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Mixed-Use Property with Warehouse
New
For Lease
$12,435/Mo NNN

616 Romie Hill Ave, Shannon, MS 38868

Commercial Lease, Shannon, MS

Space SizeContact for details
Property Size18,653 SF
Lot Size3.00 Acres
Days on Market6

Property Features for 616 Romie Hill Ave

General Information

Property type Commercial Lease
Property subtype Other
Subdivision Southwest Lee
Standard status Active
Size 18,653 SF
Lot size 3.00 Acres

Taxes and HOA fees

Tax Description Book 2024 Pg 00173
Legal Description Book 2024 Pg 00173

Building Details

Year built 1963
Floors in Building 1
Listing Agency: TM REALTORS
Listed By: JAMES RILEY HUNTER, SR · License #15556
Added: Oct 2 Changed: Oct 5 Last Checked: Oct 7 at 9:06AM
MLS# 26-3726

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 18,653-square-foot mixed-use facility occupies a 3-acre parcel and was built in 1963. Its configuration includes approximately 13,163 square feet of retail and showroom area, with a 5,490-square-foot warehouse section. The property is zoned C-1 and is offered for multi-tenant NNN leasing.

Highway 145 and US-45 provide connections to regional north-south routes. The retail/showroom and warehouse components are combined within one commercial property.

Key Highlights

  • 18,653‑square‑foot facility on a 3‑acre parcel
  • Approximately 13,163 square feet of retail and showroom area
  • 5,490‑square‑foot warehouse section

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Mixed-use property - Retail and showroom areas connect with warehouse space in a multi-tenant property offered on NNN lease terms.
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 facility on a 3‑acre parcel; Approximately 13,163 square feet of retail and showroom area; 5,490‑square‑foot warehouse section
More about this property
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