Tbd Mississippi 493

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

Tbd Mississippi 493

Meridian, MS 39305
Asking Price
$250K
Asset Type
Land
Class
Class B

What's Special

Located along Mississippi Highway 493 in Meridian, this undeveloped land sits within a corridor characterized by a blend of residential pockets and light commercial activity. The property offers direct frontage on a secondary state highway, providing straightforward access to the regional transportation network, including proximity to Highway 45 and the Interstate 20/59 junction. Nearby amenities include local retail centers, schools, and established healthcare facilities, positioning the site within reach of essential urban infrastructure while maintaining a suburban-rural transition feel. The site is suited for various development opportunities, ranging from low-density residential projects to neighborhood-scale commercial or office use. Its topography and highway visibility make it a practical option for a developer seeking a shovel-ready footprint for a small-to-midsize commercial venture. Potential tenants or owner-users would likely include local service providers, medical practitioners, or investors interested in long-term land banking within the growing Meridian metropolitan area.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
32.00%
DSCR
5.39
Strong
Cash-on-Cash
86.88%
Monthly Payment
$1,236.864
Annual Cash Flow
$65,157.637

Location & Travel Times