10th ave

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10th ave

Meridian, MS 39305
Asking Price
$150K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Parcel spans 1.68 acres located on 10th Avenue in Meridian
  • Asset is currently offered for sale at $150,000
  • Land situated in the 39305 zip code of Mississippi
  • Property coordinates are positioned at 32.3973, -88.6898
  • Versatile site suitable for a variety of development projects

What's Special

This 1.68-acre plot of land on 10th Avenue in Meridian, Mississippi, provides a flexible development opportunity for investors or businesses seeking space in the 39305 zip code. Situated within a growing regional hub, the site benefits from proximity to established transit corridors and local commercial infrastructure that supports Meridian's economy. The asset’s scale and location allow for diverse potential applications, ranging from light industrial storage to specialized commercial operations or ground-up construction projects tailored to the needs of the local market. Investors will find the dimensions of the property capable of accommodating various structural footprints while maintaining necessary site access. As Meridian continues to serve as a vital commercial nexus for the region, this land parcel remains a functional asset for entities looking to secure a foothold in a steady submarket. The site's positioning ensures connectivity to broader regional logistics networks, facilitating ease of transport and operations for prospective owners or future tenants.

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NOI
$80,000
Cap Rate
53.33%
DSCR
8.98
Strong
Cash-on-Cash
157.99%
Monthly Payment
$742.118
Annual Cash Flow
$71,094.582

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