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818 Merita Dr

5,000 SF Industrial Building Tupelo, MS 38801 £252,401 (£50/SF) 8.95% Net Initial Yield

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 £252,401 Rentable Building Area 5,000 SF
Price Per SF £50 Number of Floors 1
Sale Type Investment Year Built 2013
Net Initial Yield 8.95% Tenancy Single
Property Type Industrial Clear Ceiling Height 20 ft
Property Subtype
Warehouse
  • Light Industrial Research & Development
  • Showroom
  • Light Industrial Light Distribution
 Cross Streets S. Gloster St
Building Class B
Price £252,401
Price Per SF £50
Sale Type Investment
Net Initial Yield 8.95%
Property Type Industrial
Property Subtype
Warehouse
  • Light Industrial Research & Development
  • Showroom
  • Light Industrial Light Distribution
Building Class B
Rentable Building Area 5,000 SF
Number of Floors 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
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PROPERTY TAXES

Parcel Number 113A-06-036-00 Improvements Assessment £0
Land Assessment £0 Total Assessment £27,003

PROPERTY TAXES

Parcel Number
113A-06-036-00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£27,003

zoning

Zoning Code Mixed use commercial (Mixed use Commerical corridor)
Mixed use commercial (Mixed use Commerical corridor)
(662) 842-3844

  • Listing ID: 32668056

  • Date on Market: 02/08/2024

  • Last Updated:

  • Address: 818 Merita Dr, Tupelo, MS 38801

The Industrial Property at 818 Merita Dr, Tupelo, MS 38801 is currently available For Sale. Contact TM Realtors for more information.

Nearby Listings

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818 Merita Dr, Tupelo, MS for sale Building Photo- Image 1 of 13
818 Merita Dr TUPELO
818 Merita Dr, Tupelo, MS for sale Construction Photo- Image 2 of 13
Partial fenced
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2 rollup doors
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818 Merita Dr of S. Gloster

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© 2024 CoStar Group

818 Merita Dr
(662) 842-3844 x

818 Merita Dr

Sarah Hoing

(662) 842-3844

(662) 842-3844

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