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    914 Highway 19 Meridian, MS 39301
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    Property profile & analytics

    914 Highway 19, Meridian, MS 39301

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    • Commercial real estate
    Off-Market
    Property ID
    US50-0588842
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 914 Highway 19

    Property type
    Commercial real estate

    Description

    This exceptional 1.5-acre commercial property presents a remarkable investment opportunity in Meridian, Mississippi. Strategically located on heavily traveled Highway 19 South, this lot boasts 120 feet of prime road frontage, ensuring high visibility and accessibility for any business. Its convenient location offers easy access to key transportation arteries, including the Highway 45 Bypass and Interstate 20/59, placing your enterprise within reach of a substantial customer base. The property is situated just minutes from Bonita Lakes, adding to its appeal and potential for attracting customers and employees. Zoned B-4, this versatile parcel allows for a multitude of commercial uses, providing significant flexibility for a wide range of business ventures. The asking price is $150,000, representing a compelling value for a property with such high potential in a desirable location. This is an ideal site for businesses seeking strong visibility and convenient access to major transportation routes in a thriving Mississippi community. The property's size and zoning regulations offer significant development potential, making it an attractive investment for both established businesses and entrepreneurs looking to establish a new presence in the Meridian market. Don't miss this chance to secure a prime commercial location in a rapidly growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Meridian
    County
    Lauderdale
    State
    Mississippi
    Longitude
    -88.6484417
    Latitude
    32.3657522

    Comparable in this City

    • Contact for pricing

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      Multi-Use Office and Day Care Building

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      296-Acre Timber Investment Property

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      Conference Center and Restaurant Facility

      Strategically located conference center and restaurant facility for sale.
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      Commercial Land For Development

      2.18 acres of commercial real estate for development.
      000 Hawkins Xing Rd, Meridian, MS 39301
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Meridian Commercial Property I-20/I-59 Frontage

      Prime commercial property with I-20/I-59 frontage in Meridian, MS.
      400 N Frontage Rd, Meridian, MS 39301
      View Details
    • New
      Contact for pricing
      0.26 Acres

      Multi-Use Office and Day Care Building

      Flexible interior layout with central HVAC, reception space, multiple offices, and a large back yard for added parking.
      4717 8Th Street Ext, Meridian, MS 39301
      View Details
    • $621,600
      296.00 Acres

      296-Acre Timber Investment Property

      Sportsman's paradise with timber investment potential and future development opportunities.
      Road 2434, Philadelphia, MS 39301
      View Details
    • $2,300,000
      17,815 SF

      Conference Center and Restaurant Facility

      Strategically located conference center and restaurant facility for sale.
      111 S 11Th St, Meridian, MS 39301
      View Details
    • Contact for pricing

      Commercial Land For Development

      2.18 acres of commercial real estate for development.
      000 Hawkins Xing Rd, Meridian, MS 39301
      View Details

    Similar Nearby for Lease

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      Retail Center in Meridian Corridor

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      Retail Space in Bonita Lakes

      42,814 SF retail space with ample parking.
      1003 Bonita Lakes Cir, Meridian, MS 39301
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      Retail Space in Meridian, MS

      Retail space available for lease in Meridian, Mississippi.
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      Office Space in Acme Plaza

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    914 Highway 19
    Meridian, MS 39301
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    914 Highway 19, Meridian, MS, 39301
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