111 Us-11 Meridian, MS 39301
- Mixed-use properties
- 17,815 SF
- 6.41 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 111 Us-11
- Lot size
- 6.41 lot acres
- Property size
- 17,815 SF
- Property type
- Mixed-use properties
Description
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.
Value Estimation
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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
- -88.6735
- Latitude
- 32.3701
