103 Ella Ave Shannon, MS 38868
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.