14129 Dedeaux RdGulfport, MS 39503

  • Turn key restaurants
  • 1,746 SF
For Sale
$340,877 View listing

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
14129 Dedeaux Rd, Gulfport, Mississippi

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

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
$2,984
-
-
$24,966
-
$64,515
$101,927
$166,442

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