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    61312 Highway 278 Amory, MS 38821

    Sponsored
    For Sale
    Contact for pricing

    Large Retail Space, High Visibility, MS

    Property size:
    179,506 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This expansive retail property, located at 61312 Hwy 278 in Amory, Mississippi, offers 179,506 square feet of commercial space. Built in 1968, the property sits on a substantial 12.8-acre lot, providing ample room for expansion or additional development. The building boasts 18 dock doors, facilitating efficient loading and unloading operations. Parking is readily available with 25 standard car parking spaces and 32 trailer parking spaces, ensuring convenient access for customers and employees. The property is equipped with 3-phase power, catering to the needs of various businesses. Its prime highway location in Monroe County, Mississippi, zip code 38821 (latitude 33.9450534, longitude -88.414005), ensures high visibility and accessibility for a wide customer base. This substantial property presents a significant opportunity for investors and businesses seeking a large-scale retail presence in a well-established area. The property is currently for sale and offers a unique chance to acquire a well-positioned commercial asset with significant potential. The combination of size, location, and features makes this an attractive investment opportunity.

    Property Features for 61312 Highway 278

    General Information

    Property type
    Retail properties
    Square Feet
    179,506 SF
    Lot Size
    557,568 SF

    Building Details

    Year Built
    1968

    HighLights

    • 179,506 SF retail building on a 12.8‑acre lot in Amory, MS.
    • 18 dock‑high doors.
    • Ample parking: 25 car spaces and 32 trailer spaces.
    • 3‑phase power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Pharmacy Food Market HVAC Service Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Amory
    County
    Monroe
    State
    Mississippi
    Longitude
    -88.414005
    Latitude
    33.9450534

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Retail property - Large Retail Space, High Visibility, MS
    Where is this retail property located?
    The property is located at 61312 Highway 278 Amory, MS.
    What are key features of this property?
    This property features: 179,506 SF retail building on a 12.8-acre lot in Amory, MS.; 18 dock-high doors.; Ample parking: 25 car spaces and 32 trailer spaces.
    Request Owner's contact information
    61312 Highway 278 Amory, MS 38821
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    Amory, MS 38821
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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
    61312 Highway 278 Amory, MS 38821
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