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OFF-MARKET
Specialty properties

0000 Virginia Dr Meridian, MS 39301

Property ID
Property summary
AI-generated overview

This exceptional 18.56-acre commercial land parcel presents a unique investment opportunity in Meridian, Mississippi. Strategically located adjacent to the bustling Uptown Meridian Mall, this property enjoys unparalleled visibility and accessibility. Its prime location offers immediate proximity to a wealth of amenities, including major retailers like Walmart, Lowe's, and Sam's Club, as well as numerous restaurants and hotels. The site benefits from convenient access to key transportation arteries, including Interstate 20/59, Highway 19, Highway 39, and Highway 11/80, ensuring seamless connectivity for businesses and customers. The surrounding area is characterized by high traffic volume and strong consumer demographics, making it an ideal location for a wide range of commercial developments. Bonita Lakes further enhances the area's appeal, providing recreational opportunities and attracting visitors. The asking price for this exceptional property is $975,000. This represents a significant opportunity to acquire a highly desirable commercial land parcel in a thriving Mississippi market. The property's size and location make it suitable for a variety of commercial uses, offering considerable potential for future growth and return on investment. The address is 0000 Virginia Drive, Meridian, MS 39301.

Property profile
Verified
Property type Specialty properties
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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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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