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).

  • Parcel covers approximately 0.68 acres of developable land.
  • Property is situated on 40th Court in Meridian, Mississippi.
  • Asset provides potential for various commercial or industrial uses.
  • Location offers regional connectivity within the East Mississippi market.
  • Site is currently available for purchase by interested investors.

What's Special

This 0.68-acre land parcel occupies a site on 40th Court in Meridian, Mississippi. Positioned within a well-established regional hub, the property benefits from the city's strategic role in local commerce and transportation. Meridian serves as a significant economic center for East Mississippi, providing a steady environment for development and business operations. The land offers flexibility for potential investors and developers seeking to establish a footprint in this growing market area. Given the asset type and its placement, the site is suitable for various commercial or light industrial use cases that align with local zoning and infrastructure capabilities. Access to major regional thoroughfares ensures connectivity to surrounding communities and the broader metro area, making this a viable prospect for those evaluating expansion or new development projects in the 39305 zip code.

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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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