1204 Constitution Ave Meridian, MS 39301
- Office buildings
- 1,240 SF
- 0.08 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1204 Constitution Ave
- Year built
- 1960
- Lot size
- 0.08 lot acres
- Property size
- 1,240 SF
- Property type
- Office buildings
- APN
- 84181348200700400
- APU
- 84181348200700400
Description
This exceptional investment opportunity in Meridian, Mississippi, presents two parcels totaling 0.18 acres at 1204 and 1216 Constitution Avenue. The property includes a vacant 900-square-foot Class B medical office building and an adjacent vacant lot, both ideally situated for immediate development or redevelopment. The asking price is $475,000, translating to $527.78 per square foot. Currently vacant, this property offers a unique chance to acquire the last two available parcels on the block in a high-traffic area with dense demographics. The building is zoned B-5 by the City of Meridian. Its convenient location offers easy access to Anderson Hospital and Ochsner Hospital, making it an attractive proposition for medical professionals or related businesses. The combined property presents a compelling investment opportunity for those seeking a strategic foothold in a thriving downtown Meridian location. The property's vacant status allows for immediate customization and development to suit a wide range of medical or related uses. This is a rare chance to acquire a significant presence in a desirable and rapidly developing area. The high traffic counts and proximity to major medical facilities ensure strong potential for future growth and return on investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Meridian
- County
- Lauderdale
- State
- Mississippi
- Longitude
- -88.6991
- Latitude
- 32.3691
- CBSA code
- 32940
- CBSA name
- MERIDIAN, MS MICROPOLITAN STATISTICAL AREA
