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    1853 Evelyn Gandy Pkwy Hattiesburg, MS 39401

    For Sale
    $1,495,000

    Established Auto Center, High Traffic Area

    Property size:
    6,068 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents the established Kruz N Automotive Center, a thriving business located in Hattiesburg, Mississippi. Situated on a 1.56-acre lot at 1853 Evelyn Gandy Pkwy, this 6,068 square foot facility boasts a prime location with over 16,000 vehicles passing daily, ensuring high visibility and accessibility. Built in 2014 and renovated in 2021, the property includes a 70-foot tunnel express car wash, a three-bay quick lube center, and a three-bay mechanic shop, offering a diversified business model catering to a wide range of automotive needs. The asking price is $1,495,000, translating to $246.37 per square foot. Hattiesburg's strategic location, home to the University of Southern Mississippi and ranking as the fifth most populous city in the state, contributes to a robust and consistent customer base. This owner/user opportunity presents a chance to acquire a well-established, profitable automotive center with significant growth potential in a high-traffic area. The business has cultivated a loyal customer base since its inception in 2014, demonstrating its success and market position. This turnkey operation offers immediate income generation and the potential for further expansion within the existing infrastructure.

    Property Features for 1853 Evelyn Gandy Pkwy

    General Information

    Property type
    Automotive properties
    Square Feet
    6,068 SF
    Lot Size
    67,954 SF

    Building Details

    Year Built/Renovated
    2014/2021

    HighLights

    • Excellent access and visibility: Situated on Evelyn Gandy Parkway with over 16,000 vehicles passing daily.
    • Convenient Hattiesburg location: Fifth largest city in Mississippi, home to the University of Southern Mississippi.
    • Diversified business model: Includes a 70‑foot tunnel car wash, three‑bay quick lube, and three‑bay mechanic shop.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kruz N Quick ... Car Wash Kruz'n Auto Sales Motor Vehicle Dealer

    Suggested Use

    Law Firm Building Supply Wholesale Shop Food Market Garden Center Furniture Store Pawn Shop Mobile Phone Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Forrest
    State
    Mississippi
    Longitude
    -89.2973756
    Latitude
    31.3618137

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    FAQs

    What type of property is this?
    Automotive property - Established Auto Center, High Traffic Area
    Where is this automotive property located?
    The property is located at 1853 Evelyn Gandy Pkwy Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: Excellent access and visibility: Situated on Evelyn Gandy Parkway with over 16,000 vehicles passing daily.; Convenient Hattiesburg location: Fifth largest city in Mississippi, home to the University of Southern Mississippi.; Diversified business model: Includes a 70-foot tunnel car wash, three-bay quick lube, and three-bay mechanic shop.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    1853 Evelyn Gandy Pkwy Hattiesburg, MS 39401
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