1816 24TH Avenue

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1816 24TH Avenue

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).

  • Special-purpose building located at 1816 24th Avenue in Meridian
  • Facility serves the functional requirements of community or institutional users
  • Property situated in the accessible Meridian municipal region of Mississippi
  • Versatile layout suitable for various professional or organizational applications
  • Asset benefits from regional connectivity in a primary East Mississippi hub

What's Special

This special-purpose property at 1816 24th Avenue in Meridian provides a versatile foundation for institutional, religious, or community-focused operations. The facility is situated within Meridian, a key economic hub in East Mississippi known for its established infrastructure and regional accessibility. Its location offers connectivity to the local thoroughfares serving the surrounding business community, making it suitable for organizations seeking a centralized site with distinct spatial requirements. Meridian functions as a primary transit and industrial center, supported by a workforce that benefits from the city's diverse economic base. The building layout allows for various configurations depending on operational needs, providing a practical environment for long-term use. Prospective buyers will find this asset well-positioned to serve the functional demands of its next occupant within the growing regional market.

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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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