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    0000 Old 8Th Street Rd Meridian, MS 39307

    For Sale
    Contact for pricing

    High-Visibility Meridian, MS Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Discover a remarkable investment opportunity in Meridian, Mississippi. This special-purpose property, located at 0000 Old 8th Street Road, is priced affordably at $16,000. Its strategic location offers significant advantages. The property enjoys high visibility and a high traffic count due to its proximity to Highway 19 North, ensuring excellent exposure for any business. Furthermore, its convenient location near Meridian's Mississippi State University and Meridian Community College campuses provides a substantial pool of potential customers and employees. Easy access to major highways ensures convenient transportation for both customers and staff. The elevated building site offers additional benefits, potentially reducing site preparation costs and providing enhanced visibility. This compact property presents a unique chance to acquire a well-situated commercial asset in a growing area of Meridian, offering considerable potential for future development or immediate use. The property is located in Lauderdale County, Mississippi, with a zip code of 39307. The geographic coordinates are 32.3948997 latitude and -88.7734862 longitude. This is a rare opportunity to acquire a commercial property at an attractive price point in a desirable location.

    Property Features for 0000 Old 8Th Street Rd

    General Information

    Property type
    Specialty properties

    HighLights

    • $16,000 asking price for a Special Purpose property.
    • Located in Meridian, MS, at 0000 Old 8th Street Road, zip code 39307.
    • Conveniently located near Meridian's MSU and CCC campuses.
    • High visibility and high traffic count off Highway 19 North.
    • Easy access to major highways and elevated building site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Gym & Fitness Kitchen & Bath Cosmetics Store Plumbing Service Nursing Home Assisted Living Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.7734862
    Latitude
    32.3948997

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    FAQs

    What type of property is this?
    Specialty property - High-Visibility Meridian, MS Commercial Land
    Where is this specialty property located?
    The property is located at 0000 Old 8Th Street Rd Meridian, MS.
    What is the asking price?
    The asking price for this property is $16,000.
    What are key features of this property?
    This property features: $16,000 asking price for a Special Purpose property.; Located in Meridian, MS, at 0000 Old 8th Street Road, zip code 39307.; Conveniently located near Meridian's MSU and CCC campuses.
    Request Owner's contact information
    0000 Old 8Th Street Rd Meridian, MS 39307
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    Meridian, MS 39307
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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 Old 8Th Street Rd Meridian, MS 39307
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