11042 Wildwood DrOlive Branch, MS 38654

  • Other commercial real estate
  • 50,024 SF
For Lease
$6/SF/YR View listing

Property Details for 11042 Wildwood Dr

Year built
1972
Construction
CONCRETE
Lot size
3.50 AC
Property size (Sq ft)
50,024 SF
Zone code
M-2
Property type
Other commercial real estate
APN
1-06-6-13-01-0-00007-00
APU
1066130100000700

Description

This exceptional 57,300-square-foot industrial property, located at 11042 Wildwood Dr in Olive Branch, MS, presents a significant opportunity. Completely renovated in 2020, this single-tenant facility boasts a desirable location within North Mississippi's main industrial corridor, situated on a 4-acre lot at the corner of Hacks Cross Rd and Wildwood Dr. The building features a 15-foot ceiling height, providing ample vertical space for various operations. Thirteen loading docks and two drive-in doors ensure efficient loading and unloading. The robust power supply includes 3-phase, 480V, 1,000 amps of electricity. The property is zoned I-H (Heavy Industrial), allowing for a wide range of manufacturing and warehousing uses. The building's excellent location offers easy access to major transportation arteries, including US-78, 385, I-269, and Memphis International Airport. The property also includes a substantial concrete pad for ample outside storage. With its modern amenities, strategic location, and substantial size, this property is ideal for businesses seeking a high-quality industrial space in a thriving market. The property is currently vacant, offering immediate occupancy. The building's column spacing is 25' x 50'. LED lighting is installed throughout. There is potential for expansion with options for up to 10 additional dock doors. This is a rare opportunity to secure a premier industrial space in a rapidly growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,250,005
    Hospitality
    $7,556,960
    Educational
    $6,287,302
    Medical
    $6,503,532
    Retail
    $9,780,248
11042 Wildwood Dr, Olive Branch, Mississippi

Location Insight

City
Olive Branch
County
Desoto
State
Mississippi
Latitude
34.9926
Longitude
-89.7947
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,157
-
-
$176,998
-
$86,000
$1,093,989
$1,179,989

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