420 19 Hwy Meridian, MS 39301
This single-tenant, special-purpose building at 420 Highway 19 in Meridian, Mississippi, offers a unique investment opportunity. Located in Lauderdale County, zip code 39301, the property boasts excellent visibility and high traffic counts due to its position on Highway 19N, near the airport and College Park. The building, which appears to have been originally constructed as a bank, features a secure workspace with a built-in safe and a convenient drive-thru window. The interior includes a welcoming, open lobby area ideal for customer interaction. The building's well-maintained condition is a significant advantage. This property presents a rare chance to acquire a secure and conveniently located commercial space in a high-traffic area of Meridian. The single-suite layout provides simplicity and efficiency for a variety of potential uses. Its proximity to key transportation links and community amenities makes it an attractive option for businesses seeking a strong presence in the Meridian market. The building's unique features, including the safe and drive-thru, offer distinct advantages for specific types of businesses. This is a turnkey opportunity for a discerning buyer.
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.