Property profile

1853 Evelyn Gandy Pkwy Hattiesburg, MS 39401

OFF-MARKET
Specialty properties
6,068 SF 1.56 ac lot Built 2014
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Property summary

AI-generated overview

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 profile

Verified
Property type Specialty properties
Year built 2014
Total area 6,068 SF
Lot 1.56 ac (67,954 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash
  • Car Dealership

Location

1853 Evelyn Gandy Pkwy Hattiesburg, MS 39401
Hattiesburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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