You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate

419 Dr Martin Luther King Dr Ruleville, MS 38771

5,000 SF 2.19 ac lot Built 2018
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 419 E Dr Martin Luther King Drive in Ruleville, Mississippi, presents a lucrative investment opportunity. The main building, constructed in 2018, boasts over 5,000 square feet and is currently leased to a thriving restaurant generating a monthly income of $3,000. The lease is in place and the tenant intends to continue operations. Ample parking is available on the approximately one-acre site, easily accommodating around 50 vehicles. This ensures convenient access for patrons and employees. A significant advantage of this property is the inclusion of an adjacent vacant lot to the south. This additional land parcel offers substantial development potential, providing a unique opportunity to expand the existing business or attract a complementary tenant. Its prime location, with direct highway frontage along Highway 49 near the intersection of Highway 8, guarantees high visibility and accessibility, making it an attractive proposition for a wide range of businesses. The asking price for this turnkey investment is $1,500,000. This property offers a blend of immediate income generation and future growth potential, making it an exceptional addition to any commercial real estate portfolio. The property's size, location, and existing lease make it a strong contender for investors seeking a stable and potentially expanding income stream. The adjacent lot presents a unique opportunity for further development and increased profitability.

Property profile
Verified
Property type Commercial real estate
Year built 2018
Total area 5,000 SF
Lot 2.19 ac (95,396 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 419 Dr Martin Luther King Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message