Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Turnkey Convenience Store and Restaurant Title is generated by Realmo AI

    11 Cut-off Road, Perkinston, MS 39573

    View on Map
    Claim this Listing
    New
    For Sale
    $449,900

    COMMERCIAL - Perkinston, MS

    Property size:
    95,832 SF
    Lot size:
    2.20 Acres
    Price / SF:
    $4/SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 1:06 am

    Property Features for 11 Cut-off Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    1
    Rooms
    Bathroom 2, Bathroom 1
    Standard status
    Active
    APN
    024 -17-015.001
    Size
    95,832 SF
    Lot size
    2.20 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    COM @ NW COR OF NE1/4 OF SW1/4 & RUN S88*10'E 879.4' TO E ROW OF HWY 15 FOR POB: RUN ALONG ROW AS FOLLOWS: S51*15'E 143'; S46*00'E 184.5'; S38*20'E 254. 3'; N 72*00'E 71.2' TO INTER W/W ROW OF OLD HWY 15; N4*20'W 382.1'; W 440.6' BACK TO POB;
    Tax Annual Amount
    1079

    Utilities

    Utilities
    Propane
    Sewer type
    Septic Tank
    Water source
    Well

    Building Details

    Year built
    1992
    Roof type
    Metal

    We can help!

    Listing Contact
    Travis Paige

    Listing agent Travis Paige License #S60095

    Listing office Expect Realty 3073 Big Ridge Road, DIberville, MS

    Listing date Jun 2, 2026

    MLS# 4151358

    Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Convenience store and restaurant in Perkinston, MS, fully operational and includes all inventory, equipment, appliances, fixtures, and stock needed to continue operations
    • Just over 2 acres with excellent Highway 15 frontage and easy customer access
    • 2‑bedroom, 1‑bath residence on‑site for on‑site living, rental income potential, or employee housing
    • Separate climate‑controlled storage building for additional inventory and supplies
    • Metal roof; utilities include propane; water from a well and septic tank

    Overview

    This is a turnkey convenience store and restaurant opportunity currently in operation and ready for new ownership. The sale includes all inventory, equipment, appliances, fixtures, stock, and business essentials needed to continue operations from day one. The property also includes a separate climate-controlled storage building for additional inventory and supplies, helping support ongoing day-to-day needs. In addition to the retail and restaurant space, there is a 2-bedroom, 1-bath residence on site.

    The property is situated on just over 2 acres with excellent Highway 15 frontage, supporting strong visibility and convenient customer access. With both retail/food service operations and on-site living quarters, the setup can accommodate operators who prefer to live on property or buyers seeking rental income potential.

    Ideal for an owner-operator or investor looking for a ready-to-run business and real estate package. The combination of an operating convenience store and restaurant, included business assets, on-site storage, and an additional residence creates flexibility for continuing the current concept while retaining useful space for supplies, growth, or operational efficiencies. Business remains open and is shown by appointment only.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Perkinston
    County
    Stone
    State
    Mississippi
    Longitude
    -88.909903
    Latitude
    30.785677

    FAQs

    What type of property is this?
    Grocery and convenience store - Fully operational convenience store and restaurant with strong highway visibility, included business assets, plus an on-site residence and storage.
    Where is this grocery and convenience store located?
    The property is located at 11 Cut-off Road Perkinston, MS.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: Convenience store and restaurant in Perkinston, MS, fully operational and includes all inventory, equipment, appliances, fixtures, and stock needed to continue operations; Just over 2 acres with excellent Highway 15 frontage and easy customer access; 2‑bedroom, 1‑bath residence on‑site for on‑site living, rental income potential, or employee housing
    (228) 297-0207
    We can help!
    Listing Contact
    Travis Paige
    Real Estate License ID: S60095
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11 Cut-off Road, Perkinston, MS 39573
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!