1627 23rd Avenue

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1627 23rd Avenue

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

AI Property Summary

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

  • Traditional office building totaling 5,323 square feet
  • Located on 23rd Avenue in Meridian Mississippi
  • Suitable for administrative or professional service firms
  • Positioned within a central Mississippi commercial corridor
  • Property is currently available for purchase

What's Special

Meridian serves as a vital economic hub in eastern Mississippi, providing strategic access for businesses operating within the region. Positioned along 23rd Avenue, this traditional office asset encompasses 5,323 square feet of space. The property is well-situated for professional services, administrative headquarters, or specialized medical practices seeking a functional workspace within the city limits. Local connectivity remains a primary advantage, as the area benefits from established infrastructure that supports a range of commercial activities. Investors and owner-occupants will find this site serves as a practical addition to a broader portfolio or a dedicated base for operations in a growing regional center. The building layout accommodates standard corporate requirements, allowing for flexible interior configurations based on tenant needs or business demands.

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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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