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Belwood Building 7340 Bellwood Rd

381,900 SF Vacant Industrial Building Ackerman, MS 39735 £2,549,332 (£7/SF)

Investment Highlights

  • This property is located in a qualified Federal Opportunity Zone.
  • This property qualifies for New Market Tax Credits
  • County, State and Federal incentives available to help new businesses create jobs in the area.
  • Located in a clean, safe and rural Mississippi town

Executive Summary

A large 75 acre industrial, warehouse or distribution complex with over 380,000 Sq. Ft. For lease or for sale. Immediate occupancy. Easy excess to transportation. Located in a nice, safe, clean, rural Mississippi location with a good work force. Choctaw County is listed in the top five safest Counties in Mississippi. Low property tax. County, State and Federal incentives available to new owners creating new jobs.
This property is in a qualified Opportunity Zone and also for New Market Tax Credits.
Qualified Opportunity Zones were created by the 2017 Tax Cuts and Jobs Act. These zones are designed to spur economic development and job creation in distressed communities throughout the country and U.S. possessions by providing tax benefits to investors who invest eligible capital into these communities. Taxpayers may defer tax on eligible capital gains by making an appropriate investment in a Qualified Opportunity Fund and meeting other requirements.

Property Facts

Price £2,549,332
Price Per SF £7
Sale Type Investment or Owner User
Sale Conditions Tenants option to buy property
Property Type Industrial
Property Subtype
Distribution
  • Industrial Manufacturing
  • Industrial Truck Terminal
  • Industrial Warehouse
Building Class B
Lot Size 75.00 AC
Rentable Building Area 381,900 SF
Number of Floors 1
Year Built/Renovated 1953/1990
Parking Ratio 0.26/1,000 SF
No. Dock-High Doors/Loading 8
Level Access Doors 3
Opportunity Zone Yes

Amenities

  • 24 Hour Access
  • Buss Ducts
  • Fenced Lot
  • Yard

Utilities

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
079-0032-0030000
Land Assessment
£4,317
Improvements Assessment
£10,705
Total Assessment
£15,022

zoning

Zoning Code COMMERCIAL/INDUSTRIAL (Property is located in Choctaw County. No zoning required.)
COMMERCIAL/INDUSTRIAL (Property is located in Choctaw County. No zoning required.)
  • Listing ID: 16311223

  • Date on Market: 11/06/2019

  • Last Updated:

  • Address: 7340 Bellwood Rd, Ackerman, MS 39735

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