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    0001 Virginia Ave Meridian, MS 39301

    For Sale
    $360,000

    High-traffic location, excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This special purpose commercial property in Meridian, Mississippi, is priced at $360,000. Located at 0001 VIRGINIA Avenue, it boasts a highly desirable location adjacent to Lowe's and Walmart on 1st Street, ensuring high visibility and foot traffic. The property benefits from exceptional accessibility to major transportation arteries, including Interstate 20/59, Highway 19, and Highway 45. This strategic positioning provides convenient access for both customers and employees. The property's precise configuration and permitted uses are not specified, making it suitable for a variety of commercial ventures. Given its prime location and proximity to major retailers and highways, this property presents a significant opportunity for investors seeking a high-traffic commercial space in a thriving Mississippi market. The property is situated in Lauderdale County, Mississippi, with a zip code of 39301, and its geographic coordinates are 32.3667833 latitude and -88.6756825 longitude. Further details regarding the property's size, layout, and specific zoning regulations are available upon request.

    Property Features for 0001 Virginia Ave

    General Information

    Property type
    Specialty properties

    HighLights

    • $360,000 Meridian, MS commercial property.
    • High‑visibility location adjacent to Lowe's and Walmart on 1st Street.
    • Excellent access to I‑20/59, Hwy 19, and Hwy 45.
    • Suitable for various commercial uses.
    • Located in Lauderdale County, MS (39301), 32.3667833°N, -88.6756825°W.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.6756825
    Latitude
    32.3667833

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    FAQs

    What type of property is this?
    Specialty property - High-traffic location, excellent access.
    Where is this specialty property located?
    The property is located at 0001 Virginia Ave Meridian, MS.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: $360,000 Meridian, MS commercial property.; High-visibility location adjacent to Lowe's and Walmart on 1st Street.; Excellent access to I-20/59, Hwy 19, and Hwy 45.
    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
    0001 Virginia Ave Meridian, MS 39301
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