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Casino Shoppes Redevelopment Opportunity
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13118 US-61, Mocarter, MS 38664

Redevelopment opportunity in a high-traffic tourist destination.

Property Size182,000 SF
Price / SF$37.36
Days on Market464

Property Features for 13118 US-61

General Information

Standard status Active
Size 182,000 SF
Class C
Property subtype Industrial
Zoning COM, RET, MAM
Occupancy 78%
Investment Type Owner/User

Building Details

Year Built 2000
Buildings 2
Stories 1
Units 38
Tenancy Multi
Listing Agency: Garciga Properties
Listed By: Randy Garciga · License #FL 7862631664
Source: Crexi
Added: May 16, 2025 Changed: Aug 14 Last Checked: Aug 19 at 9:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Garciga Properties

Investment Insights

Based on property information with market context.

Located 12 miles south of Memphis, TN, The Casino Shoppes offers a redevelopment opportunity in a popular tourist destination attracting over 8 million visitors annually. The property features a large existing retail footprint with infrastructure adaptable for alternative uses such as warehouse, light industrial, flex space, manufacturing, distribution, or storage. Ample parking fields are available, providing space for potential truck courts, loading bays, or additional development. Utilities are in place, supporting conversion to industrial or manufacturing use. The property is suitable for end users needing significant square footage and investors seeking value-add opportunities in a strong market with robust demographics and a skilled labor force. The property size is 182000 square feet.

Key Highlights

  • Prime redevelopment opportunity in a high‑traffic tourist destination with 8 million annual visitors.
  • Large existing retail footprint adaptable for various uses like warehouse, industrial, or flex space.
  • Excellent visibility and access, located 12 miles south of Memphis, TN.

Property Analytics

Current Use

Flex space

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby
Well-served
Demand for This Use

Demographics for 38664, MS

3,420
Population
1,720
Households
2
Avg Household Size
31
Median Age
9%
College-Educated
85%
High-School Grad
99.2 sq mi
ZIP Area
34
Density / Sq Mi
$35,840
Median Household Income
$32,101
Median Earnings
$1,029
Median Rent
$168,200
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Redevelopment opportunity in a high-traffic tourist destination.
Where is this flex space located?
The property is located at 13118 US-61 Mocarter, MS.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: Prime redevelopment opportunity in a high‑traffic tourist destination with 8 million annual visitors.; Large existing retail footprint adaptable for various uses like warehouse, industrial, or flex space.; Excellent visibility and access, located 12 miles south of Memphis, TN.
More about this property
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