Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1204 Constitution Ave Meridian, MS 39301

    For Sale
    $475,000

    Prime Medical Office Building & Lot

    Property size:
    900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity in Meridian, Mississippi, presents two parcels totaling 0.18 acres at 1204 and 1216 Constitution Avenue. The property includes a vacant 900-square-foot Class B medical office building and an adjacent vacant lot, both ideally situated for immediate development or redevelopment. The asking price is $475,000, translating to $527.78 per square foot. Currently vacant, this property offers a unique chance to acquire the last two available parcels on the block in a high-traffic area with dense demographics. The building is zoned B-5 by the City of Meridian. Its convenient location offers easy access to Anderson Hospital and Ochsner Hospital, making it an attractive proposition for medical professionals or related businesses. The combined property presents a compelling investment opportunity for those seeking a strategic foothold in a thriving downtown Meridian location. The property's vacant status allows for immediate customization and development to suit a wide range of medical or related uses. This is a rare chance to acquire a significant presence in a desirable and rapidly developing area. The high traffic counts and proximity to major medical facilities ensure strong potential for future growth and return on investment.

    Property Features for 1204 Constitution Ave

    General Information

    Property type
    Medical offices
    Square Feet
    900 SF
    Class
    B

    HighLights

    • 0.18‑acre Meridian, MS investment opportunity: two parcels (1204 & 1216 Constitution Ave) including a 900 sq ft vacant Class B medical office building and adjacent vacant lot.
    • Asking price: $475,000 ($527.78/sq ft).
    • Last two available parcels on a high‑traffic block in a densely populated area.
    • B‑5 zoning; convenient access to Anderson & Ochsner Hospitals.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.699323609085
    Latitude
    32.36940673728

    Nearby Similar for Sale

    • $1,500,000
      62.00 Acres

      Sprawling Fenced Estate in Meridian

      Luxurious estate with main residence, guest house, and amenities.
      1600 22Nd Avenue Hts, Meridian, MS 39301
      View Details
    • $2,250,000
      5,986 SF

      Established Retail Business For Sale

      Long-standing gun and outdoor retail business with real estate and inventory.
      3505 8Th Street Ext, Meridian, MS 39301
      View Details
    • $149,000
      735 SF

      Commercial Building on Highway 19N

      Well-maintained commercial building with high traffic and secure workspace.
      420 N 19Th St, Meridian, MS 39301
      View Details
    • $123,000

      Meridian, MS Church For Sale

      Church in the Southeast area, potential for barndominium conversion.
      1792 Ms-496, Meridian, MS 39301
      View Details
    • $35,000
      0.26 Acres

      Meridian Office Building For Sale

      Commercial building with multiple office areas and large backyard.
      4717 8Th Street Ext, Meridian, MS 39301
      View Details
    • $60,000
      4,000 SF

      Versatile Warehouse with Office/Showroom Space

      Metal warehouse with showroom/office, shop space, and roll-up door.
      3406 5Th St, Meridian, MS 39301
      View Details

    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Building & Lot
    Where is this medical office located?
    The property is located at 1204 Constitution Ave Meridian, MS.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 0.18-acre Meridian, MS investment opportunity: two parcels (1204 & 1216 Constitution Ave) including a 900 sq ft vacant Class B medical office building and adjacent vacant lot.; Asking price: $475,000 ($527.78/sq ft).; Last two available parcels on a high-traffic block in a densely populated area.
    Request Owner's contact information
    1204 Constitution Ave Meridian, MS 39301
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1204 Constitution Ave
    Meridian, MS 39301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1204 Constitution Ave Meridian, MS 39301
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.