1402 11th Avenue

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1402 11th Avenue

Meridian, MS 39301
Asking Price
$99K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land asset spanning 0.37 acres for development
  • The site is priced at 99000 dollars total
  • Property is situated at 1402 11th Avenue in Meridian
  • Located within a central commercial submarket in Mississippi
  • The land supports versatile commercial business use cases

What's Special

This commercial land covers 0.37 acres and is available for purchase at 1402 11th Avenue in Meridian, Mississippi. Positioned within a key regional hub of East Mississippi, the parcel benefits from the connectivity provided by the city's established infrastructure and proximity to major interstate routes. The surrounding area supports a diverse economic base, combining industrial, retail, and healthcare interests characteristic of this growing suburban market. Investors and developers can evaluate this property for various commercial applications. The site allows for strategic utilization given its location near local thoroughfares, making it suitable for businesses seeking accessible ground for development. Whether planning for retail storefronts, office expansion, or service-based commercial operations, the plot provides a functional footprint for projects requiring proximity to the Meridian downtown district and regional transit corridors.

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NOI
$80,000
Cap Rate
80.81%
DSCR
13.61
Strong
Cash-on-Cash
249.57%
Monthly Payment
$489.798
Annual Cash Flow
$74,122.424

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