For Sale
$149,000

2127 24Th AveMeridian, MS 39301

1.25-Acre Lot, High Traffic Area, Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
116
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.

Highlights

  • 1.25-acre commercial lot in Meridian, MS, priced at $149,000.
  • High visibility due to significant road frontage on three streets, including heavily traveled 24th Avenue.
  • Existing building requires demolition, presenting a blank slate for new construction.
  • Large paved parking lot included.
  • Located at 2127 24th Avenue, Meridian, MS 39301 (32.3801747, -88.7029959), in Lauderdale County.
  • High traffic counts ensure substantial exposure.

Property Details for 2127 24Th Ave

Property type
Specialty properties

Location Insight

City
Meridian
County
Lauderdale
State
Mississippi
Latitude
32.3801747
Longitude
-88.7029959
2127 24Th Ave, Meridian, Mississippi

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2127 24Th Ave
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