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I-20 Industrial with Yard, Scale, & Upside 300 N Newton Ave 91,800 SF Industrial Building Online Auction Sale Newton, MS 39345
Investment Highlights
- Nearly 92,000 square feet of industrial improvements provide the scale to support warehousing, manufacturing, distribution, or HQ operations.
- Immediate access to Interstate 20 places business among major Southeastern markets, including Jackson, Birmingham, Atlanta, and Dallas-Fort Worth.
- Light Industrial zoning accommodates a range of industrial uses, creating multiple paths for occupancy, redevelopment, or long-term value creation.
- Fenced and gated, the site offers flexibility for fleet parking, trailer storage, outside storage (IOS), equipment staging, or future expansion.
- Reinforced concrete construction delivers a durable industrial platform that would be increasingly costly to replicate in today's environment.
- Significant upside potential through modernization, lease-up, owner-occupancy, or repositioning to meet operational or investment objectives.
Executive Summary
Offered at absolute auction, 300 N Newton Avenue presents a unique opportunity to acquire a 91,800-square-foot industrial facility strategically positioned in East Mississippi, one hour from Jackson and only 2 miles from Interstate 20. Buyers have the opportunity to acquire a large-scale industrial asset with substantial warehouse space, excess land, and multiple avenues for value creation, including owner-occupancy and modernization, redevelopment, leasing, and outdoor storage (IOS).
Built in 1965 with robust reinforced concrete construction, the facility encompasses approximately 69,300 square feet on the main level and 22,500 square feet on the lower level. Existing features include a well-lit, air-conditioned warehouse floor, approximately 12- to 15-foot clear heights, two dock-high doors, and one drive-in bay, providing the infrastructure needed to support a variety of industrial operations.
Situated on approximately 5.90 acres, the property benefits from a fenced and gated yard with room for fleet parking, trailer storage, outside storage (IOS), equipment staging, or future expansion. Combined with L1 (Light Industrial) zoning, the site offers flexibility for a range of industrial and commercial uses and creates multiple paths to value creation.
Investors and owner/users will appreciate the property's significant upside potential through capital improvements, lease-up strategies, redevelopment, or headquarters conversion. Facilities of this size are increasingly difficult to replace at today's construction costs, making the asset particularly attractive for buyers seeking a cost-effective industrial footprint with room to grow.
Located at the crossroads of Interstate 20 and Highway 15, Newton continues to benefit from its strategic position within the Southeast logistics network. Mississippi's low cost of doing business, affordable real estate, and competitive labor costs have helped attract industrial users seeking lower occupancy costs than larger regional distribution markets. Recent announcements involving new distribution operations taking over the former La-Z-Boy warehouse on nearby Scanlan Street demonstrate continued demand for Newton as a logistics and warehousing location.
With convenient access to Meridian Regional Airport (MEI), Jackson-Medgar Wiley Evers International Airport (JAN), and major Southeastern markets including Jackson, Birmingham, Atlanta, and Dallas-Fort Worth via Interstate 20, 300 N Newton Avenue represents a compelling opportunity to acquire a dynamic industrial asset with substantial value-add upside for investors or operators.
Property tours are by appointment only. Please contact the listing broker to schedule.
Built in 1965 with robust reinforced concrete construction, the facility encompasses approximately 69,300 square feet on the main level and 22,500 square feet on the lower level. Existing features include a well-lit, air-conditioned warehouse floor, approximately 12- to 15-foot clear heights, two dock-high doors, and one drive-in bay, providing the infrastructure needed to support a variety of industrial operations.
Situated on approximately 5.90 acres, the property benefits from a fenced and gated yard with room for fleet parking, trailer storage, outside storage (IOS), equipment staging, or future expansion. Combined with L1 (Light Industrial) zoning, the site offers flexibility for a range of industrial and commercial uses and creates multiple paths to value creation.
Investors and owner/users will appreciate the property's significant upside potential through capital improvements, lease-up strategies, redevelopment, or headquarters conversion. Facilities of this size are increasingly difficult to replace at today's construction costs, making the asset particularly attractive for buyers seeking a cost-effective industrial footprint with room to grow.
Located at the crossroads of Interstate 20 and Highway 15, Newton continues to benefit from its strategic position within the Southeast logistics network. Mississippi's low cost of doing business, affordable real estate, and competitive labor costs have helped attract industrial users seeking lower occupancy costs than larger regional distribution markets. Recent announcements involving new distribution operations taking over the former La-Z-Boy warehouse on nearby Scanlan Street demonstrate continued demand for Newton as a logistics and warehousing location.
With convenient access to Meridian Regional Airport (MEI), Jackson-Medgar Wiley Evers International Airport (JAN), and major Southeastern markets including Jackson, Birmingham, Atlanta, and Dallas-Fort Worth via Interstate 20, 300 N Newton Avenue represents a compelling opportunity to acquire a dynamic industrial asset with substantial value-add upside for investors or operators.
