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    6672 Terry Rd. Rd Terry, MS 39170

    For Sale
    $1,500,000

    Iconic Steakhouse, 1.9 Acres, High Earning Potential

    Property size:
    6,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    Wynndale SteakHouse, a highly successful restaurant in Terry, MS, is available for purchase. This established business boasts a 40+ year history of serving premium steaks in a picturesque country setting. The property includes a substantial 6,000-square-foot restaurant building situated on approximately 1.9 acres of land. Adding to the investment appeal is a separate 1,000-square-foot building currently leased, providing consistent rental income. The current owner is offering a smooth transition, including training, making this a truly turnkey operation. The restaurant enjoys a loyal customer base and a strong reputation for quality. This presents a unique opportunity for an investor to acquire a thriving business with significant earning potential. Furthermore, there's the potential to acquire an additional 10 or more acres of adjacent land, offering considerable expansion possibilities or alternative uses. This is a rare chance to own a beloved community landmark with a proven track record of success. The asking price for this exceptional opportunity is $1,500,000.

    Property Features for 6672 Terry Rd. Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,000 SF
    Lot Size
    82,764 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Terry
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.30012
    Latitude
    32.14417

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    FAQs

    What type of property is this?
    Commercial real estate - Iconic Steakhouse, 1.9 Acres, High Earning Potential
    Where is this commercial real estate located?
    The property is located at 6672 Terry Rd. Rd Terry, MS.
    What is the asking price?
    The asking price for this property is $1,500,000.
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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

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    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
    6672 Terry Rd. Rd Terry, MS 39170
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