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    13370 Highway 61 Robinsonville, MS 38664

    Sponsored
    For Sale
    $1,000,000

    Dual Income Streams: Restaurants & Apartments

    Property size:
    8,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 8,400 sq ft commercial property in Robinsonville, MS, presents a unique investment opportunity. Located on a 0.39-acre lot just minutes from local casinos and DeSoto County, it boasts two fully operational restaurants, each complete with a transferable liquor license, kitchen equipment, office space, and ample seating. Both restaurants are currently generating income and are equipped for immediate operation. The property also includes eight income-producing apartments situated upstairs: five studios and three one-bedroom units, all ready for tenants and contributing to a consistent rental income stream. The combination of established restaurant businesses and a stable apartment complex provides a diversified income portfolio, making this a rare and highly attractive investment. The property's strategic location near casinos and DeSoto County ensures high visibility and accessibility, maximizing its potential for growth and profitability. This turnkey operation offers immediate returns and significant long-term growth prospects. The property is priced at $1,000,000.

    Property Features for 13370 Highway 61

    General Information

    Property type
    Other commercial real estate
    Square Feet
    8,400 SF
    Lot Size
    16,988 SF

    Building Details

    Year Built
    2009
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Storage Facility Smoke and Vape Shop Cosmetics Store Shoe Store Farmer's Market Fish Market Bar & Pub Convenience Store Travel Agency Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Robinsonville
    County
    Tunica
    State
    Mississippi
    Longitude
    -90.27529
    Latitude
    34.83678

    Nearby Comparable

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    FAQs

    What type of property is this?
    Commercial real estate - Dual Income Streams: Restaurants & Apartments
    Where is this commercial real estate located?
    The property is located at 13370 Highway 61 Robinsonville, MS.
    What is the asking price?
    The asking price for this property is $1,000,000.
    (662) 510-8455
    Request Owner's contact information
    13370 Highway 61 Robinsonville, MS 38664
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    13370 Highway 61
    Robinsonville, MS 38664
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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
    13370 Highway 61 Robinsonville, MS 38664
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