Joe Thomas Road

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Joe Thomas Road

Meridian, MS 39307
Asking Price
Contact for price
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The land comprises 60 acres located in Meridian Mississippi.
  • This parcel offers flexible development options for industrial or agricultural use.
  • Property access is available directly via Joe Thomas Road.
  • The site is located at coordinates 32.2304 and -88.7328.
  • Meridian serves as a key economic hub for eastern Mississippi.

What's Special

This 60-acre parcel on Joe Thomas Road provides substantial land area suitable for agricultural development, large-scale industrial projects, or residential expansion in Meridian. The site serves as a versatile holding within Mississippi, situated in a region defined by its expanding logistics corridors and access to major regional transportation routes. Meridian maintains a steady economic profile, benefiting from its history as a central hub for commerce and manufacturing in the eastern part of the state. Investors and developers can evaluate this acreage for various long-term projects given the expansive site dimensions. The terrain offers flexibility for specialized land use applications that require significant square footage outside of high-density metropolitan cores. With its strategic positioning near primary infrastructure, the property functions as a functional asset for entities looking to establish a presence within the local market landscape.

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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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