162 Concourse DrPearl, MS 39208

Property Details for 162 Concourse Dr

Year built

2004

Lot size

5.35 AC

Property size (Sq ft)

8,016 SF

Property type

Office buildings

APN

G08M000013 00170

APU

G08M00001300170

Description

This 3,000-square-foot warehouse in Rankin County offers a versatile space perfect for various businesses. The property features a 500-square-foot climate-controlled office area, providing comfortable workspace separate from the warehouse. The warehouse itself boasts a convenient drive-in roll-up door for easy loading and unloading, and a generous 16-foot ceiling height, maximizing storage and operational efficiency. The property's strategic location offers easy access to Interstate 20 and Jackson International Airport, ensuring seamless transportation and logistics. This single-tenant space is available for lease at a monthly rate of $3,000. The combination of ample space, functional design, and prime location makes this an exceptional opportunity for businesses seeking efficient and accessible warehouse facilities in a thriving area. The property is classified as industrial and is ready for immediate occupancy. Its convenient access to major transportation routes and the airport makes it an attractive option for companies needing efficient distribution networks. The climate-controlled office space adds to the property's appeal, offering a comfortable and productive work environment. This warehouse is an excellent choice for businesses seeking a functional and strategically located space in Rankin County.

• CAP approach

  CAP return

  Valuation

  6%

  $1,343,675

  6.5%

  $1,240,315

  7%

  $1,151,721

• Comparable approach

  Method

  Valuation

  Relative Method

  $611,468

  Geo Method

  $1,563,601

• Alternative Use

  Use

  Valuation

  Residential

  $1,537,991

  Hospitality

  $1,408,791

  Educational

  $1,172,098

  Medical

  $1,212,408

  Retail

  $1,823,263

Location Insight

City

Pearl

County

Rankin

State

Mississippi

Latitude

32.2791

Longitude

-90.0646

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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