King Road

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King Road

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 parcel encompasses a total of 12.33 acres of land.
  • Property is situated on King Road in Meridian, Mississippi.
  • Located within a significant commercial hub along the I-20 corridor.
  • Development potential includes industrial, commercial, or logistical business uses.
  • The site features accessibility to regional transportation routes and major highways.

What's Special

This 12.33-acre land parcel resides on King Road in Meridian, Mississippi. The property occupies a strategic position in a region known for its role as a regional commerce and industrial hub in East Mississippi. With its expansive acreage, the site provides substantial flexibility for various development strategies, including light industrial projects, commercial facilities, or logistics-oriented operations. The area benefits from proximity to key regional transportation infrastructure, which supports the movement of goods and services throughout the I-20 corridor. Investors and developers seeking to establish a footprint in a stable southern market will find the size and location of this land well-suited for a range of professional or business-related land uses. Proximity to major thoroughfares ensures connectivity for any future site operations.

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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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