Turnkey Fast-Food
For Sale
Contact for pricing
501 4th St., Baldwyn, MS 38824
Turnkey fast-food restaurant built in 2023 with indoor seating, a covered patio, and on-site parking.
Property Size2,240 SF
Price / SF$245.09
Days on Market110
Property Features for 501 4th St.
General Information
Standard status
Active
Size
2,240 SF
Total Parking Spaces
20
Property subtype
Retail
Zoning
Commercial
Building Details
Year Built
2023
Stories
1
Listing Agency:
ColdWell Banker Southern Real Estate
Listed By:
Blair Finley Brenda Estes · License #23487
Source:
Crexi
Added: Jul 9
Changed: Oct 26
Last Checked: Oct 24 at 2:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ColdWell Banker Southern Real Estate
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Investment Insights
Based on property information with market context.
This turnkey fast-food restaurant was constructed in 2023 and is offered fully furnished and equipped as an operational business, including established systems, staff, and customer base. The seating layout accommodates approximately 50 people inside and about 20 people outdoors under a covered patio.
The property is situated on a busy street in Baldwyn, positioned across from the high school. On-site parking is designed for approximately 20 cars, supporting convenient customer access.
The business is presented as income-producing, with financials available upon request.
The property is situated on a busy street in Baldwyn, positioned across from the high school. On-site parking is designed for approximately 20 cars, supporting convenient customer access.
The business is presented as income-producing, with financials available upon request.
Key Highlights
- Fast‑food restaurant built in 2023
- Fully furnished and equipped with established systems, staff, and customer base (financials available upon request)
- Seating for ~50 inside plus ~20 under a covered patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,234
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,680
$464.7K
Cap Rate 7%
$331,914
$331.9K
Cap Rate 9%
$258,156
$258.2K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$33.6K $15.00/SF
− Vacancy
−$2.6K −$1.17/SF
EGI
$31.0K $13.83/SF
− OpEx
−$7.7K −$3.46/SF
NOI
$23.2K $10.37/SF
Area
Lee County, MS
Vacancy
7.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,680
Cap Rate 7%
$331,914
Cap Rate 9%
$258,156
Alternative Uses
Best Use
Specialty Retail
$331.9K
$290.4K – $387.2K
NOI $23,234 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$420.7K
$368.1K – $490.8K
NOI $29,448 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
4k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 96%
Dining 4%
Chevron
Shops & Services
3,017 visits/mo
0.2 miles
Napa Auto Parts
Shops & Services
1,236 visits/mo
0.0 miles
Bumpers Drive-In
Dining
158 visits/mo
0.4 miles
Demographics for 38824, MS
7,788
Population
3,642
Households
2.1
Avg Household Size
42
Median Age
13%
College-Educated
80%
High-School Grad
146.8 sq mi
ZIP Area
53
Density / Sq Mi
$46,753
Median Household Income
$36,482
Median Earnings
$598
Median Rent
$94,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey fast-food restaurant built in 2023 with indoor seating, a covered patio, and on-site parking.
Where is this conventional restaurant located?
The property is located at 501 4th St. Baldwyn, MS.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Fast‑food restaurant built in 2023; Fully furnished and equipped with established systems, staff, and customer base (financials available upon request); Seating for ~50 inside plus ~20 under a covered patio
