Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    102 Clinton Center Dr Clinton, MS 39056

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Turnkey Restaurant, 5,383 SF, 0.72 Acres

    Property size:
    5,383 SF

    Property Features for 102 Clinton Center Dr

    General Information

    Property type
    Restaurants
    Square Feet
    5,383 SF
    Lot Size
    31,363 SF

    We can help!

    Listing Contact
    Grant Ridgway
    Grant Ridgway

    Listing Agent: Grant Ridgway

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional restaurant property in Clinton, Mississippi, presents a rare turnkey opportunity. Located at 102 Clinton Center Dr, 39056, this 5,383 square foot establishment sits on a 0.72-acre lot and boasts ample parking with 53 spaces. Currently vacant, the property is offered at $1,400,000 with a NNN lease type. Its prime location in Hinds County offers high visibility and accessibility, making it ideal for a variety of restaurant concepts. The substantial square footage provides ample space for dining, kitchen operations, and storage. The property's existing infrastructure presents a significant advantage for a quick and efficient launch, minimizing start-up costs and time. This is a unique chance to acquire a well-situated restaurant space in a thriving Mississippi community. The property's size and parking capacity cater to a large customer base, ensuring potential for significant revenue generation. Serious inquiries are encouraged to explore this exceptional investment opportunity. The property is ready for immediate occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bonsai II Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Hinds
    State
    Mississippi
    Longitude
    -90.3268645
    Latitude
    32.325078

    Nearby Similar for Sale

    • $420,000
      4,800 SF

      Versatile Commercial Property in Clinton

      High-visibility property ideal for automotive, retail, or office ventures.
      1210 Springridge Rd, Clinton, MS 39056
      View Details
    • $1,900,000
      18,300 SF

      Highway 80 Commercial Opportunity

      18,300 SF building on 1.48 acres in Clinton, MS.
      451 Highway 80, Clinton, MS 39056
      View Details
    • Contact for pricing
      5,383 SF

      Retail Property in Clinton, MS

      5,383 SF retail property on 0.72 acres for sale.
      102 Clinton Center Dr, Clinton, MS 39056
      View Details
    • $420,000

      Versatile Commercial Property in Clinton

      High-visibility commercial property ideal for various business ventures.
      1210 Springridge Rd, Clinton, MS 39056
      View Details
    • Contact for pricing

      Retail Space in Clinton District

      3280 sq ft building in the heart of Clinton.
      230 Clinton Blvd, Clinton, MS 39056
      View Details
    • New
      $349,000
      3,648 SF

      Clinton Office Building with Shop

      Multi-purpose office building with shop in Clinton, Mississippi.
      1215 Springridge Rd, Clinton, MS 39056
      View Details
    • $300,000
      12,947 SF

      Clinton Commercial Space - High Traffic Area

      Prime Clinton location, ample space, high traffic.
      0010-0005 Clinton Tinnin Rd, Clinton, MS 39056
      View Details
    • $385,000
      3,648 SF

      Versatile Clinton Office Building

      Spacious office & shop, prime location.
      1215 Springridge Rd Rd, Clinton, MS 39056
      View Details
    • $2,150,000
      18,300 SF

      Prime Clinton, MS Storefront

      18,300 SF Retail/Warehouse; Class A
      0 Highway 80, Clinton, MS 39056
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, 5,383 SF, 0.72 Acres
    Where is this restaurant located?
    The property is located at 102 Clinton Center Dr Clinton, MS.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: $1,400,000 asking price for this vacant restaurant.; 5,383 square foot retail building.; NNN lease type.
    (601) 899-2801 Call to check price and availability
    Request Owner's contact information
    102 Clinton Center Dr Clinton, MS 39056
    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.
    102 Clinton Center Dr
    Clinton, MS 39056
    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
    102 Clinton Center Dr Clinton, MS 39056
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Grant Ridgway
    Grant Ridgway
    Real Estate License ID: 19145
    (601) 899-2801 (601) 420-8080
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!