$950,000

211 N Chrisman Ave Cleveland, MS 38732

Estimated payment $5,923/month

0.68 Acre
$1,397,059 Price per Acre
29,621 Sq Ft Lot

About This Lot

If you are a commercial investor looking to expand your portfolio, check out this 15,093 square foot commercial building in Bolivar County, MS. The building is located at 504 North Chrisman Avenue in downtown Cleveland and is occupied by the Mississippi Division of Medicaid. A new five-year lease was signed on August 1, 2024, and it expires July 31, 2029. In 2012, an 8,000 square foot portion underwent a renovation to meet the needs of the current tenant. The remaining space is currently being used as storage by the owner but could be renovated and leased to a second tenant. The paved parking lot, which offers 18,000 square feet, was recently re-striped. This offering is ideal for an investor seeking low risk, low management, and a capitalization rate of approximately 9.2%. If you are interested in an income-producing commercial real estate property, give Billy Carpenter or Henry Mosco a call today.

Location:

504 N Chrisman Avenue
Cleveland, MS 38751
Bolivar County

Coordinates:

33.7464, -90.71877

Tax Information:

2024 - $11,070.84
Parcel #: 33-21-030-20-00100

Property Use:

Investment
Storage

Property Information:

0.68 Acre Lot
15,093 SqFt Commercial Building
8,000 SqFt Leased Through July 2029
7,093SqFt Storage Space
18,000 SqFt Paved Parking Area
Offices, Breakroom, Conference Room, File Room
New Roof in 2024
Remodeled in 2012

Listing Agent

Billy Carpenter

Smalltown Hunting Properties & Real Estate License #58759 Listed on: 07/28/2025

Listing Provided By

Property Details

Property Type

  • Land

Lot Details

  • Current uses include commercial
  • Potential uses include for development

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Office Phone: 662-820-2007
  • Listing Website: https://www.land.com/property/0.68-acre-in-bolivar-county-mississippi/24269985/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: For Development
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Lot Info

  • Current Use: Commercial

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2025 07/28/25 For Sale $950,000 -- --

About the Listing Agent

Billy Carpenter
Billy Carpenter

Smalltown Hunting Properties & Real Estate

(662) 820-2007

Section Image

Billy was born and raised in Leland, Mississippi where he found a great love for the outdoors. He spent most summers working on a rice and soybean farm. In 2008, Billy received a Bachelor’s degree in AgriBuiness from Mississippi State University. After graduation, he worked with the USDA Risk Management Agency for 6 years in Flowood, but always knew he wanted to return home. Billy has been servicing the Mississippi Delta since 2014 as a Crop Insurance agent. He also volunteers with the

View Billy's Profile

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Mississippi Bolivar County Cleveland 38732

211 N Chrisman Ave, Cleveland, MS

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Billy Carpenter
Billy Carpenter
Listing Agent Section Image
Smalltown Hunting Properties & Real Estate
(662) 820-2007