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    11150 Highway 363 Mantachie, MS 38855

    For Sale
    $1,893,934

    NNN leased property with long term tenant and rental increases.

    Property size:
    10,566 SF
    Lot size:
    25.29 Acres

    Property Features for 11150 Highway 363

    General Information

    Size
    10,566 SF
    Lot size
    25.29 Acres

    Source: Randall Commercial Group Agent Brian Phillips

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway Frontage NNN Investment Opportunity

    This property features a 15-year, NNN lease with 5% rental increases every 5 years during the initial term and renewal options. The estimated delivery date is September 2025. The property is located on Highway 363 between Mantachie and Saltillo. Mantachie is part of the Tupelo MSA. Tupelo is a manufacturing hub for furniture and automobiles. The property size is 10,566 square feet.
    Location Intelligence

    Current Use by Public Records

    NNN properties

    Map

    City
    Mantachie
    County
    Itawamba
    State
    Mississippi
    Longitude
    -88.533783
    Latitude
    34.386241

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    FAQs

    What type of property is this?
    NNN property - NNN leased property with long term tenant and rental increases.
    Where is this nnn property located?
    The property is located at 11150 Highway 363 Mantachie, MS.
    What is the asking price?
    The asking price for this property is $1,893,934.
    What are key features of this property?
    This property features: - 15-year, NNN Lease; - Enjoy 5% rental increases every 5-years; - Located on Hwy 363 between Mantachie and Saltillo
    (662) 638-0722
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    11150 Highway 363 Mantachie, MS 38855
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11150 Highway 363 Mantachie, MS 38855
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