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Property profile & analytics
FOR SALE
Manufacturing properties

61312 Highway 278 Amory, MS 38821

10.5 ac lot
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US50-1805729
Property summary
AI-generated overview

This expansive retail property, located at 61312 Hwy 278 in Amory, Mississippi, offers 179,506 square feet of commercial space. Built in 1968, the property sits on a substantial 12.8-acre lot, providing ample room for expansion or additional development. The building boasts 18 dock doors, facilitating efficient loading and unloading operations. Parking is readily available with 25 standard car parking spaces and 32 trailer parking spaces, ensuring convenient access for customers and employees. The property is equipped with 3-phase power, catering to the needs of various businesses. Its prime highway location in Monroe County, Mississippi, zip code 38821 (latitude 33.9450534, longitude -88.414005), ensures high visibility and accessibility for a wide customer base. This substantial property presents a significant opportunity for investors and businesses seeking a large-scale retail presence in a well-established area. The property is currently for sale and offers a unique chance to acquire a well-positioned commercial asset with significant potential. The combination of size, location, and features makes this an attractive investment opportunity.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Lot 10.5 ac (457,380 SF)
APN 3120-10-000-037.01
UPID US50-1805729
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
United Furniture Industries INC · 8 yrs held
United Furniture Industries INC
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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