369 Enterprise Drive, Batesville, MS 38606 (MLS# 4096819)
369 Enterprise Drive, Batesville, MS 38606
$2,500,000
Property Type:
Commercial Sale
Square Footage:
18,500
Lot Size (sq. ft.):
87,120
Status:
Active
Current Price:
$2,500,000
List Date:
11/15/2024
Last Modified:
11/13/2025
Description
Licensed Cannabis Cultivation Facility
** This 18,500 square foot facility sits on two acres conveniently located two minutes from I-55 and forty-five minutes south of Memphis, TN. The property offers excellent access in a fenced industrial park along with the area's UPS hub and is just one mile from the Panola County Airport-PMU.
** Another key location feature is that it's situated between the Panola County Sheriff's Department and Mississippi Highway Patrol Troop E, with less than a mile from each, providing an extra layer of security.
** Strategically designed for the commercial cultivation of medical cannabis, the property is equally suited for a hemp cultivation facility. The exterior walls are 10'' with 1-1/2'' of R-panel, 8'' studs, & 1/2'' of Trusscore. All interior walls are 4-7/8'' with exception to the wet wall between restrooms, which is 6-¾''. The demising walls separating cultivation areas from other areas are 9 inches with 8'' studs and ½'' Trusscore or drywall on each side.
** Although constructed with specific use in mind, the building is not yet finished for production, so it certainly has flexibility to be used for other industries, too. At the current stage, 8,500 square feet are finished to sheetrock and have wiring, plumbing, duct work, and an extensive drainage system in place.
** The facility was designed with dedicated office space, a reception area, break room, restrooms, and multiple flower rooms, along with rooms for fertigation, packaging, processing, and more. The AC All Grow Production cooling/Dehum equipment can be included along with Andem dehumidification equipment. Detailed cultivation plan sets and grow room build-out proposals are available. Additional equipment for production can also be included.
** Indoor production enables all environmental factors to be tightly controlled and will sustain numerous harvests throughout the year, so this facility is perfectly suited for the industry. At maximum capacity, the finished facility would have 5,000 square feet of canopy space and would be capable of producing 3,600 pounds of product annually.
** The facility already has a Tier 1 cultivator license and has the commercial/industrial zoning required to move forward with new ownership for completion.
More Information MLS# 4096819
Address and Location Information
Parcel Number: 1137-2600000-0000104
Directions to Property: From I-55, take exit 246 - North Batesville onto MS 35. Go east for one mile and then turn left onto Enterprise Drive. The property will be on the left.
Community Of: N/A
Street Number: 369
Street Name: Enterprise
Street Suffix: Drive
County: Panola
State: MS
Zip Code: 38606
Location
Airport 1 Mile or Less: 1
Paved: 1
See Remarks: 1
Listing Information
Listing Service: Full Service
Status: Active
List Date: 2024-11-14
List Price: $2,500,000
Current Price: $2,500,000
Property Sub Type: Other
General Property Information
Property Sub Type: Other
New Construction: No
Approx Lot Size Acres: 2
Lot Size Dimensions: 2 acres
SqFt Source: Assessor
List Price/SqFt: 135.14
Divisible: No
Year Built Source: Assessor
Total Floors: 1
Accessibility Features: No
Approx H/C SqFt: 18500
Year Built: 2023
Tax and Financial Information
Tax Annual Amount: 10717
Tax Year: 2023
Zoning: C1
Flood Insurance Required?: No
Leasehold Y/N: No
16th Section: No
Legal Description: 1.7 Acc Pt Ne 1/4 Se 1/4 and
0.3 Acc Pt W1/2 Nw1/4 Sw1/4
Remarks & Miscellaneous
Public Remarks: Licensed Cannabis Cultivation Facility
** This 18,500 square foot facility sits on two acres conveniently located two minutes from I-55 and forty-five minutes south of Memphis, TN. The property offers excellent access in a fenced industrial park along with the area's UPS hub and is just one mile from the Panola County Airport-PMU.
** Another key location feature is that it's situated between the Panola County Sheriff's Department and Mississippi Highway Patrol Troop E, with less than a mile from each, providing an extra layer of security.
** Strategically designed for the commercial cultivation of medical cannabis, the property is equally suited for a hemp cultivation facility. The exterior walls are 10'' with 1-1/2'' of R-panel, 8'' studs, & 1/2'' of Trusscore. All interior walls are 4-7/8'' with exception to the wet wall between restrooms, which is 6-¾''. The demising walls separating cultivation areas from other areas are 9 inches with 8'' studs and ½'' Trusscore or drywall on each side.
** Although constructed with specific use in mind, the building is not yet finished for production, so it certainly has flexibility to be used for other industries, too. At the current stage, 8,500 square feet are finished to sheetrock and have wiring, plumbing, duct work, and an extensive drainage system in place.
** The facility was designed with dedicated office space, a reception area, break room, restrooms, and multiple flower rooms, along with rooms for fertigation, packaging, processing, and more. The AC All Grow Production cooling/Dehum equipment can be included along with Andem dehumidification equipment. Detailed cultivation plan sets and grow room build-out proposals are available. Additional equipment for production can also be included.
** Indoor production enables all environmental factors to be tightly controlled and will sustain numerous harvests throughout the year, so this facility is perfectly suited for the industry. At maximum capacity, the finished facility would have 5,000 square feet of canopy space and would be capable of producing 3,600 pounds of product annually.
** The facility already has a Tier 1 cultivator license and has the commercial/industrial zoning required to move forward with new ownership for completion.
Current Use
Vacant: 1
Structure Type
See Remarks: 1
Possible Use
Commercial: 1
Industrial: 1
Manufacturing: 1
Retail: 1
Warehouse: 1
Other: 1
Business Type
Agriculture: 1
Industrial: 1
Special Purpose: 1
Warehouse: 1
Other: 1
Levels
One: 1
Commercial Features
Fiber Optic Available: 1
Showing Requirements
Showing: Appointment Required
Walls - Interior
Sheetrock: 1
See Remarks: 1
Square Footage Description
Industrial Bldg Over 5000 SF: 1
Warehouse 5000-20000 SF: 1
Flooring
Concrete: 1
Auction
Auction: No
Exterior Construction/Siding
Metal Siding: 1
Roof
Metal: 1
Basement Features
Basement: No
Price Includes
Some Equipment: 1
Available Documents
Aerial Survey: 1
Other: 1
Additional Transportation
Airport 1 Mile or Less: 1
State Highway: 1
Property Features
Business Type: Agriculture; Industrial; Special Purpose; Warehouse; Other
Current Use: Vacant
Possible Use: Commercial; Industrial; Manufacturing; Retail; Warehouse; Other
Commercial Features: Fiber Optic Available
Structure Type: See Remarks
Location: Airport 1 Mile or Less; Paved; See Remarks
Levels: One
Square Footage Description: Industrial Bldg Over 5000 SF; Warehouse 5000-20000 SF
Walls - Interior: Sheetrock; See Remarks
Flooring: Concrete
Roof: Metal
Additional Transportation: Airport 1 Mile or Less; State Highway
Price Includes: Some Equipment
Available Documents: Aerial Survey; Other
Documents
Listing Office:
Landhawk Realty, Llc
Listing Agent:
Molly M Hawkins
Last Updated: November - 13 - 2025
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.
property map ›