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).

  • Vacant land parcel located on 40th Court in Meridian Mississippi
  • Strategically positioned near major transportation routes in the region
  • Suitable site for industrial warehousing or commercial development projects
  • Located within the stable economic landscape of Lauderdale County
  • Accessible lot ready for development in a growing submarket

What's Special

Meridian serves as a vital economic hub in eastern Mississippi, anchored by a diverse industrial sector and steady regional infrastructure. This land parcel situated on 40th Court offers direct access to a growing market environment characterized by its strategic location between major interstate corridors. The property provides a blank canvas for development, catering to investors or businesses seeking to establish a footprint in this accessible Mississippi submarket. Given its position within the local grid, the site is well-suited for industrial expansion, warehousing, or commercial development requiring proximity to Meridian's core transport arteries. Local economic conditions remain stable, supported by regional logistics and manufacturing employers. Developers may find this location practical for projects that require functional space and connectivity to the broader state economy. The site represents a clear opportunity for those looking to capitalize on land development within an established regional center.

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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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