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Property profile & analytics
OFF-MARKET
Commercial real estate

113 8Th Ave Meridian, MS 39301

Property ID
US50-0476614
Property summary
AI-generated overview

This exceptional special-purpose property, located at 113 8th Avenue in Meridian, Mississippi, presents a fantastic opportunity for entrepreneurs and established businesses alike. The building boasts 1200 square feet of usable space within a sturdy brick structure. A recent roof replacement ensures years of worry-free operation. The expansive 7,250 square foot lot provides ample space for expansion, outdoor activities, or additional parking. Situated in Lauderdale County, zip code 39301, this property benefits from convenient access to Meridian's amenities and transportation networks. The asking price is $49,900, making this an attractive investment for those seeking a versatile commercial space in a thriving Mississippi community. The building's multi-purpose design allows for a wide range of potential uses, making it ideal for a variety of businesses seeking a well-maintained and conveniently located space. Its solid construction and recent roof upgrade minimize immediate maintenance concerns, allowing owners to focus on their business operations. The generous lot size offers significant potential for future development or expansion, adding further value to this already compelling investment opportunity. Don't miss this chance to acquire a prime commercial property in a desirable Meridian location.

Property profile
Verified
Property type Commercial real estate
UPID US50-0476614
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
Current use
Occupant on record · Public records
  • Xtreme Kustomz Painting
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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