Furnished Fast-Food
501 4th St, Baldwyn, MS 38824
For Sale
$525,000
Commercial Sale, Baldwyn, MS
Property Size2,240 SF
Lot Size1.00 Acre
Price / SF$234.38
Days on Market161
Property Features for 501 4th St
General Information
Property type
Property subtype
Directions
Subdivision
Standard status
Size
Lot size
Tenancy & Operations
Currently Operating
Business Included
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Floors in Building
Buildings
Listing Agency:
COLDWELL BANKER SOUTHERN REAL ESTATE · Coldwell Banker Real Estate
(662) 620-2232
Listed By:
Brenda Estes Blair Finley · License #B-23487
(662) 620-2214
Added: Jun 2
Changed: Oct 23
Last Checked: Nov 9 at 8:06AM
MLS# 26-1977
Copyright © 2026 Northeast Mississippi Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,240-square-foot fast-food restaurant occupies a 1-acre site and was constructed in 2023. The sale includes the building’s furnishings and equipment, along with established operating systems, staff, and a customer base. Interior seating accommodates around 50 guests, while a covered patio provides space for approximately 20 more.
The property includes a parking area designed for around 20 cars and is positioned across from the high school on a busy street in Baldwyn. The restaurant business and its physical improvements are offered together at 501 4th St.
The property includes a parking area designed for around 20 cars and is positioned across from the high school on a busy street in Baldwyn. The restaurant business and its physical improvements are offered together at 501 4th St.
Key Highlights
- 2023‑built fast‑food restaurant with 2,240 square feet of improvements
- Situated on a 1‑acre site at 501 4th St, Baldwyn, MS 38824
- Fully furnished and equipped restaurant operation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,234
Cap Rate
4.43%
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 4.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$420.7K
$368.1K – $490.8K
NOI $29,448 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
188
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
0.5 miles
Napa Auto Parts
Shops & Services
1,236 visits/mo
0.4 miles
Bumpers Drive-In
Dining
158 visits/mo
0.1 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 - Operational restaurant with covered outdoor seating, on-site parking, furnishings, and kitchen equipment included.
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 $525,000.
What are key features of this property?
This property features: 2023‑built fast‑food restaurant with 2,240 square feet of improvements; Situated on a 1‑acre site at 501 4th St, Baldwyn, MS 38824; Fully furnished and equipped restaurant operation
