2544 Highway 8 Cleveland, MS 38732
- Land
- 3.15 lot acres
Current Use by Public Records
- Land
Property Details for 2544 Highway 8
- Lot size
- 3.15 lot acres
- Property type
- Land
Description
This 3.15-acre commercial land parcel, located at 2544 Highway 8 West in Cleveland, Mississippi (Bolivar County, zip code 38732), presents a compelling investment opportunity. Currently generating substantial passive income, the property includes four tenant-occupied trailers, each leased at $500 per month. Tenants are responsible for their own electricity costs, resulting in a consistent monthly rental income of approximately $2,000. The asking price for this income-producing property is $150,000. This represents a strong return on investment for buyers seeking a stable, cash-flowing asset in a desirable location. The property's convenient highway access enhances its appeal and potential for future development or expansion. Detailed financial records are available upon request. This is an exceptional opportunity to acquire a proven income-generating property with significant upside potential. The property's location in Bolivar County, Mississippi offers a stable market and strong potential for continued growth. Don't miss this chance to secure a profitable investment.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Bolivar
- State
- Mississippi
- Longitude
- -90.8259
- Latitude
- 33.7781
