106 Stribling Dr Brookhaven, MS 39601-7011
Property profile & analytics
106 Stribling Dr Brookhaven, MS 39601-7011
- Turn key restaurants
- 4,998 SF
Property ID
US50-1932592
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Vine's 3.0 / Restaurant
Property Details for 106 Stribling Dr
- Year built
- 2015
- Property size
- 4,998 SF
- Property type
- Turn key restaurants
- APN
- B77-14 -2 -021.07
- APU
- B7714202107
Description
This exceptional Brookhaven retail property presents a compelling investment opportunity. The 4,856 square foot building sits on a 0.98-acre lot (Lot 3C) and is currently fully occupied, generating immediate income. A 7-year lease agreement, with 5.5 years remaining, provides consistent cash flow, further enhanced by a 2% annual rent escalation built into both the initial and option periods. This offers a strong hedge against inflation and ensures growing returns. The property's strategic location provides unparalleled visibility, boasting a 100-foot Interstate pylon sign directly visible from Interstate 55. This high-traffic location is complemented by its proximity to major commercial establishments including Home Depot, a Honda dealership, and Stribling Equipment, maximizing exposure and foot traffic. Constructed in 2015, the building is in excellent condition, requiring minimal maintenance, and offers contemporary facilities. The property's average capitalization rate over the initial lease term is 6%, making it an attractive investment for those seeking a balance of security and significant growth potential within the commercial real estate sector. The asking price is $1,556,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brookhaven
- County
- Lincoln
- State
- Mississippi
- Longitude
- -90.4763
- Latitude
- 31.5794
- CBSA code
- 15020
- CBSA name
- BROOKHAVEN, MS MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,364
$0.00
$0.00
$150,186
-
$250,000
$751,240
$1,001,240
