4600 10th Avenue

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4600 10th Avenue

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 spans 3 acres of undeveloped land.
  • Located at 4600 10th Avenue in Meridian, Mississippi.
  • The site is positioned within the 39305 zip code.
  • Meridian serves as a prominent regional transportation hub.
  • The tract is suitable for commercial or industrial development.

What's Special

This 3-acre land parcel at 4600 10th Avenue in Meridian, Mississippi, provides a flexible site for development in a growing regional hub. Situated in a key area of the city, the property benefits from the infrastructure and steady economic environment characteristic of this part of Lauderdale County. The size of this tract makes it suitable for a variety of industrial, commercial, or storage-based use cases looking to establish a footprint within the local market. Meridian serves as a vital logistics and transportation crossroads for the region, offering direct access to major transit routes that connect the southeast. Investors and developers will find that the parcel dimensions allow for significant site planning flexibility to accommodate modern business operations. The surrounding infrastructure supports diverse commercial activities, positioning this land as a practical option for those seeking to expand or build within a well-established submarket.

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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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