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369 Enterprise Dr

18,500 SF Industrial Building Batesville, MS 38606 £2,717,565 (£147/SF)

Investment Highlights

  • The facility already has a Tier 1 cultivator license and has the commercial/industrial zoning required to move forward with new ownership for completi
  • Driving Directions: From I-55, take exit 246 - North Batesville onto MS 35. Go east for one mile and then turn left onto Enterprise Drive. The proper

Executive Summary

?This 18,500 square foot facility sits on two acres conveniently located two minutes from I-55 and forty-five minutes south of Memphis, TN. The property offers excellent access in a fenced industrial park along with the area's UPS hub and is just one mile from the Panola County Airport-PMU. Another key location feature is that it's situated between the Panola County Sheriff's Department and Mississippi Highway Patrol Troop E, with less than a mile from each, providing an extra layer of security.
Strategically designed for the commercial cultivation of medical cannabis, the property is equally suited for a hemp cultivation facility. The exterior walls are 10” with 1-1/2" of R-panel, 8" studs, & 1/2" of Trusscore. All interior walls are 4-7/8” with exception to the wet wall between restrooms, which is 6-¾”. The demising walls separating cultivation areas from other areas are 9 inches with 8” studs and ½” Trusscore or drywall on each side.
?Although constructed with specific use in mind, the building is not yet finished for production, so it certainly has flexibility to be used for other industries, too. At the current stage, 8,500 square feet are finished to sheetrock and have wiring, plumbing, duct work, and an extensive drainage system in place.
The facility was designed with dedicated office space, a reception area, break room, restrooms, and multiple flower rooms, along with rooms for fertigation, packaging, processing, and more. The AC All Grow Production cooling/Dehum equipment can be included along with Andem dehumidification equipment. Detailed cultivation plan sets and grow room build-out proposals are available. Additional equipment for production can also be included.
Indoor production enables all environmental factors to be tightly controlled and will sustain numerous harvests throughout the year, so this facility is perfectly suited for the industry. At maximum capacity, the finished facility would have 5,000 square feet of canopy space and would be capable of producing 3,600 pounds of product annually.

Property Facts

Price £2,717,565
Price Per SF £147
Sale Type Owner User
Property Type Industrial
Lot Size 2.00 AC
Rentable Building Area 18,500 SF
Number of Floors 1
Year Built 2023
Parking Ratio 0.65/1,000 SF
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1137 2600000 0000104
Land Assessment
£2,009
Improvements Assessment
£62,684
Total Assessment
£64,693
  • Listing ID: 33882171

  • Date on Market: 15/11/2024

  • Last Updated:

  • Address: 369 Enterprise Dr, Batesville, MS 38606

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