7376 Highway 11Carriere, MS 39426

  • Retail properties
  • 1,740 SF
For Sale
$499,900 View listing

Property Details for 7376 Highway 11

Year built
1940
Construction
FRAME
Lot size
0.29 AC
Property size (Sq ft)
1,740 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
5171120000100900
APU
5171120000100900

Description

This exceptional turnkey business opportunity is situated at 7376 Highway 11 in Carriere, Mississippi. The 2,053 square foot restaurant boasts a convenient drive-thru, ideal for maximizing customer flow and efficiency. Its prime location offers easy access to local schools, churches, and the interstate, ensuring high visibility and convenient access for a broad customer base. The property sits on a 0.29-acre lot, providing ample space for both indoor and outdoor operations. This established restaurant is fully equipped and ready for immediate operation

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $405,620
    6.5%
    $374,418
    7%
    $347,674
  • Comparable approach

    Method
    Valuation
    Relative Method
    $334,476
    Geo Method
    $311,715
  • Alternative Use

    Use
    Valuation
    Residential
    $315,836
    Hospitality
    $289,304
    Educational
    $240,697
    Medical
    $248,975
    Retail
    $374,418
7376 Highway 11, Carriere, Mississippi

Location Insight

City
Carriere
County
Pearl River
State
Mississippi
Latitude
30.6221
Longitude
-89.6528
CBSA code
38100
CBSA name
PICAYUNE, MS MICROPOLITAN 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
$985
-
-
$7,617
-
$6,260
$44,520
$50,780

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