercial District, which encompasses most of the businesses along and on either side of US Highway 82. The parcel is primarily located in a professional development with restaurants, a medical clinic, financial institution, business offices, and a church.
The property offers a level topography with access to all public utilities provided in the City of Indianola (water, sewer, electricity, natural gas, telephone, and internet services). The site is in FEMA Zone X not a designated flood hazard area with reduced flood risk.

PROPERTY FACTS Under Contract

Price $375,000
Price Per SF $44.38
Sale Type Investment
Sale Condition Lease Option
Property Type Industrial
Property Subtype
Service
  • General Retail Auto Repair
  • Industrial Warehouse
Building Class B
Lot Size 2.31 AC
Rentable Building Area 8,449 SF
No. Stories 1
Year Built 1989
Tenancy Single
Parking Ratio 4.85/1,000 SF
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes
Zoning C-3 - Highway Commercial District

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
119J-32-00-002.00
Land Assessment
$7,590
Improvements Assessment
$27,823
Total Assessment
$35,413
  • Listing ID: 33833809

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: 1319 US-82, Indianola, MS 38751

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