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Property profile & analytics
OFF-MARKET
Turn key restaurants

1143 Hwy 42 Sumrall, MS 39482

2,688 SF 2.5 ac lot Built 1988
Individually Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US50-0617934
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1988
Construction STEEL FRAME
Total area 2,688 SF
Lot 2.5 ac (108,900 SF)
APN 113M-07-037.000
UPID US50-0617934
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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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
David Mcduffie · 9 yrs held
David Mcduffie
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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