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Property profile & analytics
OFF-MARKET
Commercial real estate

29079 Highway 18 Raleigh, MS 39153

1,500 SF 0.5 ac lot Built 1960
Property ID
US50-1433864
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving convenience store and self-serve gas station located at 29079 Highway 18 East in Raleigh, Mississippi. Boasting a prime corner location at the intersection of Highway 18 and Smith County Road 52, this business enjoys consistent high traffic volume. The 1,500 square foot building sits on a half-acre lot and offers a turnkey operation, including all inventory. The store features a recently updated kitchen, allowing for the preparation of fresh deli meats, hot pizza, and hearty lunches. Daily sales average an impressive $2,650, demonstrating the strong profitability of this established business. The gas station component includes above-ground tanks, providing convenient fueling access for customers. A significant advantage is the long-term lease security

Property profile
Verified
Property type Commercial real estate
Year built 1960
Total area 1,500 SF
Lot 0.5 ac (21,780 SF)
UPID US50-1433864
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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