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OFF-MARKET
Specialty properties

626 22Nd Avenue Hts Meridian, MS 39301

Property ID
Property summary
AI-generated overview

This exceptional 17,000 square foot commercial property, located at 626 22nd Avenue South in Meridian, Mississippi, presents a unique investment opportunity. Situated on a corner lot at the main entrance to Downtown Meridian and conveniently close to the I-20/59 interchange, this building enjoys unparalleled visibility and accessibility. The property is ideally positioned near the newly constructed Lauderdale County Complex, ensuring a consistent flow of potential customers. The building itself comprises 15,600 square feet of retail space, perfectly suited for a variety of businesses, complemented by 1,400 square feet of office space, including a convenient drive-thru window. Ample parking is available for customers and employees. The flexible zoning allows for diverse potential uses beyond retail, making this a versatile and attractive investment. This prime location offers significant potential for growth and profitability. The property is available for purchase at $1,250,000, and lease options are also available. Don't miss this chance to secure a prominent commercial space in a thriving Mississippi city.

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
AI Approach AI
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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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