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600 Quitman Street

Sledge, MS 38670
  • $1,330,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 4064283
UPDATED: 216 min ago
$1,330,000
  • 0
    BEDS
  • 6.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 283,140
    SQFT
  • $5
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1985
County:
Area:

School Ratings & Info

Description

Located 25 miles east of the Mississippi River, this newly-updated facility is especially convenient for transport to the river on Highway 315. The facility has been extensively reworked with two drive-over systems with 10'' grain pumps for a total of 5,600/bushels per hour. The prior inefficient spider-style system was removed, and the new system has over three times the unloading speed of the previous one.The entire property has been improved recently, and the only original parts remaining are the shells of the grain bins and the surrounding chain-link fence. All of the wiring and electric system has been overhauled with new panels, new breakers, and underground electricity. There are all new grain pumps, augers, floors, and stands --- 22 1/2 degree pipe for unloading - multiple new doors - and almost all fans have been replaced or overhauled. The bins have 100% full for the current year and will hold 300,000 to 330,000 bushels at maximum capacity. All bins are rented, and total revenue is $113K per year gross, with space for additional bins and income. The seller is considering moving to a single tenant triple net lease in 2024.Annual Taxes - $3,502

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Information is deemed to be reliable but not guaranteed. Copyright 2023 MLS United, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Burch Realty Group, LLC. Data last updated: 2023-12-10T23:57:31.8.
www.desotoviphomes.com/homes/145335865
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600 Quitman Street Sledge, MS 38670

  • Price: $1,330,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 216 min ago
  • MLS #: 4064283
0
Beds
0
Baths
0
½ Baths
6.5
Acres
283,140
SQFT
$5
$/SQFT
1985
Built
Neighborhood:
Metes And Bounds
County:
Quitman
Area:
Sledge
Property Description
Located 25 miles east of the Mississippi River, this newly-updated facility is especially convenient for transport to the river on Highway 315. The facility has been extensively reworked with two drive-over systems with 10'' grain pumps for a total of 5,600/bushels per hour. The prior inefficient spider-style system was removed, and the new system has over three times the unloading speed of the previous one.The entire property has been improved recently, and the only original parts remaining are the shells of the grain bins and the surrounding chain-link fence. All of the wiring and electric system has been overhauled with new panels, new breakers, and underground electricity. There are all new grain pumps, augers, floors, and stands --- 22 1/2 degree pipe for unloading - multiple new doors - and almost all fans have been replaced or overhauled. The bins have 100% full for the current year and will hold 300,000 to 330,000 bushels at maximum capacity. All bins are rented, and total revenue is $113K per year gross, with space for additional bins and income. The seller is considering moving to a single tenant triple net lease in 2024.Annual Taxes - $3,502
Exterior Features

Roof Metal

Interior Features

Office Square Footage 900.00

Property Features

Accessibility Features YN No Auction No Business Type AgricultureSpecial PurposeStorage Commercial Features 220 Volt PowerSee Remarks Community Of N/A Current Use AgriculturalSee RemarksWarehouse Divisible No Electricity Features Three Phase Flood Insurance Required No Leasehold YN No Listing Terms 1031 ExchangeCashConventional Location PavedRural New Construction No Price Includes All Equipment Property Sub Type Special Purpose Tax Annual Amount 3503.00 Tax Year 2022 Utilities Electricity Connected Zoning Commercial

Listing information © 2023 MLS United.
Listing provided courtesy of Molly Hawkins of Landhawk Realty, Llc: (662) 609-8455.



Information is deemed to be reliable but not guaranteed. Copyright 2023 MLS United, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Burch Realty Group, LLC. Data last updated: 2023-12-10T23:57:31.8.
 
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Burch Realty Group, LLC
1139 Holly Springs Rd
Hernando MS, 38632