1305 22ND Avenue

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1305 22ND Avenue

Meridian, MS 39301
Asking Price
Contact for price
Asset Type
Special-purpose
Class
Class B

AI Property Summary

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

  • Special-purpose property located at 1305 22nd Avenue in Meridian
  • Building encompasses a total area of 1,952 square feet
  • Available for sale to investors or owner-occupant business buyers
  • Situated in a central submarket within the Mississippi region
  • Flexible facility layout suitable for various community or commercial uses

What's Special

This special-purpose property in Meridian, Mississippi, is currently available for sale and presents a functional space for a variety of organizational or commercial requirements. Comprising 1,952 square feet, the building offers a footprint suitable for buyers seeking a specialized facility in this key regional hub. Meridian serves as a significant economic crossroads in East Mississippi, benefiting from its historical status as a center for trade and transportation. The city maintains a steady market environment supported by its position along major rail and interstate arteries, making it an accessible location for businesses that prioritize connectivity and local commerce. Prospective owners could utilize this site for community services, religious organization headquarters, or adaptive commercial operations that require a flexible interior layout. The central location within the 39301 zip code ensures proximity to established infrastructure and neighborhood services, providing a stable setting for long-term operational needs. This offering is well-positioned for an investor or end-user looking to acquire a manageable facility in a growth-oriented 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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