217 22nd Avenue

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217 22nd Avenue

Meridian, MS 39301
Asking Price
Contact for price
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

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

  • Industrial warehouse property available for purchase in Meridian
  • Located at 217 22nd Avenue in the 39301 zip code
  • Facility serves as a versatile space for various industrial uses
  • Meridian offers critical access to regional rail and highway networks
  • Positioned near central Meridian for efficient local distribution logistics

What's Special

217 22nd Avenue is an industrial warehouse situated in Meridian, Mississippi. This property provides functional space suited for various logistical, manufacturing, or distribution requirements. Meridian serves as a significant regional hub, benefitting from its strategic position at the intersection of major rail lines and interstate highways, which facilitates efficient goods movement across the Southeast. Industrial users in this submarket leverage the connectivity of the local infrastructure to support regional supply chains and warehouse operations. The asset occupies a central location within the city, making it a viable choice for businesses requiring proximity to urban service centers and regional transportation corridors. Whether seeking a facility for storage, light assembly, or distribution, this site offers the operational capacity necessary to support diverse industrial business needs.

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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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