1821 23Rd Ave Meridian, MS 39301
This exceptional 5,772 sq ft property at 1821 23rd Avenue in Meridian, Mississippi (zip code 39301), offers incredible flexibility for a variety of uses. Previously utilized as an insurance office, this updated building boasts a prime location near the medical center, ensuring high visibility and accessibility. The property features a paved parking area and a covered single carport, providing ample space for clients or residents. The interior layout is adaptable to suit both commercial and residential needs. A potential residential configuration includes two bedrooms, a kitchen with a new refrigerator and electric stove, a living room, dining area, interior laundry room, and one and a half bathrooms. Alternatively, the space could easily function as a commercial office, with a waiting area, reception area, two private offices, 1.5 bathrooms, and a utility room. Recent improvements include a new metal roof, fresh paint, and beautiful hardwood floors throughout. The property's street frontage ensures excellent visibility and accessibility. This is a rare opportunity to acquire a well-maintained, versatile property in a highly desirable location at an attractive price point of $109,900. The property's adaptability makes it an ideal investment for both commercial and residential ventures.
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Jim Young Insurance Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.