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Property profile & analytics
OFF-MARKET
Turn key restaurants

101 Promenade Blvd Flowood, MS 39232-8018

4,030 SF 1.08 ac lot Built 2005
Entity Owned 13-yr Hold Free & Clear
Property ID
US50-0030039
Property summary
AI-generated overview

This 4,000 square foot former restaurant building presents a unique opportunity in Flowood, Mississippi. Situated on a highly visible 1.1-acre corner lot at the intersection of Lakeland Drive (36,000 cars per day) and Old Fannin Road (20,000 cars per day), this property boasts exceptional traffic counts and exposure. The building's previous use as a restaurant provides a solid foundation for a variety of food service or retail concepts. Its prime location offers easy access and high visibility to a substantial customer base. The property is conveniently located near the Waterpointe mixed-use development, comprising 180 residential units, ensuring a consistent flow of potential customers. Furthermore, its proximity to Jackson International Airport, Jackson Prep High School, and area hospitals adds to its strategic appeal. The address is 101 Promenade Blvd, Flowood, MS 39232. This single-tenant retail space is ready for immediate occupancy and offers significant potential for a savvy investor or business owner seeking a high-traffic location in a thriving community. The property is classified as a retail space, specifically a former restaurant.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2005
Total area 4,030 SF
Lot 1.08 ac (47,045 SF)
APN G10N000001 00010
UPID US50-0030039
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Resolute Real Estate LLC · 13 yrs held
Resolute Real Estate LLC
since 2012
2 recorded transactions
2012
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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