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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
Features
0
Address
US
MS
Sledge
Quitman
38670
Quitman
600
Street
W91° 46' 34.3''
N34° 26' 1.7''
Property Details
Northwest Mississippi
Landhawk Realty, Llc
Molly M Hawkins
Commercial
No
0
No
: Metal
hawkinsm
$0
$3,503
2022
Metes And Bounds
$0
$0
$0
$0
$0
$5
: Electricity Connected

Rental For Sale

600 Quitman Street, Sledge, Mississippi 38670

6.50 Acre
$1,330,000
Listing ID #4064283
Basic Details
Property Type : Rental
Listing Type : For Sale
Listing ID : 4064283
Price : $1,330,000
Year Built : 1985
Lot Area : 6.50 Acre
Days On Market : 0
Property Sub-Type : Special Purpose
Status : Active
Baths - Full : 0
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