14129 Dedeaux RdGulfport, MS 39503
- Turn key restaurants
- 1,746 SF
Property Details for 14129 Dedeaux Rd
- Year built
- 1986
- Lot size
- 0.57 AC
- Property size (Sq ft)
- 1,746 SF
- Property type
- Turn key restaurants
- APN
- 0808P-01-008.001
- APU
- 0808P01008001
Description
This exceptional commercial property, located at 14129 Dedeaux Road in Gulfport, Mississippi, presents a rare investment opportunity. Situated on a 0.57-acre lot, the property encompasses a total of 2,644 square feet and includes both a thriving restaurant and a separate office building. The restaurant, currently operating under a one-year lease, provides immediate and consistent rental income for the new owner. The interior boasts a charming blend of rustic design elements and modern amenities, featuring wood accents and large windows that bathe the space in natural light. A fully equipped kitchen, complete with high-quality appliances and ample prep space, is ready for immediate use. The separate office building offers additional versatility, ideal for expansion of the existing restaurant business or as a separate rental unit, generating further income streams. The property's location on Dedeaux Road, east of Three Rivers, ensures high visibility due to significant traffic volume. Zoned B2 - Business District, this property is perfectly positioned for continued success and growth within a bustling commercial area. This unique combination of a profitable restaurant and a versatile office building makes this a truly exceptional investment opportunity. The property's established tenancy and prime location offer both immediate return and significant long-term potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $407,018
- 6.5%
- $375,709
- 7%
- $348,873
-
Comparable approach
- Method
- Valuation
- Relative Method
- $335,630
- Geo Method
- $312,790
-
Alternative Use
- Use
- Valuation
- Residential
- $316,925
- Hospitality
- $290,302
- Educational
- $241,527
- Medical
- $249,834
- Retail
- $375,709
Location Insight
- City
- Gulfport
- County
- Harrison
- State
- Mississippi
- Latitude
- 30.449
- Longitude
- -89.0736
- CBSA code
- 25060
- CBSA name
- GULFPORT-BILOXI, MS METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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