0000 Old 8Th Street Rd Meridian, MS 39307
Discover a remarkable investment opportunity in Meridian, Mississippi. This special-purpose property, located at 0000 Old 8th Street Road, is priced affordably at $16,000. Its strategic location offers significant advantages. The property enjoys high visibility and a high traffic count due to its proximity to Highway 19 North, ensuring excellent exposure for any business. Furthermore, its convenient location near Meridian's Mississippi State University and Meridian Community College campuses provides a substantial pool of potential customers and employees. Easy access to major highways ensures convenient transportation for both customers and staff. The elevated building site offers additional benefits, potentially reducing site preparation costs and providing enhanced visibility. This compact property presents a unique chance to acquire a well-situated commercial asset in a growing area of Meridian, offering considerable potential for future development or immediate use. The property is located in Lauderdale County, Mississippi, with a zip code of 39307. The geographic coordinates are 32.3948997 latitude and -88.7734862 longitude. This is a rare opportunity to acquire a commercial property at an attractive price point in a desirable location.
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
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.