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    5700 Hills St Meridian, MS 39307

    For Sale
    $499,000

    Prime 5,920 SF Commercial Property

    Property size:
    5,920 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5,920 square foot special purpose building presents a unique investment opportunity in Meridian, Mississippi. Situated on a generous 3-acre lot at the highly visible corner of State Boulevard and North Hills Street, this property boasts a prime location with high traffic visibility and easy access. The building features an open main area upon entry, complemented by several individual office spaces, a fully equipped kitchen, and a comfortable sitting area. Ample parking is available in the large on-site lot, providing convenient access for employees and clients. The property's versatile layout offers a multitude of potential uses, making it an ideal choice for a variety of businesses. Its strategic location and substantial size make it a rare find in the Meridian commercial real estate market. The asking price is $499,000. The property's address is 5700 North Hills Street, Meridian, MS 39307. This is a must-see for discerning investors seeking a high-impact commercial property in a thriving location. Don't miss this chance to acquire a property with significant potential for growth and return on investment.

    Property Features for 5700 Hills St

    General Information

    Property type
    Specialty properties
    Square Feet
    5,920 SF
    Lot Size
    130,680 SF

    HighLights

    • $499,000 asking price.
    • 5,920 square foot Special Purpose building.
    • 3‑acre lot.
    • Located at 5700 North Hills Street, Meridian, MS 39307.
    • High‑traffic corner lot at State Blvd and North Hills St. with ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Caring Connections Adult ... Adult Day Care Center

    Suggested Use

    Restaurant Hotel & Motel Kitchen & Bath Electronics Store Computer & Electronic Repair Bed & Breakfast Plumbing Service Breakfast Adult Day Care Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.736546
    Latitude
    32.4085759

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    FAQs

    What type of property is this?
    Specialty property - Prime 5,920 SF Commercial Property
    Where is this specialty property located?
    The property is located at 5700 Hills St Meridian, MS.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: $499,000 asking price.; 5,920 square foot Special Purpose building.; 3-acre lot.
    Request Owner's contact information
    5700 Hills St 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
    5700 Hills St Meridian, MS 39307
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