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Property profile & analytics
OFF-MARKET
Commercial real estate

1001 Martin Luther King Dr Cleveland, MS 38732

3,961 SF 1 ac lot Built 1986
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Year built 1986
Total area 3,961 SF
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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