2127 24th Ave Meridian, MS 39301-2136
- Retail space
- 10,284 SF
- 0.50 lot acres
Current Use by Public Records
- Preferred Diabetic of Mdn / Medical Clinic
- Elite Care / Insurance Agency
Property Details for 2127 24th Ave
- Year built
- 1949
- Construction
- STEEL FRAME
- Lot size
- 0.50 lot acres
- Property size
- 10,284 SF
- Property type
- Retail space
- APN
- 83072256500200100
- APU
- 83072256500200100
Description
This exceptional 1.25-acre commercial lot presents a remarkable redevelopment opportunity in Meridian, Mississippi. Located on heavily traveled 24th Avenue, this property boasts significant road frontage along three different streets, ensuring high visibility and accessibility for any future development. The asking price is $149,000. Currently, an existing building occupies the site, but it is in poor condition and requires demolition, offering a clean slate for a new construction project. A significant advantage is the presence of a large paved parking lot situated to the south of the property, providing ample space for customers or employees. The property's prime location in Lauderdale County, with the address 2127 24th Avenue, Meridian, MS 39301 (32.3801747, -88.7029959), makes it ideal for a variety of commercial uses. The high traffic volume on 24th Avenue guarantees substantial exposure, making this a highly attractive investment for entrepreneurs and developers seeking a strategic location with significant development potential. The expansive lot size and existing parking area significantly reduce the upfront costs associated with land preparation and infrastructure development. This property is classified as Special Purpose.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Meridian
- County
- Lauderdale
- State
- Mississippi
- Longitude
- -88.703
- Latitude
- 32.3802
- CBSA code
- 32940
- CBSA name
- MERIDIAN, MS MICROPOLITAN STATISTICAL AREA
