811 N 2Nd St Booneville, MS 38829
For Sale
This exceptional 1,118 square foot vacant commercial property presents a unique investment opportunity in Booneville, Mississippi. Located at 811 N 2nd St, this single-story building, constructed in 1989, is situated on a 0.54-acre lot and is zoned for QSR/Fast Food, Restaurant, and Storefront uses. The property's previous use as a drive-in restaurant offers significant potential for a variety of food service concepts. The asking price is $600,000, translating to $536.67 per square foot. The property is currently vacant, providing immediate occupancy for a new tenant or owner-operator. The building's 1,118 square feet are complemented by an additional 2,298 square feet of covered canopy, offering ample space for outdoor seating or operations. The property's location in Booneville, Prentiss County, MS (zip code 38829) provides excellent visibility and accessibility. This is an ideal opportunity for an entrepreneur seeking a well-located, established space to launch or expand their business. The property's APN is 060214-04-01602. The property is ready for immediate development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.