Commercial Warehouse
794 E Main Tupelo, MS 38804
794 E Main, Tupelo, MS, 38804
$699,900
For Sale
$699,900
COMMERCIAL - Tupelo, MS
Property Size5,800 SF
Price / SF$120.67
Days on Market22
Property Features for 794 E Main
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- Size
- 5,800 SF
Taxes and HOA fees
- Tax Description
- Bk 2022 Page 012685
- Tax Annual Amount
- 15016
Building Details
- Year built
- 2000
- Floors in Building
- 1
Listing Agency
TM REALTORS
(662) 842-3844
210 E Main St., Tupelo, MS
Listed by
Kevin Knight · License #S48856
(662) 401-2913
Added: Jun 30 Checked: Jul 21 at 12:06 am
MLS# 26-242
Copyright © 2026 Northeast Mississippi Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial warehouse building is offered for sale and totals 5,800 square feet. The property is identified as “Warehouses” / “Other warehouses” within commercial real estate.
The asset is located at 794 E Main in Tupelo, Mississippi 38804, within Lee County. The listing is designated with Commercial zoning, supporting a range of commercial activity consistent with that classification.
For buyers seeking a straightforward warehouse-style asset, this property provides a contained footprint within a commercially zoned envelope. Its size and warehouse designation may fit tenants or owners looking for practical space for storage or related light commercial operations. Interested parties should review the zoning and specific intended use requirements directly with the appropriate local authorities prior to occupancy.
The asset is located at 794 E Main in Tupelo, Mississippi 38804, within Lee County. The listing is designated with Commercial zoning, supporting a range of commercial activity consistent with that classification.
For buyers seeking a straightforward warehouse-style asset, this property provides a contained footprint within a commercially zoned envelope. Its size and warehouse designation may fit tenants or owners looking for practical space for storage or related light commercial operations. Interested parties should review the zoning and specific intended use requirements directly with the appropriate local authorities prior to occupancy.
Key Highlights
- Fully furnished with fixtures, displays, security, and safes, ready for immediate start‑up.
- Recently renovated commercial location in East Tupelo.
- Previously operated as a licensed dispensary (2022‑current).
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.0k | $9.48 |
| − Vacancy | −$3.7k | −$0.64 |
| EGI | $51.2k | $8.84 |
| − OpEx | −$7.7k | −$1.33 |
| NOI | $43.6k | $7.51 |
5,800 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$622.3K
$544.5K – $726.0K
NOI $43,558 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$953.1K – $1.27M
NOI $76,248 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Noah's Ark Daycare ...
High School
Cultivated Wellness Dispensary ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Palmer's Mini Storage — 1005 E Main St, Tupelo, MS 38804
- Self-Storage at U-Haul — 1207 E Main St, Tupelo, MS 38804
- Undercover Storage — 626 Commerce St, Tupelo, MS 38804
FAQs
What type of property is this?
Warehouse - Commercially zoned warehouse building suited for storage and light commercial uses in Tupelo, MS.
Where is this warehouse located?
The property is located at 794 E Main Tupelo, MS.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Fully furnished with fixtures, displays, security, and safes, ready for immediate start‑up.; Recently renovated commercial location in East Tupelo.; Previously operated as a licensed dispensary (2022‑current).
