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Property profile & analytics
OFF-MARKET
Land

0 23Rd St Meridian, MS 39301

50.48 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 50.48 ac (2,198,909 SF)
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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