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    0000 Virginia Dr Meridian, MS 39301

    For Sale
    $975,000

    18.56 Acres Near Uptown Mall; High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 18.56-acre commercial land parcel presents a unique investment opportunity in Meridian, Mississippi. Strategically located adjacent to the bustling Uptown Meridian Mall, this property enjoys unparalleled visibility and accessibility. Its prime location offers immediate proximity to a wealth of amenities, including major retailers like Walmart, Lowe's, and Sam's Club, as well as numerous restaurants and hotels. The site benefits from convenient access to key transportation arteries, including Interstate 20/59, Highway 19, Highway 39, and Highway 11/80, ensuring seamless connectivity for businesses and customers. The surrounding area is characterized by high traffic volume and strong consumer demographics, making it an ideal location for a wide range of commercial developments. Bonita Lakes further enhances the area's appeal, providing recreational opportunities and attracting visitors. The asking price for this exceptional property is $975,000. This represents a significant opportunity to acquire a highly desirable commercial land parcel in a thriving Mississippi market. The property's size and location make it suitable for a variety of commercial uses, offering considerable potential for future growth and return on investment. The address is 0000 Virginia Drive, Meridian, MS 39301.

    Property Features for 0000 Virginia Dr

    General Information

    Property type
    Specialty properties

    HighLights

    • $975,000 asking price.
    • 18.56‑acre commercial land parcel.
    • Located adjacent to Uptown Meridian Mall in Meridian, Mississippi.
    • Excellent access to I‑20/59, Highways 19, 39, and 11/80.
    • Nearby amenities include Walmart, Lowe's, Bonita Lakes, Sam's Club, restaurants, hotels, and major retailers.
    • Prime development opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.6777434
    Latitude
    32.3577512

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    FAQs

    What type of property is this?
    Specialty property - 18.56 Acres Near Uptown Mall; High Traffic Area
    Where is this specialty property located?
    The property is located at 0000 Virginia Dr Meridian, MS.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: $975,000 asking price.; 18.56-acre commercial land parcel.; Located adjacent to Uptown Meridian Mall in Meridian, Mississippi.
    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
    0000 Virginia Dr Meridian, MS 39301
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