748 Cherry Street

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748 Cherry Street

69051, MS 38614
Asking Price
$175K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • This land parcel spans a total area of 0.17 acres.
  • The property is situated at 748 Cherry Street in Mississippi.
  • The asking price for this specific site is $175,000.
  • The asset is located within the 38614 zip code area.
  • Coordinates for the property are 34.1982 by -90.5931.

What's Special

Development of this 0.17-acre land parcel at 748 Cherry Street presents a practical choice for investors seeking a site in the 38614 zip code of Mississippi. The manageable footprint is well-suited for specialized infill projects or small-scale commercial build-outs designed to serve the local community. Situated within a region that balances quiet residential life with local commerce, this site allows for a variety of potential developments that align with regional growth trends. Its placement offers clear accessibility for site work and future operations. Buyers looking for a straightforward asset will find this property positioned for efficient project execution. The lot scale facilitates focused design and construction, minimizing the complexities often associated with larger land acquisitions. This Mississippi location remains a functional node within the broader regional market, supported by infrastructure that connects to local amenities and surrounding districts. The clear, level nature of the site supports a range of development applications for those targeting this specific submarket.

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NOI
$80,000
Cap Rate
45.71%
DSCR
7.70
Strong
Cash-on-Cash
132.59%
Monthly Payment
$865.805
Annual Cash Flow
$69,610.346

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