0001 Virginia Ave Meridian, MS 39301
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.