0000 Highway 145 Meridian, MS 39301
This exceptional property offers approximately nine-tenths of an acre for lease on Highway 145 in Lauderdale County. Its strategic location provides unparalleled access to Interstate 20/59, just a quarter-mile away, ensuring high visibility and convenient transportation links. The property is designated as Special Purpose and currently features a single-tenant occupancy within a single-suite building. This presents a unique opportunity for businesses seeking a high-traffic location with excellent accessibility. The expansive lot offers ample space for various commercial ventures. Furthermore, there's a potential for expansion. An additional half-acre parcel to the south is available for lease at a separate negotiated price, significantly increasing the overall usable area and opening up even more development possibilities. This presents a rare chance to secure a substantial commercial property in a prime location with the flexibility to tailor the space to specific business needs. The property's proximity to a major interstate makes it ideal for businesses requiring easy access to regional and national transportation networks. Serious inquiries are encouraged to explore this exceptional opportunity.
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
Similar Nearby for Lease
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.