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    103 Ella Dr Shannon, MS 38868

    • Commercial real estate
    • 2.80 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 103 Ella Dr

    Lot size
    2.80 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional commercial property located at 103 Ella Dr., Shannon, MS, presents a significant investment opportunity. The property encompasses a substantial 2.8-acre lot and features a 43,000 square foot warehouse constructed of insulated corrugated metal. The warehouse boasts multiple interconnected buildings, offering flexibility for various business needs. Noteworthy features include impressive ceiling heights, reaching up to 36 feet at the eave and a remarkable 46 feet at the center. This generous height provides ample vertical space for storage or specialized equipment. The property is equipped for robust operations with a 480-volt, 3-phase, 600-amp electrical service, ensuring sufficient power for demanding applications. Heating is provided by a gas system, and ventilation is facilitated by strategically placed fans. Detailed building plans are available upon request, providing a comprehensive understanding of the layout and internal structure. The property's size, power capacity, and high ceilings make it ideally suited for a wide range of commercial uses, from warehousing and distribution to light manufacturing and industrial operations. The asking price is $950,000. This is a rare opportunity to acquire a substantial and well-equipped commercial property in a desirable 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
    -88.6818
    Latitude
    34.1092

    Comparable in this City

    • Value Estimation by Request
      0.26 Acres

      126 Broad St

      Manufacturing properties • 6,600 SF
      126 Broad St, Shannon, MS 38868
      View Details
    • Value Estimation by Request
      0.75 Acres

      Shannon, MS 38868

      PROFESSIONAL BUILDING • 0.75 Acres
      Shannon, MS 38868
      View Details
    • Value Estimation by Request
      336 SF

      Shannon, MS 38868

      OFFICE BUILDING • 336 SF
      Shannon, MS 38868
      View Details
    • Value Estimation by Request
      1,200 SF

      Shannon, MS 38868

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      Shannon, MS 38868
      View Details
    • Value Estimation by Request
      2,100 SF

      Shannon, MS 38868

      RETAIL STORES (PERSONAL SERVICES) • 2,100 SF
      Shannon, MS 38868
      View Details
    • Value Estimation by Request
      8,050 SF

      Shannon, MS 38868

      RETAIL STORES (PERSONAL SERVICES) • 8,050 SF
      Shannon, MS 38868
      View Details

    Similar Nearby for Sale

    • $950,000
      43,000 SF

      Shannon, MS Industrial Warehouse

      43,000 SF Warehouse - Excellent Location
      103 Ella Ave, Shannon, MS 38868
      View Details
    • $310,000
      53.00 Acres

      Shannon, MS Pasture Land

      53 acres of pasture land in Shannon, Mississippi.
      County Road 154, Pine Grove, MS 38868
      View Details
    • Contact for pricing
      Pending

      Shannon, MS Subdivision Lots

      24 subdivision lots for sale in Shannon, Lee County.
      24 Simmons Dr, Shannon, MS 38868
      View Details
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    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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