1800 Cheryl StClarksdale, MS 38614

Property Details for 1800 Cheryl St

Year built

1985

Lot size

1.00 AC

Property size (Sq ft)

3,263 SF

Property type

Office properties

APN

323 191620000 0001500

APU

3231916200000001500

Description

This exceptional 3,080 square foot medical office building presents a unique investment opportunity in Clarksdale, Mississippi. Situated on a one-acre corner lot, this property benefits from high visibility and convenient access. The building has undergone a complete renovation, making it move-in ready for immediate occupancy. All existing medical equipment and furnishings are included in the sale, representing a significant value-add for the buyer. This turnkey solution eliminates the need for costly upfront investments in equipment and furniture. Two large storage containers are also included on the property, providing ample space for supplies or additional storage needs. The building's prime location near the local hospital ensures a steady stream of potential patients and clients. This property is ideal for a variety of medical practices or businesses seeking a well-equipped and conveniently located space. The asking price of $300,000 reflects the exceptional value and turnkey nature of this offering. This is a rare opportunity to acquire a fully equipped and renovated medical facility in a desirable location. Don't miss out on this chance to own a thriving business asset. Contact us today to schedule a showing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $470,147

  6.5%

  $433,981

  7%

  $402,983

• Comparable approach

  Method

  Valuation

  Relative Method

  $237,593

  Geo Method

  $254,383

• Alternative Use

  Use

  Valuation

  Residential

  $538,137

  Hospitality

  $492,931

  Educational

  $410,112

  Medical

  $424,217

  Retail

  $637,953

Location Insight

City

Clarksdale

County

Coahoma

State

Mississippi

Latitude

34.1949

Longitude

-90.5536

CBSA code

17260

CBSA name

CLARKSDALE, MS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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