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Property profile & analytics
OFF-MARKET
Specialty properties

646 Hwy Meridian, MS 39301

4,000 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial property, priced at $325,000, presents a unique investment opportunity in Meridian, Mississippi. The 4,000 square foot metal building sits on a sizable 2.90-acre lot, offering ample space and potential for diverse uses. Strategically located on the highly trafficked Highway 11 & 80 intersection, this property enjoys excellent visibility and accessibility, being just a quarter-mile from Jimmie Rodgers Parkway. Previously utilized as an auto repair shop, the building features two overhead doors, two vehicle lifts, a private office, a restroom, and a dedicated storage room, providing a versatile layout adaptable to various business needs. The entire property is fully fenced, ensuring security and privacy. The building's metal construction promises durability and low maintenance, making it an attractive option for long-term investment. Its prime location and functional design make this property ideal for a range of commercial ventures. The substantial lot size also allows for potential expansion or future development. This is a rare opportunity to acquire a well-maintained, strategically located commercial building in a thriving Mississippi market. Contact us today to schedule a showing.

Property profile
Verified
Property type Specialty properties
Total area 4,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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