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    103 Ella Ave Shannon, MS 38868

    • Warehouses
    • 43,000 SF
    • 2.80 lot acres
    For Sale
    View listing
    $950,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 103 Ella Ave

    Year built
    1984
    Lot size
    2.80 lot acres
    Property size
    43,000 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shannon
    County
    Lee
    State
    Mississippi
    Longitude
    -88.6821
    Latitude
    34.1082

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      100,000 SF

      Hwy 45

      WAREHOUSE, STORAGE • 100,000 SF
      Hwy 45, Shannon, MS 38868
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    • Contact for pricing
      Pending

      Shannon, MS Subdivision Lots

      24 subdivision lots for sale in Shannon, Lee County.
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    103 Ella Ave
    Shannon, MS 38868
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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
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