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    Property profile & analytics

    Hwy 45 Shannon, MS 38868

    • Warehouses
    • 100,000 SF
    • 29.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 27, 2020
    Location Intelligence
    Property ID
    US50-0683193
    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

    • Warehouses

    Property Details for Hwy 45

    Year built
    2021
    Lot size
    29.00 lot acres
    Property size
    100,000 SF
    Property type
    Warehouses
    APN
    1430-05-044-00
    APU
    14300504400

    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
    -88.6991
    Latitude
    34.1573
    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
    $73,472
    $0.00
    $0.00
    $684,923
    -
    $345,000
    $4,221,150
    $4,566,150

    Comparable in this City

    • Value Estimation by Request
      5,000 SF

      Shannon, MS 38868

      WAREHOUSE, STORAGE • 5,000 SF
      Shannon, MS 38868
      View Details
    • Value Estimation by Request
      2,040 SF

      576 Romie Hl Ave

      WAREHOUSE, STORAGE • 2,040 SF
      576 Romie Hl Ave, Shannon, MS 38868-8765
      View Details
    • Value Estimation by Request
      60,000 SF

      City Pt Rd

      WAREHOUSE, STORAGE • 60,000 SF
      City Pt Rd, Shannon, MS 38868
      View Details
    • Value Estimation by Request
      110,400 SF

      231 Laney Rd

      WAREHOUSE, STORAGE • 110,400 SF
      231 Laney Rd, Shannon, MS 38868-9354
      View Details
    • Value Estimation by Request
      43,000 SF

      103 Ella Ave

      Distribution properties • 43,000 SF
      103 Ella Ave, Shannon, MS 38868
      View Details
    • Value Estimation by Request
      2,200 SF

      Hwy 45

      WAREHOUSE, STORAGE • 2,200 SF
      Hwy 45, 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
    • $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
    • $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
    • $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
    • 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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    Hwy 45
    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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