1600 B St Meridian, MS 39301-5419
This exceptional commercial property, located at 1600 B Street in Meridian, Mississippi, presents a unique investment opportunity. Priced at $125,000, the property boasts a versatile layout previously utilized as a thriving farmers market. Its strategic location within a high-traffic area ensures excellent visibility and accessibility for a wide range of potential businesses. The property includes a single-family residence, adding to its overall value and potential uses. The address is 1600 B Street, Meridian, MS 39301, situated in Lauderdale County. This presents a chance to acquire a well-positioned commercial space with significant potential for redevelopment or continued use as a market or similar enterprise. The property's existing infrastructure and high-traffic location offer a solid foundation for a variety of commercial ventures. The inclusion of a single-family residence provides additional flexibility and potential income streams. Serious inquiries are encouraged to explore the possibilities this property offers. The property is classified as Special Purpose. Its geographic coordinates are 32.3641507 latitude and -88.6915306 longitude. This is a rare opportunity to own a piece of Meridian's commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.