3612 Highway 61Cleveland, MS 38732

Property Details for 3612 Highway 61

Year built

2003

Property size (Sq ft)

6,300 SF

Property type

Auto shops

APN

33-09-600-00-00400-

APU

33096000000400

Description

This exceptional 6,000 square foot storefront, located at 3612 Highway 61 N in Cleveland, Mississippi (zip code 38732), presents a remarkable opportunity for business owners. Currently priced at $575,000, this move-in ready property boasts ample space and convenient features. The all-metal building offers central heating and air conditioning, and is strategically designed with 1,680 square feet of showroom and office space, complete with a kitchenette and two restrooms. Two overhead doors seamlessly connect the showroom to a spacious 4,320 square foot shop area, further enhanced by three additional overhead doors. The property also features extensive concrete parking, providing convenient access for customers and employees. Security is ensured with a comprehensive alarm and video surveillance system already in place. This blank canvas awaits your vision, offering the perfect blend of functionality and location in Bolivar County, Mississippi. The property's highway frontage ensures high visibility and accessibility, making it an ideal location for a variety of retail businesses. Don't miss this chance to establish your business in this well-positioned and versatile commercial space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,334,363

  6.5%

  $1,231,720

  7%

  $1,143,740

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,183,691

  Geo Method

  $1,237,693

• Alternative Use

  Use

  Valuation

  Residential

  $1,039,002

  Hospitality

  $951,720

  Educational

  $791,820

  Medical

  $819,052

  Retail

  $1,231,720

Location Insight

City

Cleveland

County

Bolivar

State

Mississippi

Latitude

33.7672

Longitude

-90.7151

CBSA code

17380

CBSA name

CLEVELAND, MS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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