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    1402 11Th Ave Meridian, MS 39301

    Sponsored
    For Sale
    $99,000

    High-Visibility Corner Lot, $99K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.37-acre commercial lot presents a unique investment opportunity in Meridian, Mississippi. Located at the highly visible corner of 11th Avenue and 14th Street, this property boasts significant traffic flow due to its position on a main artery leading to and from the city's downtown area. The lot dimensions measure 120 feet by 135 feet, providing ample space for development. Its strategic location offers unparalleled exposure and accessibility. The property is currently vacant, allowing for complete design flexibility to suit a variety of commercial ventures. Adding to its appeal, the lot enjoys proximity to significant healthcare facilities. Two major hospitals are situated less than half a mile away, and a Total Pain Care Clinic is conveniently located directly across the street. This prime location, combined with its size and visibility, makes this lot an ideal investment for entrepreneurs seeking a high-impact commercial presence in a thriving Meridian neighborhood. The asking price is $99,000. The property is classified as Special Purpose. The address is 1402 11th Avenue, Meridian, MS 39301, Lauderdale County.

    Property Features for 1402 11Th Ave

    General Information

    Property type
    Specialty properties
    Lot Size
    16,117 SF

    HighLights

    • 0.37‑acre commercial lot in Meridian, MS, priced at $99,000.
    • High‑visibility corner lot at 11th Avenue and 14th Street, offering significant traffic flow.
    • 120' x 135' lot dimensions, suitable for various commercial developments.
    • Vacant lot allowing for design flexibility.
    • Prime location near two major hospitals and a Total Pain Care Clinic.
    • Special Purpose classification.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.689391
    Latitude
    32.371031

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    FAQs

    What type of property is this?
    Specialty property - High-Visibility Corner Lot, $99K
    Where is this specialty property located?
    The property is located at 1402 11Th Ave Meridian, MS.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: 0.37-acre commercial lot in Meridian, MS, priced at $99,000.; High-visibility corner lot at 11th Avenue and 14th Street, offering significant traffic flow.; 120' x 135' lot dimensions, suitable for various commercial developments.
    Request Owner's contact information
    1402 11Th 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
    1402 11Th Ave Meridian, MS 39301
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