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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

612 Us Hwy 82 Indianola, MS 38751

3,756 SF Built 2000
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 3,756-square-foot freestanding restaurant building situated on a substantial 41,596-square-foot lot at 612 US Hwy 82 West in Indianola, Mississippi. Built in 2000, this single-story structure boasts a wood frame with brick masonry and EIFS exterior. Currently occupied by a Pizza Hut restaurant under a lease expiring December 31, 2024, the property offers significant potential for future development or continued operation as a restaurant. The interior features a fully equipped kitchen including walk-in freezer, cooler, and storage, along with designated areas for washing, food prep, cooking, service, and ample dining space, including a private dining area. Two separate bathrooms are also included. The property benefits from its prime location in one of Indianola's most active retail areas, surrounded by major national brands such as McDonald's, Wendy's, Burger King, and Walmart. Additional parking is available within the shopping center. The C3 zoning provides flexibility for future uses. The seller will determine the fate of any remaining furniture or kitchen equipment. This property presents a rare chance to acquire a well-located, established restaurant building with considerable upside potential. The sale price is $399,000.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2000
Total area 3,756 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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