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Property profile & analytics
OFF-MARKET
Turn key restaurants

2222 Main St Tupelo, MS 38801-3144

3,101 SF 0.79 ac lot Built 2000
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US50-0500127
Property summary
AI-generated overview

This 3,111 square foot retail building, situated on a 0.79-acre lot in Tupelo, Mississippi, presents a unique investment opportunity. Built in 2000 and renovated in 2023, the single-story structure boasts a brick and masonry exterior with an enamel metal hip roof. The building features a spacious layout including a large showroom/eating area, a fully equipped kitchen with a vent-a-hood and pizza oven, and two ADA-compliant restrooms. Additional amenities include a cooler room, water fountain, and ample natural light from three sides of windows. The interior finishes include sheetrock walls, 9-foot suspended ceilings, and a combination of carpet and quarried tile flooring. The property includes 42 parking spaces, a front and side sidewalk, a side canopy, and a drive-through window. The building is well-maintained and landscaped, featuring a lighted street-side pole sign. Located on a five-lane arterial street with approximately 22,000 vehicles passing daily, this property benefits from high visibility and accessibility. Its proximity to a Walmart Supercenter further enhances its desirability. The property is zoned for mixed-use commercial, allowing for flexibility in future uses, such as office or retail space. The annual property taxes were $12,773.42, with a cost per square foot of $4.11. City 3-phase power is available. The building is currently vacant and ready for immediate occupancy. Owner will consider offers.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2000
Total area 3,101 SF
Lot 0.79 ac (34,199 SF)
APN 077P-35-013-00
UPID US50-0500127
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
Omega Plus Properties · 2 yrs held
Omega Plus Properties
since 2023
3 recorded transactions
2023
Price N/A
2019
Price N/A
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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