00 N North Hills Street

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00 N North Hills Street

Meridian, MS 39301
Asking Price
$69K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel spans 12 acres for development
  • Located on N North Hills Street in Meridian
  • The site is currently offered for sale at $69,000
  • Prime location within a developing Mississippi commercial hub
  • Substantial acreage accommodates diverse commercial or retail uses

What's Special

This 12-acre commercial land parcel sits on N North Hills Street in Meridian, Mississippi. Positioned within a key regional hub, the site offers significant space for various development projects, including potential commercial or retail expansions. Meridian serves as a vital economic center for East Mississippi, benefiting from proximity to major transportation corridors and a steady population base. Developers and investors can utilize this expansive acreage to capitalize on the ongoing growth within the local market. The property provides a blank slate for those looking to establish a footprint in a prominent area of the city, suitable for a range of commercial applications that require substantial square footage.

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NOI
$80,000
Cap Rate
115.94%
DSCR
19.53
Strong
Cash-on-Cash
366.68%
Monthly Payment
$341.374
Annual Cash Flow
$75,903.508

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