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    1001 Martin Luther King Dr Cleveland, MS 38732

    For Sale
    $325,000

    Fully renovated, high-demand childcare center with expansion potential.

    Property size:
    3,961 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional investment opportunity presents a fully operational and highly successful childcare and learning center located at 1001 S Martin Luther King Drive, Cleveland, MS. The 3,961 square foot facility sits on a one-acre lot and boasts ample parking, making it easily accessible for families. Completely renovated in 2022, the center is currently operating at full capacity with a waiting list, demonstrating strong community demand and consistent profitability. Recent upgrades include a significant investment in new stainless steel appliances totaling $10,000, ensuring a modern and efficient kitchen. Furthermore, a new, advanced air conditioning unit with a 10-year warranty ensures comfortable year-round operation and reduced maintenance costs. The center's excellent reputation and high standards contribute to its sustained success and provide a solid foundation for future growth. The substantial one-acre lot offers significant potential for expansion, allowing for increased capacity or the addition of new services to further capitalize on the high demand. This turnkey operation presents a rare opportunity to acquire a thriving business with immediate cash flow and significant long-term growth prospects. The property is priced at $325,000.

    Property Features for 1001 Martin Luther King Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,961 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1986
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bolivar
    State
    Mississippi
    Longitude
    -90.70965
    Latitude
    33.73409

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    FAQs

    What type of property is this?
    Commercial real estate - Fully renovated, high-demand childcare center with expansion potential.
    Where is this commercial real estate located?
    The property is located at 1001 Martin Luther King Dr Cleveland, MS.
    What is the asking price?
    The asking price for this property is $325,000.
    (662) 510-8155
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    1001 Martin Luther King Dr Cleveland, MS 38732
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    Cleveland, MS 38732
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1001 Martin Luther King Dr Cleveland, MS 38732
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