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1421 HIGHWAY 125 S Amory MS 38821

[Locked] • APN 3610-01-000-015.00

Details
Property Type Industrial
Sub Type Manufacturing, R&D
Building SqFt 10,058
Lot SqFt 4,600,992
Acreage ******
Building Count 2
Opportunity Zone Yes
Tax Year ******
Days on Market ******
Owner Name MONROE COUNTY R O W
APN 3610-01-000-015.00
USPS Vacancy Indicator N
Latitude 33.963445
Longitude -88.491743
School District Name ******

Property History

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Property Type
Property Type
Industrial
Property Subtype
Manufacturing, R&D
Marketing Description

Prime opportunity to acquire a thirty-two year old Southern tooling business with a strong 3 year average of $468,506 of net income. Serves over 15 clients in a fifty mile radius. Property includes two industrial buildings of 5058+/- and 5000+/- square feet each built in 2000 and 2012 on land parcel of 2.0 acres. The buildings are constructed clear-span of pre-fab metal with 20 foot eave heights and pre-fab metal roof with skylights. The buildings are 50+/- feet wide and 100+/- feet long with two large drive-in doors 16’ tall x 12’ wide. Both buildings have 8’ tall metal sheets on the interior walls, have three phase electrical power, and have roof gutters and downspouts. There is also a concrete storm shelter built in 2019. The older building contains offices, air conditioning, and mostly LED lights. It has two restrooms, one with a shower, and a kitchen with a refrigerator and a stove. It also has a 12’ x 12’ drive-in door. The newer building has metal halide lights, and is stubbed out for 4 toilets and for air-conditioning.

There is gravel parking around each building. The property is 232 feet wide and 375.8 feet long with 607 feet of street frontage. The property taxes for 2024 were $4,218.95. There is an adjacent vacant lot of 0.87+/- acres that is negotiable with the package sale. It has 164.2 feet of street frontage and is 232 feet deep. The property taxes on it for 2024 were $171.67. The furniture and wall decorations inside the building are included in the building and land price of $399,000. There are over 200 pieces of equipment plus innumerable drill bits, chucks, clamps, cutters, dies, hand tools, etc. priced at $935,000. The CNC and Manual Machine Shop/Welding/Fabrication business itself, including inventory, but not the present accounts recievables, is offered for sale at $1,656,000 (in conjunction with the land and buildings and the furniture and equipment for a total of $2,990,000).

Investment Highlights

Strong three year average of $468,506 net operating income.

Owner is retiring but is willing to provide training.

Tax returns and other business details including clients available after non-disclosure & non-compete agreements signed.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
DL
Duke Loden PRO
•••.•••.9173
duke@••••••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Tupelo, MS.
Tupelo, MS median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Tupelo, MS (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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