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    1500 19 Hwy Meridian, MS 39301

    For Sale
    $169,500

    High-traffic Hwy 19 S lot, ideal for business.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1.5-acre commercial lot is strategically located on Highway 19 South in Meridian, Mississippi, offering unparalleled visibility and accessibility. Boasting over 600 feet of road frontage, this property presents a remarkable opportunity for a variety of commercial ventures. Its prime location within a high-traffic business area ensures significant exposure to potential customers. The property's size and frontage make it suitable for a diverse range of uses, including restaurants, retail shops, or office spaces. The address is 1500 Highway 19 South, Meridian, MS 39301, situated in Lauderdale County. This is a special purpose property with an asking price of $169,500. The property's latitude and longitude coordinates are 32.3029712 and -88.5951751 respectively. Given its prominent location and substantial road frontage, this lot represents a compelling investment opportunity for entrepreneurs seeking a high-visibility location to establish their business. The property is ready for development and offers significant potential for growth and return on investment.

    Property Features for 1500 19 Hwy

    General Information

    Property type
    Specialty properties

    HighLights

    • 1.5‑acre commercial lot in Meridian, MS, on Highway 19 South.
    • Over 600 feet of highway frontage provides exceptional visibility.
    • High‑traffic location ideal for various commercial uses, including restaurants, retail, and offices.
    • Asking price: $169,500.
    • Address: 1500 Highway 19 South, Meridian, MS 39301 (Lauderdale County).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.5951751
    Latitude
    32.3029712

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    FAQs

    What type of property is this?
    Specialty property - High-traffic Hwy 19 S lot, ideal for business.
    Where is this specialty property located?
    The property is located at 1500 19 Hwy Meridian, MS.
    What is the asking price?
    The asking price for this property is $169,500.
    What are key features of this property?
    This property features: 1.5-acre commercial lot in Meridian, MS, on Highway 19 South.; Over 600 feet of highway frontage provides exceptional visibility.; High-traffic location ideal for various commercial uses, including restaurants, retail, and offices.
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    1500 19 Hwy 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
    1500 19 Hwy Meridian, MS 39301
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