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Property profile & analytics
OFF-MARKET
Retail space

2310 Sunset Dr Grenada, MS 38901-2827

3,594 SF 0.73 ac lot Built 2002
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US50-1444696
Property summary
AI-generated overview

This exceptional 3,594 square foot commercial building presents a remarkable opportunity for a discerning investor or entrepreneur. Located at 2310 Sunset Drive in Grenada, Mississippi, this property boasts a highly desirable location, just a quarter-mile from Interstate 55, ensuring exceptional visibility and accessibility. The building, situated on a 0.74-acre lot (APN: 091 11 024.06), is zoned for commercial use and offers a versatile layout ideal for a variety of restaurant concepts or retail businesses. The interior features an open concept design, complemented by two convenient storage areas, two restrooms, and efficient heating and air conditioning. Ample parking is available on three sides of the building, thanks to paved driveways. Additional office space is also included, adding to the property's functionality. Previously utilized as a restaurant and retail supply store, this property is currently vacant and available for immediate occupancy. The asking price is $378,000, and the sale is offered as a net lease. This is a turn-key opportunity in a high-traffic, high-visibility area with significant potential for growth and profitability. Don't miss this chance to secure a prime commercial property in a thriving Mississippi market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2002
Total area 3,594 SF
Lot 0.73 ac (31,799 SF)
APN 091 11 024.06
UPID US50-1444696
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
  • Wesley's Pool Supply (Bike/Boat/Book/etc) Store Hardware & Home Improvement
  • Southern Belle Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Joseph Wesley Melton · 6 yrs held
Joseph Wesley Melton
since 2019
2 recorded transactions
2019
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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