2117 Hwy 19th N Meridian, MS 39307-4013
This exceptional investment opportunity presents a fully leased, mixed-use retail facility ideally located on approximately 3.14 acres of prime commercial land at 2117 Highway 19 North in Meridian, Mississippi. The property boasts a total of approximately 29,247 square feet of rentable space, distributed across two buildings. The main building comprises 25,751 square feet, while a separate, freestanding building adds an additional 3,496 square feet. This multi-tenant complex benefits from its high-traffic location on Highway 19 North, ensuring consistent visibility and accessibility for tenants and customers. Currently operating at 100% occupancy, this property offers immediate cash flow and strong potential for future appreciation. The provided square footage is approximate and should be independently verified. The property is situated in Lauderdale County, Mississippi, with a zip code of 39307. This is a rare chance to acquire a well-established, income-producing asset in a thriving Mississippi market. The asking price for this exceptional property is $898,000. Serious inquiries are encouraged.
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
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.