1301 Memorial Dr Cleveland, MS 38732
- Land
- 44.50 lot acres
Current Use by Public Records
- Land
Property Details for 1301 Memorial Dr
- Lot size
- 44.50 lot acres
- Property type
- Land
Description
This exceptional 44.5-acre commercial property in Bolivar County, Mississippi, presents a unique investment opportunity. Located within the Cleveland city limits at 1301 Memorial Drive, zip code 38732, this expansive tract offers diverse income potential. Approximately 35 acres are currently leased to a farmer, generating consistent agricultural revenue. An additional 10 acres are leased to a radio and cable company, utilizing two existing towers on the site for their operations. This dual-income stream provides immediate return on investment. The property also benefits from an existing easement from Memorial Drive, ensuring convenient access. The strategic location within a growing city like Cleveland suggests future development potential, potentially opening avenues for residential or commercial expansion. The asking price for this remarkable property is $250,000. This is a rare chance to acquire a substantial land holding with established income and significant upside potential. The property's size and location make it an attractive investment for both short-term and long-term growth. Don't miss this opportunity to secure a piece of Cleveland's future.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Bolivar
- State
- Mississippi
- Longitude
- -90.7268
- Latitude
- 33.7258
