999999 Old Hwy 45N

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999999 Old Hwy 45N

Meridian, MS 39301
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • The site spans a total of 15 acres of land
  • Located on Old Hwy 45N within Meridian, Mississippi
  • Commercial-zoned land ideal for retail or distribution operations
  • Strategically positioned within a key Mississippi regional trade hub
  • Offers significant development potential for diverse commercial business uses

What's Special

Development of this 15-acre parcel on Old Hwy 45N in Meridian provides a strategic position for commercial operations looking to leverage the regional connectivity of the area. This substantial tract of land offers significant utility for various commercial uses, ranging from large-scale retail projects to logistics or distribution facilities that require direct roadway access. Meridian serves as a vital economic hub in eastern Mississippi, supported by its role as a transportation corridor and a center for regional trade and healthcare services. Investors and business owners seeking land for expansion will find the size and location of this property suitable for long-term growth strategies within the local market. The site features the necessary scale to accommodate complex site plans while benefiting from the established commercial character of the surrounding highway corridor.

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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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