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    103 Ella Ave Shannon, MS 38868

    For Sale
    $950,000

    43,000 SF Warehouse - Excellent Location

    Property size:
    43,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This vacant 43,000 square foot industrial warehouse in Shannon, Mississippi, presents a compelling investment opportunity. Built in 1984 and renovated in 2021, the property features insulated corrugated metal construction with multiple connected buildings. Enjoy impressive clear ceiling heights, reaching up to 36 feet at the eave and 46 feet at the center. The warehouse boasts substantial power with 480-volt, 3-phase, 600-amp service, along with gas heat and ventilation fans. Detailed building drawings are available upon request. Strategically located just off State Highway 45, this property offers convenient access to major transportation routes, including State Highway 6W (6 miles) and Interstate 22 (12 miles). The property sits on a 2.8-acre lot and includes six dock-high doors. The asking price is $950,000, translating to $22.09 per square foot. The property's APN is 145U-21-085-01. This well-maintained warehouse is ready for immediate occupancy and offers significant potential for various industrial uses. Don't miss this chance to acquire a prime industrial asset in a thriving location.

    Property Features for 103 Ella Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    43,000 SF
    Lot Size
    121,968 SF

    Building Details

    Year Built/Renovated
    1984/2021

    HighLights

    • 43,000 SF vacant industrial warehouse in Shannon, MS.
    • Renovated in 2021 with insulated metal construction and multiple buildings.
    • High ceilings (36' eave, 46' center), 480‑volt 3‑phase 600‑amp power, gas heat, and ventilation.
    • Excellent location near MS Hwy 45, Hwy 6W (6 miles), and I‑22 (12 miles); 2.8‑acre lot.
    • Six dock‑high doors; $950,000 asking price ($22.09/SF); APN 145U‑21‑085‑01.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Wholesale Shop Auto Repair Shop Hotel & Motel Food Market Furniture Store Daycare Center Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Shannon
    County
    Lee
    State
    Mississippi
    Longitude
    -88.682052422891
    Latitude
    34.108237255942

    Nearby Comparable

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      Shannon, MS Multi-Family Property

      Four-unit residential income property in Shannon, Mississippi, all currently leased.
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    • $950,000
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      Industrial Warehouse in Shannon, MS

      43,000 SF industrial warehouse available for sale.
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    • $135,000

      Land For Sale Shannon, MS

      Land available for purchase in Shannon, Mississippi.
      175 Crk 520, Shannon, MS
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    • $40,000
      1.65 Acres

      Commercial Land on Highway 145

      1.65-acre commercial site with high visibility near Highway 45.
      Will Robbins Hwy, Nettleton, MS 38858
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    Nearby Similar for Sale

    • $165,000
      4,340 SF

      Multi-Family Property in Shannon, MS

      Multi-family property featuring three units under lease agreement.
      1006 Trice St, Shannon, MS 38868
      View Details
    • $950,000
      43,000 SF

      Industrial Warehouse in Shannon, MS

      43,000 SF industrial warehouse available for sale.
      103 Green Dr, Shannon, MS
      View Details
    • $220,000
      3,000 SF

      Shannon, MS Multi-Family Property

      Four-unit residential income property in Shannon, Mississippi, all currently leased.
      1012 Trice St, Shannon, MS 38868
      View Details

    FAQs

    What type of property is this?
    Distribution property - 43,000 SF Warehouse - Excellent Location
    Where is this distribution property located?
    The property is located at 103 Ella Ave Shannon, MS.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: 43,000 SF vacant industrial warehouse in Shannon, MS.; Renovated in 2021 with insulated metal construction and multiple buildings.; High ceilings (36' eave, 46' center), 480-volt 3-phase 600-amp power, gas heat, and ventilation.
    Request Owner's contact information
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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
    103 Ella Ave Shannon, MS 38868
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