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207 N Davis Ave Cleveland, MS 38732

Strip malls Google Maps
18,363 SF Built 1986
Entity Owned Absentee Owner Free & Clear
Estimated value
No estimation on file for this property yet.
Property ID US50-1439008

Property summary

AI-generated overview

Delta Square Shopping Center presents a prime retail opportunity in Cleveland, Mississippi. This 49,500 square foot, single-story Class B center, built in 1986 and renovated in 2024, boasts a highly desirable location at the corner of Sunflower Road and Davis Avenue, a bustling intersection with a combined daily traffic count of 37,000 vehicles. The center is anchored by Vowell's Marketplace, a major grocery store generating an impressive 461,000 annual visits, ensuring high foot traffic for all tenants. Currently, there are two available spaces, with a minimum divisible space of 900 square feet and a maximum contiguous space of 1,500 square feet. The property features a total of 13 suites and benefits from prominent pylon signage, ensuring excellent visibility. Recent improvements include a newly repaved and striped parking lot, enhancing the overall shopping experience. This grocer-anchored center offers exceptional visibility and access to a large customer base, making it an ideal location for a variety of retail businesses. The property is located in Bolivar County and offers a strong opportunity for businesses seeking high traffic and visibility in a thriving community. Contact us for more information and to schedule a tour.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Total area 18,363 SF
APN 33-21-390-00-00120-
UPID US50-1439008

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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