Current Use by Public Records
- Specialty properties
Property Details for 123 Russell Dr
- Property type
- Specialty properties
Description
This exceptional commercial investment opportunity in Meridian, Mississippi, presents a rare chance to acquire a substantial auto repair facility situated on two parcels encompassing approximately 1.9 acres. The property is located at 123 Russell Drive, zip code 39301, and offers significant potential for growth and profitability. One parcel is fully fenced and features a well-maintained office building complemented by a three-door warehouse, providing ample storage and operational space. The second parcel houses a substantial 3,000 square foot auto repair shop, complete with its own dedicated office and a versatile loft area. This expansive facility is ideally suited for a variety of automotive businesses, offering significant capacity for servicing and repairs. The property's strategic location in Meridian, MS, ensures excellent visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. The asking price for this turnkey operation is $250,000, representing a compelling investment opportunity in a thriving market. The property's size and existing infrastructure provide a solid foundation for immediate operations or future expansion, making it an ideal choice for discerning investors seeking a high-return commercial asset. This is a unique chance to acquire a well-established and profitable business in a prime location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Meridian
- County
- Lauderdale
- State
- Mississippi
- Longitude
- -88.6776
- Latitude
- 32.3718
