207 Davis AveCleveland, MS 38732

Property Details for 207 Davis Ave

Year built

1986

Property size (Sq ft)

18,363 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

33-21-390-00-00120-

APU

33213900000120

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $3,889,351

  6.5%

  $3,590,170

  7%

  $3,333,730

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,450,201

  Geo Method

  $3,607,580

• Alternative Use

  Use

  Valuation

  Residential

  $3,028,443

  Hospitality

  $2,774,038

  Educational

  $2,307,967

  Medical

  $2,387,341

  Retail

  $3,590,170

Location Insight

City

Cleveland

County

Bolivar

State

Mississippi

Latitude

33.7464

Longitude

-90.7169

CBSA code

17380

CBSA name

CLEVELAND, MS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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