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    200 26Th Ave Meridian, MS 39301

    For Sale
    $950,000

    34,000 SF Special Purpose Building

    Property size:
    34,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 34,000 square foot special purpose building presents a compelling investment opportunity in Meridian, Mississippi. Located at 200 26th Avenue, this expansive property occupies an entire city block, with additional land behind offering significant expansion potential. The brick and concrete block structure boasts a range of features ideal for various businesses, including ample warehouse space, convenient shipping and receiving capabilities, and substantial office areas. Specifically, the property includes two dock doors equipped with lift plates/levelers, facilitating efficient loading and unloading. Internal features include a dedicated conference room, three separate office areas, a large office space with a walk-in safe, and a sizable raw inventory warehouse enhanced by three wall-mounted ventilation fans. The property's strategic location in the heart of Meridian, coupled with its substantial size and versatile layout, makes it an attractive prospect for businesses seeking to establish a strong presence or expand their operations. The asking price for this unique property is $950,000. The property's zip code is 39301, and it is situated in Lauderdale County.

    Property Features for 200 26Th Ave

    General Information

    Property type
    Specialty properties
    Square Feet
    34,000 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Meridian Mattress Factory ... Mattress Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.7000727
    Latitude
    32.3583756

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    FAQs

    What type of property is this?
    Specialty property - 34,000 SF Special Purpose Building
    Where is this specialty property located?
    The property is located at 200 26Th Ave Meridian, MS.
    What is the asking price?
    The asking price for this property is $950,000.
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    200 26Th Ave Meridian, MS 39301
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    Meridian, MS 39301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 26Th Ave Meridian, MS 39301
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