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Property profile & analytics
OFF-MARKET
Land

1301 Memorial Dr Cleveland, MS 38732

44.5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 44.5 ac (1,938,420 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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