1600 24th Avenue

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1600 24th Avenue

Meridian, MS 39301
Asking Price
Contact for price
Asset Type
Medical Office Office
Class
Class B

AI Property Summary

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

  • Located at 1600 24th Avenue in Meridian, Mississippi.
  • The medical office building offers 4,290 square feet.
  • This asset is currently available for purchase.
  • Property is situated within a stable regional commercial hub.
  • Well-suited for various medical or professional office uses.

What's Special

This medical office building spans 4,290 square feet and sits at 1600 24th Avenue in Meridian, Mississippi. As a key commercial hub in the region, Meridian maintains a stable economy supported by its proximity to major transportation corridors and a steady regional population. The property is well-positioned for healthcare providers or administrative practices seeking to establish or expand their footprint in this accessible market area. Given the layout and professional designation, the space serves as a functional setting for medical consultations, diagnostic services, or specialized outpatient care operations. Investors and operators often view this submarket as a strategic location due to its established infrastructure and consistent demand for professional services across the state. The site provides a straightforward solution for businesses requiring a dedicated medical facility with efficient square footage in an active municipal corridor.

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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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