1/13

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1/13

Canton, MS 39046
Asking Price
$368K
Asset Type
Land
Class
Class B

What's Special

1/13 Canton, Mississippi, is situated within Madison County, positioned near the intersection of Highway 51 and Highway 16. The surrounding neighborhood is characterized by a mix of established industrial facilities and undeveloped acreage. The property offers logistical access to Central Mississippi via Interstate 55, which is located approximately three miles to the west. Local amenities include the historic Canton Square and proximity to the Nissan North America manufacturing plant, a primary economic driver for the region. The topography and zoning of this land parcel make it suitable for light industrial development, equipment storage, or distribution logistics. Potential tenants typically include regional freight operators, construction firms requiring yard space, or suppliers supporting the nearby automotive manufacturing sector. The site is positioned to accommodate specialized commercial builds or land-lease arrangements for businesses requiring proximity to major North-South transit corridors.

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NOI
$80,000
Cap Rate
21.73%
DSCR
3.66
Strong
Cash-on-Cash
52.65%
Monthly Payment
$1,821.282
Annual Cash Flow
$58,144.62

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