Listing Summary
High-volume Gas Station & C-Store w/ real estate in Tupelo, MS! $749,000 ($328.65/SF). $78K-$85K/mo inside sales, 1.39 acres, Opportunity Zone. Call (770) 664-9999!
Full Description
High-Volume Gas Station, Convenience Store & Real Estate For Sale: 5365 Raymond Avenue, Tupelo, MS
Offering high-volume inside retail sales, substantial land scale, and an unbeatable location in North Mississippi's commercial capital, 5365 Raymond Avenue, Tupelo, MS 38801 is available for acquisition. Offered at an aggressive price of $749,000 ($328.65 per square foot) plus inventory at cost, this turnkey business and real estate package includes a 2,279-square-foot commercial facility situated on a spacious 1.39-acre corner lot.
Situated in a federal Opportunity Zone, the property is currently leased to a tenant operator, generating impressive average inside sales of $78,000 to $85,000 per month at high gross profit margins, complemented by consistent outside fuel volume exceeding 18,000 gallons per month. An incoming owner-operator can take over store management at lease expiration, reduce operating expenses, and capture substantial net take-home profits while benefiting from long-term real estate appreciation.
Financial Breakdown & Key Property Specifications
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Asking Price: $749,000 (Includes Commercial Real Estate Property & Business Value + Inventory)
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Price Per Square Foot: $328.65 / SF
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Building Size & Subtype: 2,279 SF Single-Story Service Station (Class C / Built 1994)
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Land Parcel Footprint: 1.39 Acres (Corner Lot with Dedicated Turn Lane & Monument/Pylon Signage)
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Federal Opportunity Zone: Yes (Qualifies for Federal Tax Deferrals & Investment Tax Advantages)
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Monthly Inside Retail Sales: $78,000 - $85,000 / Month Average (High Gross Profit Margins)
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Monthly Fuel Sales Volume: 18,000+ Gallons / Month Average
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Fuel Agreement Structure: New 20-Year Rack +1 Jobber Contract executed at Closing (All new brand incentives pass to buyer)
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Parking Capacity: 23 Dedicated Surface Parking Spaces (10.09 Spaces per 1,000 SF)
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Daily Corridor Traffic Count: 11,099 Vehicles Per Day (VPD)
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Broker Representation: River Brokers — Direct Contact: (770) 664-9999 | info@riverbrokers.com
Revenue Growth & Operational Expansion Upside
Engineered for strong cash flow acceleration under direct owner control:
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Owner-Operator Expense Reduction: Replacing tenant management overhead with hands-on owner management allows a new operator to streamline shift labor, optimize inventory purchasing, and capture higher net profit margins.
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1.39-Acre Land Expansion: The large 1.39-acre lot provides significant physical space for canopy expansion, additional diesel pumps, EV charging stations, or food service build-outs.
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Expanded Product Selection: Capitalizing on high daily inside traffic by expanding hot grab-and-go food offerings, novelty items, and tobacco/vape selections will drive average transaction amounts higher.
Premier Tupelo Market & Massive Regional Economic Drivers
Positioned in the primary commercial and healthcare basin of North Mississippi:
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North Mississippi Medical Center Anchor: Located minutes from NMMC, a 640-bed regional hospital system. NMMC is the largest private, non-profit hospital in Mississippi and the largest non-metropolitan hospital in the U.S., serving over 730,000 residents across 24 counties in Mississippi, Alabama, and Tennessee.
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12 Million Annual Retail Shoppers: Positioned near The Mall at Barnes Crossing, a major super-regional retail mall drawing over 12,000,000 shoppers annually, along with nearby Walmart Supercenter.
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Global Tourism Hub: Near Elvis Presley’s Birthplace & Museum, a world-famous tourist destination attracting over 100,000 international visitors per year.
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Dense Educational & Multifamily Base: Located near Itawamba Community College Tupelo Campus (5,000+ students/staff) and local K-12 schools (Tupelo High, Milam, Pierce Street, Carver, Lawndale serving 4,000+ students). Directly serves nearby apartment communities (Park Place, The Grove, Stone Creek, West Jackson Street, Greenwood Apartments).
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High-Traffic Commercial Corridor: Captures over 11,099 vehicles per day past the storefront, surrounded by popular local and national dining (Romie's Grocery, Mugshots, Harvey's, Bulldog Burger Co., Taco Bell, McDonald's, KFC).
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Strategic North Mississippi Connectivity: Located 25 minutes from Pontotoc; 40 minutes from New Albany; 50 minutes from Oxford; 1 hour 50 minutes from Memphis, TN; and 2 hours from Birmingham, AL.
Whether you are seeking a high-volume C-store property under $750k, an Opportunity Zone asset with 1.39 acres, or a proven cash-flowing gas station in Tupelo, 5365 Raymond Avenue delivers location, high inside volume, and excellent long-term real estate value.
Quick Glance
- Listing ID:
CL-Mississippi-28756
- Status:
Active
- Year Build:
1994
- Building Size:
2,279 SqFt
- Lot Size:
1.39 Acr
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