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Property profile & analytics
OFF-MARKET
Commercial real estate

2141 Martin Luther King Jr Dr Jackson, MS 39213

1,276 SF 0.34 ac lot Built 1953
Individually Owned 4-yr Hold
Property ID
US50-0300637
Property summary
AI-generated overview

This exceptional commercial property located at 2141 Martin Luther King Jr Drive in Jackson, Mississippi, presents a unique investment opportunity. The 1,276 square foot building sits on a 0.34-acre lot and is currently operating as a restaurant, MOMs & POPs Smokehouse. The property is being sold "as is" and offers a turnkey setup for a new restaurant owner. Key features include a fully equipped kitchen with appliances and a grill, a dedicated dining area, and restrooms. The existing layout is ready for immediate use, minimizing upfront investment and allowing for a quick start to operations. However, the property also offers significant potential for customization and adaptation to suit a variety of culinary concepts. The strategic location on Martin Luther King Jr Drive provides excellent visibility and accessibility, ensuring a strong foundation for a successful business. This is an ideal opportunity for an entrepreneur seeking a ready-made restaurant space or an investor looking for a profitable venture in a thriving Jackson neighborhood. The property's size and existing infrastructure make it a highly attractive proposition for those seeking a low-risk entry into the restaurant industry. Serious inquiries are encouraged to explore the full potential of this remarkable commercial property. The asking price is $45,000.

Property profile
Verified
Property type Commercial real estate
Year built 1953
Total area 1,276 SF
Lot 0.34 ac (14,810 SF)
UPID US50-0300637
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
Current use
Occupant on record · Public records
  • Moms & Pops Smokehouse Restaurant
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
Aaron Synton Davis · 4 yrs held
Aaron Synton Davis
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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