For Sale
$175,000

5570 John R. Lynch StJackson, MS 39209

Jackson, MS: 15,600 SF Warehouse

Overview

Added:
Dec 11, 2024
Days on market:
115
This Jackson, MS industrial property offers a unique investment opportunity. Priced at $175,000, this owner-user property boasts 15,600 square feet across three connected buildings, including approximately 1,680 square feet of office space with eight separate offices or work areas. The main warehouse comprises roughly 10,800 square feet of storage space, featuring three loading docks and impressive ceiling heights ranging from 12 to 25 feet. One storage building has a recently replaced roof. The property sits on 1.8 to 2 acres of land, providing ample parking for numerous tractor-trailer rigs, with access from both Lynch Street and Wiggins Road. It benefits from a separate water system, avoiding recent city-wide water supply issues. The property includes a billboard with a ten-year lease (renewed 2023), generating annual income of $5,750 or 25% of gross annual revenue, whichever is greater. The property features 220/110-volt electrical service and city water. Light industrial zoning applies. Built in 1960, this property presents a strong return on investment with a 2.29% cap rate and a price per square foot of $11.22.

Highlights

  • Annual billboard lease income: $5,700 - $6,000.

Property Details for 5570 John R. Lynch St

Property type
Warehouses, Industrial properties
Square Feet
15,600 SF
Year Built
1960
Buildings
3
Stories
1
Lot Size (sq. ft)
78,408 SF

Location Insight

City
Jackson
County
Hinds
State
Mississippi
Latitude
32.30054690814
Longitude
-90.282174294458
5570 John R. Lynch St, Jackson, Mississippi

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5570 John R. Lynch St
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