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    0000 12Th St Meridian, MS 39301

    Sponsored
    For Sale
    $400,000

    Prime Medical Office Location, $400,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial lot, priced at $400,000, presents a unique investment opportunity in Meridian, Mississippi. Situated on the corner of 21st Avenue and 12th Street, this property boasts an unparalleled location directly across the street from the South Campus of Anderson Regional Hospital. The strategic placement makes it ideally suited for medical office development, offering immediate access to a substantial patient base and a high-traffic area. The property is classified as Special Purpose and is located in Lauderdale County, Mississippi, with a zip code of 39301. Its precise coordinates are 32.3688216 latitude and -88.6993557 longitude. Given its proximity to a major medical facility, this lot presents a compelling opportunity for investors seeking high-return potential in a thriving healthcare market. The high visibility and convenient access afforded by its corner location further enhance its desirability. This is a rare chance to acquire a strategically positioned commercial lot in a rapidly growing area, offering significant potential for future development and substantial returns. The asking price reflects the exceptional value and prime location of this property. Serious inquiries are encouraged.

    Property Features for 0000 12Th St

    General Information

    Property type
    Specialty properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -88.6993557
    Latitude
    32.3688216

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    FAQs

    What type of property is this?
    Specialty property - Prime Medical Office Location, $400,000
    Where is this specialty property located?
    The property is located at 0000 12Th St Meridian, MS.
    What is the asking price?
    The asking price for this property is $400,000.
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    0000 12Th St 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
    0000 12Th St Meridian, MS 39301
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