0000 Peden Road

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0000 Peden Road

Meridian, MS 39328
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Parcel encompasses 46.25 acres of land in Meridian
  • Property is situated at 0000 Peden Road in Mississippi
  • Site offers potential for industrial or commercial development projects
  • Asset benefits from proximity to major regional transit corridors
  • Location provides accessibility within the growing Meridian submarket

What's Special

Meridian serves as a key commercial hub in Eastern Mississippi, benefiting from its strategic position along the Interstate 20 and Interstate 59 corridors. This region functions as a significant transportation and logistics center, supporting a diverse industrial and retail economy. The area draws consistent interest from developers looking to capitalize on regional connectivity and accessibility to major logistics routes. Stretching across 46.25 acres at 0000 Peden Road, this parcel of land provides a substantial footprint for various development initiatives. Given the expansive size and location within this growing market, the property is well-suited for industrial, logistics, or large-scale commercial projects that require significant acreage for operations. Investors and developers can leverage the proximity to major thoroughfares to support distribution or manufacturing infrastructure. The site remains a practical candidate for entities seeking to establish or expand a presence within the Meridian submarket, where demand for well-positioned land continues to be supported by the city's established infrastructure and central geographic importance.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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