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Property profile & analytics
OFF-MARKET
Turn key restaurants

1020 Commerce St Hernando, MS 38632-2416

3,101 SF 0.95 ac lot Built 2008
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US50-0171798
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2008
Construction BRICK
Total area 3,101 SF
Lot 0.95 ac (41,188 SF)
Zoning code C-2
APN 3-07-4-17-24-0-00001-00
UPID US50-0171798
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
Current use
Occupant on record · Public records
  • Arby's Restaurant Take-out & Catering
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
Arc Abhndms001 LLC · 12 yrs held
Arc Abhndms001 LLC
since 2013
3 recorded transactions
2020
Price N/A
2013
Price N/A
2008
Price N/A
Zoning & alternative use
C-2 · Hernando, MS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

"C-2" Highway Commercial District. i. The purpose of this district is to provide for retail and service outlets serving not only nearby residential areas, but distant areas as well and especially the needs of through highway traffic. The districts are primarily located along heavily traveled, state and federal highways. In the "C-2" Highway Commercial Distri…

Zone name Highway Commercial
General category COMMERCIAL
Zone area 563.94 ac
Source Code of Ordinances
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