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    814 22Nd Avenue Hts Meridian, MS 39301

    For Sale
    $1,350,000

    Downtown Meridian Office & Warehouse

    Property size:
    32,852 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional commercial property, located at 814 22nd Avenue in the heart of Downtown Meridian, Mississippi, presents a unique investment opportunity. Boasting a substantial 32,852 square feet of versatile space, this property seamlessly blends office and warehouse functionality. The building offers 18,006 square feet of office space and an additional 14,946 square feet of warehouse space, providing ample room for a variety of business operations. Its prime location offers multiple entrances and frontage on both 22nd Avenue and Constitution Avenue, ensuring high visibility and convenient access. The warehouse features covered loading and unloading areas, enhancing operational efficiency. The current tenant, the Meridian Star Newspaper, may be interested in continuing their tenancy under mutually agreeable terms. This property is ideally suited for a wide range of businesses and investors seeking a well-positioned, substantial commercial space in a thriving downtown area. The asking price is $1,350,000. The property's zip code is 39301, and it is situated in Lauderdale County. This is a rare opportunity to acquire a significant commercial property in a desirable location.

    Property Features for 814 22Nd Avenue Hts

    General Information

    Property type
    Specialty properties
    Square Feet
    32,852 SF

    HighLights

    • $1,350,000 asking price.
    • Special purpose property totaling 32,852 square feet.
    • Located at 814 22nd Avenue, Meridian, MS 39301.
    • Features 18,006 square feet of office space and 14,946 square feet of warehouse space.
    • Offers multiple entrances and frontage on 22nd Avenue and Constitution Avenue, including covered loading and unloading.
    • Currently occupied by the Meridian Star Newspaper, with potential for continued tenancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Hair Salon Wholesale Shop Auto Repair Shop Gym & Fitness Nail Salon 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
    -88.7000579
    Latitude
    32.365515

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    FAQs

    What type of property is this?
    Specialty property - Downtown Meridian Office & Warehouse
    Where is this specialty property located?
    The property is located at 814 22Nd Avenue Hts Meridian, MS.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: $1,350,000 asking price.; Special purpose property totaling 32,852 square feet.; Located at 814 22nd Avenue, Meridian, MS 39301.
    Request Owner's contact information
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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
    814 22Nd Avenue Hts Meridian, MS 39301
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