127 AC - Industrial Land in Marshall County

For Sale

US-72 & N Red Banks Rd, Mississippi 38611, MS 38611

This Mississippi 38611 property for sale is located at US-72 & N Red Banks Rd. Contact the listing broker for details on the current sale price for 127 AC - Industrial Land in Marshall County. 127 AC - Industrial Land in Marshall County is situated on a lot that is 127 square feet in size.

Contacts

broker

Andy Cates

Property Details

  • Property Type Other
  • Lot Size 127 SF
  • Additional Rent Contact for pricing
  • Date Updated Nov 15, 2024

This property is an excellent opportunity for a speculative industrial development. This site, currently zoned industrial, allows easy access to I-269 and other major roadways. Marshall County has become a major distribution submarket for the Memphis MSA. The completion of I-69, joining I-22, Hwy. 72 and Hwy. 302, has changed distribution patterns that have shaped the dynamics of industries seeking a competitive advantage in the Memphis market. With players including Pepsi, Barrett Distribution, Milwaukee Tool, Niagara, McCormick, Nike, Asics and Exel expanding their distribution presence, the area is poised for continued growth and offers an excellent option for industrial uses.  
The Marshall County submarket consists of 19.6 million square feet of Class A product with a current vacancy rate of 11.8%. During the past five years, Marshall County has expanded its industrial portfolio with  approximately 12 million square feet of new Class A product. Developers completed 3.8 million square feet of BTS product over recent years, including Kellogg, Hamilton Beach, Milwaukee Tool, Baxter and Corelle Brands.

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Location

  • City Mississippi 38611, MS
  • Neighborhood Mount Pleasant
  • Zip Code 38611
  • Market Memphis

Points of Interest

  • Exxon

    3.32 miles

  • Son's Exxon

    7.06 miles

  • Valero

    9.99 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Andy Cates