496 Cleveland Crossing Rd Cleveland, MS 38732
This exceptional 9.83-acre commercial property in Bolivar County, Mississippi, presents a unique investment opportunity. Located just outside Cleveland, MS, at 496 Cleveland Crossing Rd, zip code 38732, the property boasts a substantial 2,900 square foot brick home built in 2007. This residence features four bedrooms, two and a half bathrooms, and ample walk-in closets. The open-concept design seamlessly integrates the living area, kitchen (equipped with stainless steel appliances and granite countertops), and a sunroom, ideal for both family living and entertaining. Modern updates include a new composite shingle roof, a generator for reliable power, a sprinkler system for efficient landscaping, and a fenced backyard for privacy. Adding to the property's versatility are two metal buildings: a 1,200 square foot structure with electricity and a larger 2,500 square foot building equipped with electricity, water, and sewer connections, both situated on concrete slabs. This property offers a compelling blend of residential comfort and significant commercial potential, making it an attractive investment at an asking price of $575,000. The property's location near Cleveland provides convenient access to local amenities and infrastructure.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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