10th Avenue

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10th Avenue

Meridian, MS 39305
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Parcel available for purchase on 10th Avenue in Meridian
  • Land asset suitable for commercial or industrial project development
  • Strategically positioned within the established East Mississippi business corridor
  • Meridian serves as a key regional hub for regional commerce
  • Asset provides development potential within a growing local economy

What's Special

This land parcel on 10th Avenue in Meridian, Mississippi, represents a viable acquisition for investors or developers seeking a footprint in this growing East Mississippi market. Positioned within a key regional hub, the site benefits from the city's established infrastructure and its role as a crossroad for regional commerce. Meridian maintains a steady economic base anchored by healthcare, education, and manufacturing sectors that drive local demand for well-located real estate. The parcel provides sufficient flexibility for various commercial or industrial development applications, depending on local zoning regulations and site-specific utility requirements. The surrounding area connects easily to major regional transportation corridors, facilitating efficient logistics and access for business operations. Prospective buyers should perform their own due diligence regarding site-specific development potential, environmental conditions, and municipal oversight to align the property with specific project goals. This opportunity suits those looking to execute long-term capital projects in a historically stable and accessible submarket.

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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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