0 23Rd St Meridian, MS 39301
This exceptional 50.48-acre property in Lauderdale County, Mississippi, presents a unique investment opportunity. Located in Meridian, MS, with convenient access via over 140 feet of frontage road, this land offers a multitude of possibilities. The property is situated between two railroads, providing excellent access and potential for future development. While located within a flood zone, the presence of Sowashee Creek flowing through the center creates a picturesque and tranquil setting. The land is currently vacant and untouched, consisting primarily of wooded areas, presenting a blank canvas for various uses. Its location in the heart of Meridian ensures easy access to city amenities while still offering a secluded and expansive feel. Ideal for recreational activities, park development, or other ventures, this property represents a rare chance to acquire a significant landholding in a desirable Mississippi location. The asking price is $225,000. The property's address is 23rd Street, Meridian, MS 39301. The zip code is 39301. This is a residential, hunting/recreational, and timber property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.