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    Hl Pl Meridian, MS 39305

    Sponsored
    For Sale
    $83,000

    Prime Meridian location, high traffic, $83,000.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0 Old North Hills PL lot presents a unique investment opportunity in Meridian, Mississippi. Priced at $83,000, this build-ready lot is situated in the highly desirable North Hills Business District, a vibrant area boasting significant foot and vehicle traffic. Its strategic location places it in close proximity to a concentration of medical and dental offices, professional services, restaurants, and retail establishments, ensuring high visibility and accessibility for any future development. The lot's "special purpose" designation offers flexibility for a variety of commercial ventures, catering to the existing business landscape and the needs of the community. The property is ready for immediate development, eliminating lengthy preparation delays and allowing for a swift return on investment. Given the high traffic count and the established commercial presence in the immediate vicinity, this lot represents a compelling opportunity for entrepreneurs and investors seeking a prime location in a thriving Meridian business district. The address is 0 Old North Hills PL, Meridian, MS 39305, located in Lauderdale County. Interested parties are encouraged to conduct a site visit to fully appreciate the potential of this exceptional property.

    Property Features for 0 Hl Pl

    General Information

    Property type
    Specialty properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.7062391
    Latitude
    32.4112047

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    FAQs

    What type of property is this?
    Specialty property - Prime Meridian location, high traffic, $83,000.
    Where is this specialty property located?
    The property is located at Hl Pl Meridian, MS.
    What is the asking price?
    The asking price for this property is $83,000.
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    Hl Pl Meridian, MS 39305
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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
    Hl Pl Meridian, MS 39305
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