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1011 E School Ave
Shelby, MS 38774
$1 Auction-REIT Sale | Fmr Family Dollar Tree · Retail Property For Sale

Investment Highlights

  • ABSOLUTE $1 AUCTION | Former Family Dollar & Dollar Tree | 2022 Built | AUCTION DECEMBER 15-17
  • Built in 2022; Former Family Dollar & Dollar Tree Combo Store with Open Floor, Rear Storage Room, and Side Door for Deliveries
  • Hard Corner with 1,204 VPD Traffic Counts on School Ave (Hwy 32) and Near US Hwy 61 Intersection with Traffic Counts of ±6,472 VPD
  • 10,765 SF Freestanding Value-Add Retail on 0.991 Acres Available at Substantial Discount Below Replacement Cost
  • Surrounding Traffic Generators: Dollar General, Middle School, City Hall, Shelby Water Dept, and more
  • No Zoning, Allowing for a Variety of Redevelopment or Alternative Commercial Uses

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
10,765 SF
Building Class
C
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.99 AC
Zoning
C-2 - Commercial
Parking
32 Spaces (2.97 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
37-06-900-00-03003
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$71,313
  • Listing ID: 38220511

  • Date on Market: 10/26/2025

  • Last Updated:

  • Address: 1011 E School Ave, Shelby, MS 38774

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