Grand Avenue

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Grand Avenue

Meridian, MS 60707-1516
Asking Price
$400K
Asset Type
Land
Class
Class B

What's Special

Situated on Grand Avenue in Meridian, Mississippi, this parcel is positioned within a developed commercial and industrial corridor. The neighborhood is characterized by a mix of retail centers, light manufacturing facilities, and professional services. The property offers proximity to major local retailers and dining options, supporting high daytime traffic. Accessibility is a primary feature, as the site provides efficient connections to Interstate 20 and Highway 45, facilitating regional transit and logistical movement throughout the Southeast. The site is suited for development into a distribution hub, equipment storage facility, or a light industrial park. Its zoning and road frontage also permit use for specialized transit-oriented businesses or fleet parking. Ideal occupants include regional logistics providers, construction firms requiring yard space, or commercial developers seeking to capitalize on the area's established infrastructure. The flat topography supports a variety of build-to-suit configurations.

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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.982
Annual Cash Flow
$56,252.219

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