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This Retail Property is no longer advertised on LoopNet.com.
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
| Parcel Number | 37-06-900-00-03003 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $71,313 |
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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