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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
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.