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    000 Interstate 20 / 59 Meridian, MS 39301

    Sponsored
    For Sale
    $3,050,000

    Prime 152.5-Acre Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 152.5-acre commercial property presents a significant investment opportunity in Meridian, Mississippi. Strategically located near the intersection of Interstates 20/59, Highways 39, 19, and 80, this site boasts unparalleled accessibility and visibility. The property's proximity to established businesses and amenities further enhances its appeal. Nearby attractions include numerous hotels and restaurants, Sam's Club, Bonita Lakes Mall, and Bonita Lakes Park, ensuring a robust customer base and high traffic volume. The property is classified as Special Purpose and is ideal for a wide range of commercial developments. The seller is open to dividing the land, offering flexibility for various project scales. This presents a rare chance to acquire a substantial parcel in a thriving Mississippi market. The asking price is $3,050,000. An additional 44 acres are available under a separate MLS listing (19-1314). Don't miss this chance to secure a prime location for your next commercial venture. Detailed site plans and further information are available upon request.

    Property Features for 000 Interstate 20 / 59

    General Information

    Property type
    Specialty properties
    Lot Size
    6,642,900 SF

    HighLights

    • $3,050,000 asking price.
    • 152.5‑acre special purpose commercial land parcel.
    • Meridian, MS location, near I‑20/59, Highways 39, 19, and 80.
    • High‑traffic area with nearby amenities including hotels, restaurants, Sam's Club, Bonita Lakes Mall, and Bonita Lakes Park.
    • Owner will consider dividing the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.5884957
    Latitude
    32.3932148

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    FAQs

    What type of property is this?
    Specialty property - Prime 152.5-Acre Development Site
    Where is this specialty property located?
    The property is located at 000 Interstate 20 / 59 Meridian, MS.
    What is the asking price?
    The asking price for this property is $3,050,000.
    What are key features of this property?
    This property features: $3,050,000 asking price.; 152.5-acre special purpose commercial land parcel.; Meridian, MS location, near I-20/59, Highways 39, 19, and 80.
    Request Owner's contact information
    000 Interstate 20 / 59 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
    000 Interstate 20 / 59 Meridian, MS 39301
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