1803 24th Avenue

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1803 24th 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 located at 1803 24th Avenue in Meridian.
  • Property situated within the 39301 zip code area of Mississippi.
  • Flexible interior layout suitable for various professional and corporate tenants.
  • Strategic regional location within an established Mississippi commercial submarket.
  • Asset is currently available for purchase by investors or owner-users.

What's Special

Professional services firms and administrative teams seeking a centralized workspace will find this traditional office building at 1803 24th Avenue a functional choice for their operations. Situated in Meridian, Mississippi, the property benefits from its position within a historic regional hub known for its diversified economic base and accessible transportation infrastructure. The facility provides a standard environment suited for legal practices, insurance agencies, or corporate satellite offices requiring established commercial presence in the 39301 zip code. Meridian serves as a significant intersection for regional commerce, providing employers access to a steady local labor pool and connectivity to major regional highways. The layout supports efficient floor plate utilization, allowing occupants to configure the interior to match specific business workflows. Investors and owner-occupants alike can leverage this location to secure a foothold in a growing market that balances traditional business functions with sustained local economic activity.

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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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