2819 20th Street

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2819 20th Street

Meridian, MS 39301
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • The site encompasses a total land area of 9,525 acres.
  • This parcel is designated for commercial development use cases.
  • Property is situated in the city of Meridian, Mississippi.
  • The land is available for purchase in a central location.
  • Geographic coordinates are listed as 32.3778 and -88.7073.

What's Special

Meridian functions as a central commercial hub within east Mississippi, benefiting from its strategic position along key regional transportation corridors. This 9,525-acre land parcel located at 2819 20th Street offers significant potential for various commercial developments in a growing submarket. The expansive site provides sufficient space for businesses looking to establish a footprint in the local economy, which is supported by a mix of retail, manufacturing, and logistics industries. Investors and developers can leverage the sheer scale of this property to accommodate large-scale commercial projects or multi-use developments tailored to the needs of the surrounding community. Its accessibility and prominence within the city make it a viable candidate for diverse business operations, ranging from industrial applications to expansive retail infrastructure designed for high-volume service. The site remains well-positioned to capitalize on the ongoing commercial evolution of the area.

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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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