120 E Water Street

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120 E Water Street

Quitman, MS 39355
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel located at 120 E Water Street in Quitman.
  • The property is currently available for sale in Mississippi.
  • Strategically positioned site suitable for various commercial development projects.
  • The location offers accessibility within the local Clarke County municipality.
  • Asset provides a versatile foundation for professional or service-oriented business use.

What's Special

120 E Water Street consists of a commercial land parcel positioned in Quitman, Mississippi. This site serves as a versatile foundation for development within a growing regional market. Given its classification, the property provides sufficient area to accommodate various commercial projects, ranging from retail storefronts to service-oriented business centers. Its placement within the local municipality ensures accessibility for regional traffic and proximity to existing infrastructure essential for business operations. The land offers a clean slate for investors or business owners looking to establish a physical presence in this part of Clarke County. Developers can capitalize on the flexibility of this site to meet the specific requirements of commercial end-users, potentially supporting a range of small to mid-sized professional or service-related enterprises. Future owners benefit from the strategic placement of the lot, which is well-situated for local visibility and functional commercial utility.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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