Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5563 Hwy 145 Shannon, MS 38868-9351

    • Retail space
    • 11,250 SF
    • 6.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 29, 2021
    $64,700
    Location Intelligence
    Property ID
    US50-0696137
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 5563 Hwy 145

    Year built
    2002
    Lot size
    6.00 lot acres
    Property size
    11,250 SF
    Property type
    Retail space
    APN
    1310-01-005-02
    APU
    13100100502

    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
    -88.7205
    Latitude
    34.1549
    CBSA code
    46180
    CBSA name
    TUPELO, MS MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,711
    $0.00
    $0.00
    $53,237
    -
    $70,000
    $284,910
    $354,910

    Comparable in this City

    • 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
    • Value Estimation by Request
      2,232 SF

      Shannon, MS 38868

      RETAIL STORES (PERSONAL SERVICES) • 2,232 SF
      Shannon, MS 38868
      View Details
    • Value Estimation by Request
      3,500 SF

      624 Old Hwy, Unit 45

      RETAIL STORES (PERSONAL SERVICES) • 3,500 SF
      624 Old Hwy, Shannon, MS 38868
      View Details
    • Value Estimation by Request
      2,880 SF

      200 Bynum Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,880 SF
      200 Bynum Ave, Shannon, MS 38868-8613
      View Details

    Similar Nearby 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

      Shannon, MS Industrial Warehouse

      43,000 SF Warehouse - Excellent Location
      103 Ella Ave, Shannon, MS 38868
      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
    • $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
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5563 Hwy 145
    Shannon, MS 38868-9351
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.