1921 24th Avenue

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1921 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 asset located at 1921 24th Avenue in Meridian.
  • The building interior features a total of 2,798 square feet.
  • Well suited for professional firms, consultancies, or administrative office use.
  • Meridian serves as a key commercial hub for East Mississippi.
  • Property is currently positioned for acquisition within the local market.

What's Special

Spanning 2,798 square feet, this traditional office property at 1921 24th Avenue provides a functional workspace in Meridian, Mississippi. The site occupies a strategic position within the city, benefiting from proximity to established local infrastructure and the broader regional commerce hubs of the East Mississippi area. Meridian serves as a vital economic node for the region, characterized by its history as a transportation and industrial center, which supports a diverse mix of professional services and small business activity. The layout of this structure lends itself well to professional firms, administrative operations, or boutique consultancy practices seeking a dedicated office footprint. Its configuration allows for flexible internal arrangements to suit specific business workflows. Potential occupiers will find the location accessible to primary transport corridors, facilitating movement for clients and staff within the local municipality and the surrounding submarket.

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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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