Building Details

Year Built 1963

Building Size 18,653 SF

Tenancy Multi

Listing Agency: TM REALTORS

Listed By: JAMES RILEY HUNTER, SR · License #15556 Show Phone

Source: Propertiesnorthms

Added: Sep 30 Changed: Oct 12 Last Checked: Oct 12 at 8:01PM

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Investment Insights

Based on property information with market context.

The 18,653-square-foot commercial property occupies a 3-acre site and combines 13,163 square feet of retail and showroom space with a 5,490-square-foot warehouse extension. Built in 1963, the facility is offered for multi-tenant NNN leasing and is zoned C-1.

Highway 145 and US-45 provide access to north-south regional routes.

Key Highlights

• 18,653‑square‑foot commercial facility on a 3‑acre lot
• 13,163 square feet of retail and showroom space
• 5,490‑square‑foot warehouse extension

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Building Supply Garden Center Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Yes

Highway access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

82

Businesses Nearby

Explore this area Business Placement

Demographics for 38868, MS

4,905

Population

2,240

Households

2.2

Avg Household Size

42

Median Age

22%

College-Educated

88%

High-School Grad

73.1 sq mi

ZIP Area

67

Density / Sq Mi

$52,985

Median Household Income

$39,077

Median Earnings

$850

Median Rent

$138,600

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

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mixed-use property - C-1-zoned commercial space combines customer-facing retail and showroom areas with a warehouse component.

Where is this mixed-use property located?

The property is located at 616 Romie Hill Ave Shannon, MS.

What is the lease rate?

The lease rate is $12,435/Mo.

What are key features of this property?

This property features: 18,653‑square‑foot commercial facility on a 3‑acre lot; 13,163 square feet of retail and showroom space; 5,490‑square‑foot warehouse extension