7.09 Acre Investment Opport

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7.09 Acre Investment Opport

Cleveland, MS 38732
Asking Price
$100K
Asset Type
Land
Class
Class B

What's Special

The property consists of 7.09 acres situated in Cleveland, MS. It is positioned near North Davis Avenue, a primary thoroughfare providing access to local retail centers, medical facilities, and administrative offices. The surrounding neighborhood is characterized by a mix of established commercial developments and residential communities. Delta State University is located in close proximity, contributing to the area's consistent traffic patterns. The site offers straightforward connectivity to Highway 61, facilitating regional transportation and logistics across the Mississippi Delta. This land asset is suited for commercial development, including retail storefronts, professional office suites, or service-oriented facilities. The acreage allows for flexible site planning, such as large-scale footprints or multi-unit configurations with dedicated parking. Typical tenants or owner-occupants include regional retailers, healthcare providers seeking proximity to the local hospital, or hospitality developers. The property’s zoning and location support long-term use for businesses requiring high visibility and ease of access for a diverse local workforce and student population.

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NOI
$80,000
Cap Rate
80.00%
DSCR
13.47
Strong
Cash-on-Cash
246.88%
Monthly Payment
$494.745
Annual Cash Flow
$74,063.055

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