40th Court

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40th Court

Meridian, MS 39305
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The property consists of 0.5 acres of land.
  • Located at 40th Court in Meridian, Mississippi.
  • The site sits within the 39305 zip code.
  • Positioned in a regional hub with transportation access.
  • Suitable for various development projects based on local zoning.

What's Special

This 0.5-acre parcel of land is positioned on 40th Court in Meridian, Mississippi. The site occupies a strategic footprint within a established regional hub known for its role as a crossroad for major transportation routes and diverse economic activity. Meridian maintains a steady business climate, supported by proximity to key infrastructure and a consistent regional workforce. Prospective buyers might consider this lot for various development initiatives consistent with local land use regulations. Its size and accessibility make it a practical choice for investors seeking a foothold in the 39305 zip code area. Given the regional demand for flexible ground space, this property presents a straightforward acquisition for those looking to expand or establish operations within this Mississippi 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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