Property profile

1119 Frontage E Dr Wiggins, MS 39577

OFF-MARKET
Turn key restaurants
Property ID
US50-1176299
9,198 SF 2.4 ac lot Built 2005
Individually Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 9,281 square foot commercial property, located at 1119 E Frontage Drive in Wiggins, Mississippi, presents a unique investment opportunity. Situated on a 2.45-acre lot, the building boasts tremendous visibility and excellent accessibility, making it ideal for a variety of commercial uses. Previously occupied by a large single-tenant restaurant, the structure is in excellent condition and is readily adaptable for multi-tenant occupancy. The spacious layout offers significant flexibility for businesses seeking a prominent location with ample space. The building's prime location ensures high traffic volume and strong brand visibility. This property is ready for immediate occupancy and offers significant potential for return on investment. Further enhancing its appeal, additional land is available for expansion or complementary development, providing an opportunity to tailor the property to specific business needs. The asking price for this exceptional commercial property is $1,350,000. Serious inquiries are encouraged.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2005
Construction WOOD
Total area 9,198 SF
Lot 2.4 ac (104,544 SF)
APN 107 -25-001.004
UPID US50-1176299

Cap rate & NOI

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

Location

1119 Frontage E Dr Wiggins, MS 39577-8169
Wiggins metro Census 20100 GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$905k

Owner & transaction history

since 2006
1 recorded transaction
2006
Price N/A

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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