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Property profile & analytics
OFF-MARKET
Mixed-use properties

111 Us-11 Meridian, MS 39301

17,815 SF 6.41 ac lot
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property in Meridian, Mississippi, presents a compelling investment opportunity. Located at 111 US-11, this 17,815-square-foot facility sits on a substantial 6.41-acre lot, offering significant development potential. Currently improved with a 17,815-square-foot conference center and restaurant, the property boasts a strategic location adjacent to Meridian's premier retail area, anchored by the 632,000-square-foot Bonita Lakes Mall, featuring major tenants such as Belk and Dillard's. Its convenient access to Interstates I-20 and I-59, as well as Highways 80 and 39, ensures high visibility and accessibility. The asking price is $2,300,000, translating to $129.10 per square foot. While approximately 0.89 acres of the lot are situated within a floodway, the substantial remaining area offers ample space for various uses. This property is ideal for hotels, restaurants, medical facilities, or corporate offices, presenting a rare chance to acquire a significant asset in a thriving Mississippi market. The property is offered for sale by owner.

Property profile
Verified
Property type Mixed-use properties
Total area 17,815 SF
Lot 6.41 ac (279,220 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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