61312 Highway 278 Amory, MS 38821
For Sale
1 / 5
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.