369 Enterprise Drive
Batesville, MS, 38606 $ 2,500,000
Bedrooms-- Baths-- Sq 18,500 Monthly Estimate*
$ 15,597
for $2,500,000. This 18,500 square foot building was built in 2023 on a lot size of 2.
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.
See more
FeaturesInteriorInterior Amenities See Remarks
Flooring Concrete
Basement (Y/N) N
Fireplace Y/N N
Total Baths 0
See more
GeneralRoof Metal
Construction Materials Metal Siding
Year Built 2023
Levels One
Property Subtype Other
Tax Year 2023
Current Use Vacant
Business Type Agriculture Industrial Special Purpose Warehouse Other
County Panola
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Commercial Industrial Retail Warehouse Other Manufacturing
Garage Y/N N
Status Active
Directions 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.
City Batesville
Zoning Description C1
Lot Size Units Acres
Lot Size Square Feet 87120.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 10717.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/369-Enterprise-Drive-Batesville-MS-38606--4096819/unbranded
Structure Type See Remarks
Standard Status Active
Year Built Source Assessor
Legal Description 1.7 Acc Pt Ne 1/4 Se 1/4 and 0.3 Acc Pt W1/2 Nw1/4 Sw1/4
Senior Community None
See more
ExteriorLot Size Area 2.0
Spa N
Building Area Total 18500.0
Lot Dimensions 2 acres
Lot Size Acres 2.0
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
* Excluded FeaturesList ByMolly M HawkinsListing Agent
Landhawk Realty, LlcBroker
mollymhawkins@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,597
- Monthly Property Taxes
- $893
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Batesville, MS
Average List Price $593,167
Percent of Sale Price 76%
About Batesville, MS 7,221 Population
-4% Since 2002
$ 48,653 Median Income
34.63 Median Age
36% Households with Children
Trends Information provided by ATTOM Data Solutions.
1580642 Elementary School
1580615 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/14/2025 | $2,500,000 | -10.71% | Price Down |
| 9/5/2025 | $2,800,000 | -13.85% | Price Down |
| 4/17/2025 | $3,250,000 | -5.80% | Price Down |
| 11/15/2024 | $3,450,000 | | Listed Price |