You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

23 Us-51 Hernando, MS 38632

2,363 SF 0.98 ac lot
Property ID
Property summary
AI-generated overview

This exceptional C-Class hospitality property, located at 23 US-51 in Hernando, Mississippi (zip code 38632), presents a lucrative investment opportunity. The 2,363 square foot building sits on a 0.98-acre lot and is currently operating as a successful seafood restaurant, boasting 100% occupancy. Built in 2018 (with renovations completed that same year), this single-story structure features a single unit and is zoned C-4, allowing for a variety of retail uses. The property is offered for sale by owner at $750,000 with a NNN lease type. Its prime location offers easy access to I-69 and I-55, ensuring high visibility and convenient access for customers. The property's strong performance and desirable location make it an ideal investment for both seasoned restaurateurs and new entrepreneurs seeking to establish a thriving business in a vibrant community. The sale includes the building and 0.98 acres of land (APN: 308101230 0000100). The current tenant's lease expires December 1st, 2024.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,363 SF
Lot 0.98 ac (42,689 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 23 Us-51?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
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