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    OFF-MARKET
    Turn key restaurants

    1117 Frontage E Dr, Wiggins, MS 39577-8169

    2,488 SF Built 2004
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US50-1325293
    Property summary
    AI-generated overview

    This exceptional 2,488 square foot commercial property, located at 1117 E Frontage Drive in Wiggins, Mississippi, presents a unique investment opportunity. Previously operating as a fast-food restaurant, this building boasts excellent highway visibility and convenient access, ensuring high traffic exposure for any future business. The property sits on a 0.49-acre lot, providing ample space for potential expansion or outdoor amenities. While the existing restaurant equipment and signage are being removed (leaving only the sign pole), the building itself is ready for immediate occupancy and offers a multitude of potential uses. A significant advantage is the recently installed flat roof, completed in 2023, eliminating immediate roof replacement concerns and ensuring long-term cost savings. The property's strategic location and adaptable layout make it ideal for a variety of commercial ventures, from retail to office space, or even a complete repurposing. Its easy accessibility and prominent positioning offer a compelling opportunity for entrepreneurs seeking a high-impact location in a growing market. The asking price is $500,000. Serious inquiries are encouraged to explore the possibilities this versatile property offers.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2004
    Construction STEEL FRAME
    Total area 2,488 SF
    APN 107 -25-001.006
    UPID US50-1325293
    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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    Blend (final) Blend
    by Request
    Owner & transaction history
    DIVERSIFIED SERVICES INC
    DIVERSIFIED SERVICES INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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