1800 5th Street

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1800 5th Street

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).

  • The property is located in the city of Meridian, Mississippi.
  • This special-purpose building contains 8,793 square feet of space.
  • The site is situated at the address 1800 5th Street.
  • The asset occupies a central location within the local community.
  • The interior layout accommodates a variety of professional business uses.

What's Special

Meridian serves as a vital economic hub in eastern Mississippi, supported by diverse regional industries and strategic proximity to major interstate corridors. Situated at 1800 5th Street, this 8,793 square foot special-purpose facility occupies a central position within the local market. The property provides a versatile footprint suitable for various commercial applications, allowing owners or tenants to adapt the floor plan to meet specific operational requirements. Given its location in a well-established urban area, the building benefits from accessibility to the surrounding municipal infrastructure and the broader business community. Institutional and private investors often seek assets of this nature for their potential to accommodate specialized uses that require a distinct layout. The current layout offers sufficient square footage to support administrative, assembly, or professional service functions. Potential occupants will find the site provides a functional base of operations within a city known for its historic downtown and growing commerce sector.

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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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