2309 Highway 80, Jackson, MS 39208

$472,000
Property Type: Commercial Sale Square Footage: 36,000 Lot Size (sq. ft.): 135,472 Status: Closed
Current Price: $525,000 List Date: 1/31/2017 Last Modified: 11/19/2024

Description

This is an excellent high cap rate investment opportunity to purchase a successful heavy equipment shop facility with tenants in place or perfect for an owner operator in construction, heavy equipment, trucking, farm equipment, recreational vehicles, or sales & service. This superbly built industrial compound features office space, showroom, warehouse, and plenty of storage. This facility has been well maintained, renovated, and expanded upon over time, most recently in 2006. Don't miss out on this one!

More Information MLS# 1293592

Address and Location Information

Parcel Number: 220-1 Directions to Property: From I-20 heading West, take the Ellis Avenue exit, turn right onto Highway 80 and the property will be on your right. Street Number: 2309 Street Name: Highway 80 County: Hinds State: MS Zip Code: 39208

Location

Interstate Exchange: 1 US Highway: 1

Listing Information

Listing Service: Full Service Status: Closed List Date: 2017-01-31 List Price: $525,000 Current Price: $472,000 Property Sub Type: Industrial

General Property Information

Property Sub Type: Industrial Approx Lot Size Acres: 3.11 SqFt Source: Owner List Price/SqFt: 14.58 Approx H/C SqFt: 36000 Year Built: 1964

Tax and Financial Information

Tax Annual Amount: 15795 Tax Year: 2016 Zoning: Light Industry Leasehold Y/N: No Legal Description: BEG INT S/L HIGHWAY 80 S & E/L LOT 1 HARVEY PLACE SUBN S 629.4 FT W/LY 47.7 FT NW/LY 199.56 FT N 6

Remarks & Miscellaneous

Public Remarks: This is an excellent high cap rate investment opportunity to purchase a successful heavy equipment shop facility with tenants in place or perfect for an owner operator in construction, heavy equipment, trucking, farm equipment, recreational vehicles, or sales & service. This superbly built industrial compound features office space, showroom, warehouse, and plenty of storage. This facility has been well maintained, renovated, and expanded upon over time, most recently in 2006. Don't miss out on this one!

Status Change Info

Sold Price/SqFt: 13.11 Contract Date/Pending Date: 2017-08-31 Closing Date: 2017-09-01

Current Use

Office: 1 Retail: 1 Warehouse: 1

Income & Expenses

Vacancy Factor: 0

Business Type

Distribution Warehouse: 1 Flex: 1 General Business: 1 Incubator: 1 Manufacturing: 1

Sewer

Aerobic Septic: 1 Cesspool: 1 Engineered Septic: 1 Holding Tank: 1 Mound Septic: 1 Septic Needed: 1 Shared Septic: 1 Unknown: 1 See Remarks: 1

Commercial Features

Delivery Door: 1 Dock Height Loading: 1 Door Sign: 1 Doors 16-20 Feet: 1 Dumpster: 1 Elevator(s): 1 Fenced: 1 Grade Loading: 1 Hoists: 1 Load Dock Grade: 1 Outside Storage: 1 Security System: 1 Smoke Detector(s): 1 Storage Building: 1 % Leased: 100 Business Included: No Frontage Feet: 247 Number of Elevators: 1 Number of Tenants: 1 Traffic Count: 76000

Listing Terms

Cash: 1 Conventional: 1

Showing Requirements

Showing: Appointment Required

Flooring

Carpet: 1 Concrete: 1 Tile: 1 Vinyl: 1

Cooling

Central Air: 1

Heating

Central: 1 Forced Air: 1 Natural Gas: 1

Foundation Details

Concrete Perimeter: 1 Slab: 1

Exterior Construction/Siding

Brick: 1 Metal Siding: 1 Wood Siding: 1

Roof

Metal: 1

Exterior Features

Rain Gutters: 1

Parking Features

Garage: 1 Paved: 1

Lighting

Incandescent: 1 Security: 1 Other: 1

Flood Insurance

No Previous Flood Inside: 1

Available Documents

Appraisal: 1 Brochure: 1 Legal Description: 1 Photographs: 1

Lot Size Range

1 to 5 Acres: 1

Property Features

Business Type: Distribution Warehouse; Flex; General Business; Incubator; Manufacturing Current Use: Office; Retail; Warehouse Commercial Features: Delivery Door; Dock Height Loading; Door Sign; Doors 16-20 Feet; Dumpster; Elevator(s); Fenced; Grade Loading; Hoists; Load Dock Grade; Outside Storage; Security System; Smoke Detector(s); Storage Building Location: Interstate Exchange; US Highway Lighting: Incandescent; Security; Other Flooring: Carpet; Concrete; Tile; Vinyl Cooling: Central Air Heating: Central; Forced Air; Natural Gas Sewer: Aerobic Septic; Cesspool; Engineered Septic; Holding Tank; Mound Septic; Septic Needed; Shared Septic; Unknown; See Remarks Foundation Details: Concrete Perimeter; Slab Listing Terms: Cash; Conventional Roof: Metal Exterior Features: Rain Gutters Parking Features: Garage; Paved Flood Insurance: No Previous Flood Inside Available Documents: Appraisal; Brochure; Legal Description; Photographs Lot Size Range: 1 to 5 Acres
Listing Office: Overby, Inc.
Listing Agent: Sterling McCool
Last Updated: November - 19 - 2024
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.