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    Cannon Rd Merigold, MS 38732

    For Sale
    $40,000

    1.7-Acre Commercial Lot in Cleveland, MS

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.7-acre commercial lot presents a remarkable opportunity in Bolivar County, Mississippi. Strategically located at the corner of Cannon and Township Road, just north of Cleveland, this property within Sunset Estates offers immediate development potential. The lot boasts readily available utilities, including water and power connections, eliminating significant upfront infrastructure costs. Furthermore, the site preparation is complete, with the house pad already graded, significantly expediting the construction process. This translates to substantial time and cost savings for future development. The property's prime location offers excellent visibility and accessibility, making it ideal for a variety of commercial ventures. With its convenient location near Cleveland and existing infrastructure, this 1.7-acre parcel represents a rare chance to acquire a ready-to-build commercial site in a desirable area. The asking price is $40,000. This is a turnkey opportunity for businesses seeking a strategic location in Bolivar County. The address is Cannon Road, Cleveland, MS 38732.

    Property Features for 0 Cannon Rd

    General Information

    Property type
    Land
    Lot Size
    74,052 SF

    HighLights

    • 1.7± acre commercial lot in Sunset Estates, Bolivar County, MS.
    • Located at the corner of Cannon and Township Road, north of Cleveland, MS.
    • Utilities (water and power) available on‑site.
    • House pad site preparation complete.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Merigold
    County
    Bolivar
    State
    Mississippi
    Longitude
    -90.7384743
    Latitude
    33.7949405

    Nearby Similar for Sale

    • $934,720
      9,014 SF

      Dollar General Net Lease, MS

      High-traffic location, strong tenant.
      205 South St, Merigold, MS 38759
      View Details

    FAQs

    What type of property is this?
    Land - 1.7-Acre Commercial Lot in Cleveland, MS
    Where is this land located?
    The property is located at Cannon Rd Merigold, MS.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: 1.7± acre commercial lot in Sunset Estates, Bolivar County, MS.; Located at the corner of Cannon and Township Road, north of Cleveland, MS.; Utilities (water and power) available on-site.
    Request Owner's contact information
    Cannon Rd Merigold, MS 38732
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    Cannon Rd
    Merigold, 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    Cannon Rd Merigold, MS 38732
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