1143 Hwy 42 Sumrall, MS 39482
This exceptional Sumrall, MS property offers a thriving, fully-equipped restaurant on a spacious 2.5-acre lot. The 2,688 square foot main building boasts a loyal customer base and is ready for immediate operation. A secondary smaller building presents versatile options: a supplementary business, an efficiency apartment, or additional storage. The expansive lot provides ample room for future development or expansion, making this a truly unique opportunity. The property's B1 and B2 zoning allows for a wide range of potential uses beyond its current configuration. Imagine converting this space into an office building, medical facility, or law office – the possibilities are extensive. The flexible layout and generous land area offer significant potential for growth and adaptation to various business needs. This turnkey operation, combined with the significant land, presents a rare investment opportunity in a desirable location. The property is located at 1143 Highway 42, Sumrall, MS and is priced at $849,500. Don't miss this chance to acquire a well-established business with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.