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    OFF-MARKET
    Commercial real estate

    700 Martin Luther King Blvd, Amory, MS 38821

    0.55 ac lot
    Property ID
    US50-0134475
    Property summary
    AI-generated overview

    This exceptional commercial property presents a unique opportunity to acquire a thriving Amory business. Located on a highly visible corner lot, the 0.55-acre site boasts a well-established restaurant, "The Rib Shack," complete with all fixtures included in the sale. The building features a fully equipped commercial kitchen, ready for immediate operation. The interior includes a comfortable dining area with booths, a dedicated stage area perfect for live entertainment or events, a private office for administrative tasks, and a pleasant outdoor patio. Ample parking is provided by a large asphalt lot, ensuring convenient access for customers. The property also includes a commercial-grade grill, adding to the operational efficiency and capacity of the restaurant. This turnkey operation offers a significant advantage for a prospective buyer looking to enter the Amory market or expand their existing portfolio. The high visibility location and established clientele base make this a truly compelling investment opportunity. The sale includes all existing fixtures and equipment, allowing for a seamless transition and immediate commencement of operations. This is a rare chance to own a successful, established business in a desirable location. Don't miss this chance to own a piece of Amory's vibrant culinary scene.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.55 ac (23,958 SF)
    UPID US50-0134475
    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
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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