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    1309 B St Meridian, MS 39301

    Sponsored
    For Sale
    $155,500

    Versatile Office & Warehouse Complex

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property in Meridian, Mississippi, presents a unique investment opportunity. Located at 1309 B Street, 39301, this property boasts a substantial footprint encompassing multiple buildings totaling approximately 7,400 square feet. The main building features a well-appointed office area complete with bathroom facilities, ideal for administrative functions or client meetings. A large warehouse space, a key asset, is equipped with high ceilings, convenient roll-up doors, and loading docks, facilitating efficient loading and unloading operations. This space is perfect for storage, distribution, or light manufacturing. Ample parking is available on-site, ensuring convenient access for employees and clients. The property is being sold "as is," reflecting its current condition. The seller is open to owner financing, offering a flexible payment structure for qualified buyers. An adjacent property is also available for purchase, presenting a potential opportunity for expansion or consolidation. The property includes an additional building of approximately 2,400 square feet and a separate storage building of approximately 1,000 square feet. This diverse property is priced at $155,500 and offers significant potential for a variety of commercial uses. Don't miss this chance to acquire a substantial and versatile commercial property in a prime Meridian location.

    Property Features for 1309 B St

    General Information

    Property type
    Specialty properties

    HighLights

    • $155,500 asking price.
    • Special purpose property located at 1309 B Street, Meridian, MS 39301.
    • Features multiple buildings totaling approximately 7,400 square feet, including warehouse space with high ceilings, roll‑up doors, and loading docks.
    • Includes office space and restrooms in the main building.
    • Ample parking available.
    • Sold "as is."
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.6897627
    Latitude
    32.3643744

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    FAQs

    What type of property is this?
    Specialty property - Versatile Office & Warehouse Complex
    Where is this specialty property located?
    The property is located at 1309 B St Meridian, MS.
    What is the asking price?
    The asking price for this property is $155,500.
    What are key features of this property?
    This property features: $155,500 asking price.; Special purpose property located at 1309 B Street, Meridian, MS 39301.; Features multiple buildings totaling approximately 7,400 square feet, including warehouse space with high ceilings, roll-up doors, and loading docks.
    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
    1309 B St Meridian, MS 39301
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