3029 N Hwy 45

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3029 N Hwy 45

Meridian, MS 39301
Asking Price
$199K
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

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

  • Industrial warehouse facility available for purchase in Meridian.
  • The property is listed at an asking price of $199,000.
  • Located along the North Highway 45 commercial corridor.
  • Strategically positioned within the Meridian industrial submarket.
  • Suitable for distribution, light manufacturing, or general storage use.

What's Special

Priced at $199,000, this industrial warehouse facility provides a functional footprint for businesses seeking space in Meridian, Mississippi. The property is situated along North Highway 45, offering direct access to primary transit corridors in this established regional hub. Meridian serves as a critical junction for rail and highway logistics, benefiting from its strategic positioning between major metropolitan markets in the Deep South. The site facilitates various industrial operations, including light manufacturing, product distribution, or specialized storage needs. Its location allows for efficient movement of goods across the surrounding region, supported by the connectivity provided by the local infrastructure. Given the layout and industrial zoning context common to this area, the facility presents a practical acquisition for investors or owner-operators focused on supply chain stability. The asset provides a straightforward opportunity to secure a physical footprint within an accessible corridor of the Meridian industrial landscape.

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NOI
$80,000
Cap Rate
40.20%
DSCR
6.77
Strong
Cash-on-Cash
114.21%
Monthly Payment
$984.543
Annual Cash Flow
$68,185.479

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