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    Specialty properties

    312 Vlg Sq Dr, Brandon, MS 39047

    1,863 SF 0.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional value-add opportunity presents a 1,863-square-foot former car wash situated on a 0.6-acre lot in Brandon, Mississippi. Located at 312 Village Square Dr, 39047, this property boasts a prime location at the southwest corner of Old Fannin Road and Spillway Road, ensuring high visibility and traffic. The building features five spray wash stations and an in-bay automatic wash system at the rear. The asking price is $199,000, translating to $106.82 per square foot. This represents a significant opportunity for investors seeking a value-add project in a growing market with high traffic counts. The property's size and existing infrastructure provide a solid foundation for various redevelopment or repurposing options. Its strategic location within Rankin County, Mississippi, offers excellent potential for future growth and return on investment. The property's address is easily accessible and benefits from high visibility due to its corner location. This is an ideal investment for those seeking a project with significant upside potential in a desirable location. The existing car wash equipment offers potential for reuse or removal, allowing for flexible adaptation to a new business model. Serious inquiries are encouraged to explore the possibilities of this unique property.

    Property profile
    Verified
    Property type Specialty properties
    Total area 1,863 SF
    Lot 0.6 ac (26,136 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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