2205 14Th Street Ext Meridian, MS 39301
This exceptional $1,500,000 special purpose property at 2205 14th Street in Meridian, Mississippi, presents a unique investment opportunity. Located in Lauderdale County, zip code 39301 (32.3706467, -88.7006348), this building boasts an enviable position directly across from Anderson's Regional Hospital, ensuring high visibility and foot traffic. Previously used as a pharmacy, a non-compete clause prohibits pharmacy use for five years, opening doors to a diverse range of commercial ventures. The building's ideal location offers unparalleled access to a thriving community. Its proximity to the hospital, downtown Meridian, shopping centers, restaurants, and other businesses creates a strong foundation for success. This property is well-suited for retail establishments, professional offices, or other commercial uses that can benefit from its strategic placement within a bustling area. The building's size and layout are adaptable to various business needs, making it a versatile and attractive investment. Serious inquiries are encouraged to explore the potential of this exceptional commercial property.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.