Mitchum Bottom Road

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Mitchum Bottom Road

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

AI Property Summary

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

  • Parcel spans 11.48 acres located in Meridian, Mississippi.
  • Land available for purchase along Mitchum Bottom Road.
  • Property sits within the growing Meridian regional submarket.
  • Expansive site suitable for industrial or commercial development projects.
  • Area geography supports strategic logistics and regional business operations.

What's Special

This 11.48-acre land parcel in Meridian, Mississippi, is currently available for purchase, providing a versatile opportunity for developers or investors focused on the growing regional economy of Lauderdale County. Positioned along Mitchum Bottom Road, the site offers significant acreage for those seeking a substantial footprint in a stable suburban market. Meridian maintains a central role in the regional logistics and manufacturing landscape of eastern Mississippi, supported by major transit corridors that facilitate commerce across the state. Prospective buyers might consider this acreage for industrial expansion, commercial development, or strategic land banking to align with the evolving infrastructure needs of the Meridian area. The property remains well-situated for entities looking to leverage the regional connectivity and favorable development climate found within this growing Mississippi hub. With ample space available, the site accommodates a range of potential site plans and long-term investment strategies tailored to professional business 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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