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Property profile & analytics
OFF-MARKET
Commercial real estate

1402 11Th Ave Meridian, MS 39301

0.37 ac lot
Property ID
US50-0573599
Property summary
AI-generated overview

This exceptional 0.37-acre commercial lot presents a unique investment opportunity in Meridian, Mississippi. Located at the highly visible corner of 11th Avenue and 14th Street, this property boasts significant traffic flow due to its position on a main artery leading to and from the city's downtown area. The lot dimensions measure 120 feet by 135 feet, providing ample space for development. Its strategic location offers unparalleled exposure and accessibility. The property is currently vacant, allowing for complete design flexibility to suit a variety of commercial ventures. Adding to its appeal, the lot enjoys proximity to significant healthcare facilities. Two major hospitals are situated less than half a mile away, and a Total Pain Care Clinic is conveniently located directly across the street. This prime location, combined with its size and visibility, makes this lot an ideal investment for entrepreneurs seeking a high-impact commercial presence in a thriving Meridian neighborhood. The asking price is $99,000. The property is classified as Special Purpose. The address is 1402 11th Avenue, Meridian, MS 39301, Lauderdale County.

Property profile
Verified
Property type Commercial real estate
Lot 0.37 ac (16,117 SF)
UPID US50-0573599
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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