102 Clinton Center DrClinton, MS 39056

  • Retail properties
  • 5,417 SF
For Sale
$1,400,000 View listing

Property Details for 102 Clinton Center Dr

Year built
1998
Construction
FRAME
Property size (Sq ft)
5,417 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
2860 0835 184
APU
28600835184

Description

This exceptional restaurant property in Clinton, Mississippi, presents a rare turnkey opportunity. Located at 102 Clinton Center Dr, 39056, this 5,383 square foot establishment sits on a 0.72-acre lot and boasts ample parking with 53 spaces. Currently vacant, the property is offered at $1,400,000 with a NNN lease type. Its prime location in Hinds County offers high visibility and accessibility, making it ideal for a variety of restaurant concepts. The substantial square footage provides ample space for dining, kitchen operations, and storage. The property's existing infrastructure presents a significant advantage for a quick and efficient launch, minimizing start-up costs and time. This is a unique chance to acquire a well-situated restaurant space in a thriving Mississippi community. The property's size and parking capacity cater to a large customer base, ensuring potential for significant revenue generation. Serious inquiries are encouraged to explore this exceptional investment opportunity. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,265,254
    6.5%
    $1,167,927
    7%
    $1,084,503
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,041,298
    Geo Method
    $2,662,733
  • Alternative Use

    Use
    Valuation
    Residential
    $985,190
    Hospitality
    $902,429
    Educational
    $750,810
    Medical
    $776,632
    Retail
    $1,167,927
102 Clinton Center Dr, Clinton, Mississippi

Location Insight

City
Clinton
County
Hinds
State
Mississippi
Latitude
32.325
Longitude
-90.3269
CBSA code
27140
CBSA name
JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,643
$18,377
$84,524
$102,901
-
$122,510
$563,490
$686,000

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