Property tours are by appointment only. Please contact the listing broker to schedule.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Floor Plan
- Purchase Agreement
- Survey
- Title and Insurance
Property Facts
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Demographics
Regional Accessibility
City
Population
Miles
Drive Time
Memphis
650,618
234
4 h 54 m
Nashville
669,053
364
6 h 37 m
Dallas
1,345,047
463
8 h 20 m
Houston
2,325,502
481
9 h 11 m
Fort Worth
895,008
502
9 h 9 m
Jacksonville
903,889
568
10 h 36 m
Access and Labor Force
10 Miles
Total Population
12,223
Total Labor Force
4,852
Unemployment Rate
2.78%
Median Household Income
$46,161
Warehouse Employees
1,371
High School Education Or Higher
86.40%
$ values in USD
Sale Advisors
Sale Advisors
Jeff Speed, President
Jeff Speed is one of Mississippi’s top most respected commercial real estate agents. His passion in the real estate industry began in 2002 when he earned his salesperson license, broker’s license in 2005 and CCIM designation in 2008. After many successful years with a local brokerage company, Jeff started Speed Commercial Real Estate in 2009. Speed Commercial Real Estate has quickly become a leader in the management, leasing and selling of commercial real estate assets in the Metro Jackson area.
Jeff has built his career on a reputation that includes honesty, discretion and the philosophy that each and every client deserves personal attention and commitment. Jeff’s intimate area knowledge, industry contacts and resources are among some of his most unique assets giving him the ability to service his clients with excellence and detail. Jeff has a unique talent for balancing patience and persistence in all levels of negotiations, achieving desired results. With his intense attention to detail and ability to analyze quickly, he understands his clients’ needs rapidly and accomplishes them.
Jeff prides himself on the great relationships that he has built with his individual repeat clients over the many years. Jeff has sold and leased over 1 billion in commercial real estate transactions during his tenure as owner of Speed Commercial Real Estate. Jeff currently manages a multi-client portfolio in excess of two million square feet of commercial space.
Jeff has been involved with several community activities including the Metro Chamber, Rankin County Chamber, City of Ridgeland Chamber, Madison County Chamber and Downtown Jackson Partners. He also served on boards for the MS Chapter of CCIM as President.
Jeff has built his career on a reputation that includes honesty, discretion and the philosophy that each and every client deserves personal attention and commitment. Jeff’s intimate area knowledge, industry contacts and resources are among some of his most unique assets giving him the ability to service his clients with excellence and detail. Jeff has a unique talent for balancing patience and persistence in all levels of negotiations, achieving desired results. With his intense attention to detail and ability to analyze quickly, he understands his clients’ needs rapidly and accomplishes them.
Jeff prides himself on the great relationships that he has built with his individual repeat clients over the many years. Jeff has sold and leased over 1 billion in commercial real estate transactions during his tenure as owner of Speed Commercial Real Estate. Jeff currently manages a multi-client portfolio in excess of two million square feet of commercial space.
Jeff has been involved with several community activities including the Metro Chamber, Rankin County Chamber, City of Ridgeland Chamber, Madison County Chamber and Downtown Jackson Partners. He also served on boards for the MS Chapter of CCIM as President.
David Mosal II CCIM, Vice President
David Mosal serves as Executive Vice President of Speed Commercial Real Estate. As a commercial real estate service firm, Speed Commercial’s platform of services is strategically aligned with our clients’ goal of maximizing the value of real estate within the format of a single-source services company. With over 15 years of Real Estate experience, David’s primary focus has been on project leasing, brokerage and investment sales. David specializes in property turnarounds and value maximization through increased leasing and creative deal structuring. Mr. Mosal has a broad scope of experience ranging from Landlord representation to the disposition and acquisition of all property types. He has additional experience in corporate services leasing representation and real estate consultation. David is an expert at analyzing properties and the market in order to target the proper Tenant types and the accurate Tenant footprints in order to accelerate lease volume. He has an extensive construction and development background, which helps to keep construction costs down during Tenant Improvements and helps to prevent unforeseen problems. His extensive property management background guides him during lease negotiations to help alleviate problems with lease terms during Tenant occupancies.
A Jackson native, he is a graduate of Mississippi State University with a Bachelor’s of Science degree and was also a member of the Sigma Chi Fraternity. He is an active member of the Mississippi Commercial Association of Realtors and a Certified Commercial Investment Member(CCIM) and currently sits as the active Treasurer of the Mississippi Chapter of CCIM.
In his spare time he enjoys spending time with his wife and 3 boys hunting, fishing and coaching them in baseball, football and basketball.
A Jackson native, he is a graduate of Mississippi State University with a Bachelor’s of Science degree and was also a member of the Sigma Chi Fraternity. He is an active member of the Mississippi Commercial Association of Realtors and a Certified Commercial Investment Member(CCIM) and currently sits as the active Treasurer of the Mississippi Chapter of CCIM.
In his spare time he enjoys spending time with his wife and 3 boys hunting, fishing and coaching them in baseball, football and basketball.
About the Auction Technology
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Auction Contact
Jameson Kuykendall
Contact
Auctioneer License:
Ten-X Arlene Richardson RE Brkr 202567. Ten-X Auction Firm 1474; Arlene Richardson Auctioneer 1677
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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I-20 Industrial with Yard, Scale, & Upside | 300 N Newton Ave
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