0 Hwy 19 North

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0 Hwy 19 North

Meridian, MS 39307
Asking Price
$495K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel available for purchase at $495,000
  • Total site area comprises 1.2 acres of developable land
  • Strategically situated along the Hwy 19 North corridor
  • Located within the established commercial market of Meridian
  • Suitable for various retail or commercial development applications

What's Special

Priced at $495,000, this 1.2-acre commercial land parcel occupies a strategic position along Hwy 19 North in Meridian, Mississippi. The property provides direct exposure within a key regional corridor, benefiting from the consistent activity found throughout the Meridian market. This submarket serves as a central hub for east-central Mississippi, supporting a diverse range of commercial and logistics operations that leverage the local highway infrastructure for regional connectivity. Investors and developers will find this site suitable for a variety of commercial projects, ranging from retail developments to service-oriented business facilities. Its positioning allows for versatile land use planning within an established commercial landscape. The accessibility of the site makes it a practical choice for businesses seeking visibility and a functional footprint in this growing area. Whether planning a new build or securing a site for future capital investment, this parcel offers a clear pathway for commercial development in a well-trafficked corridor.

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NOI
$80,000
Cap Rate
16.16%
DSCR
2.72
Strong
Cash-on-Cash
34.08%
Monthly Payment
$2,448.99
Annual Cash Flow
$50,612.121

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