2127 24Th AveMeridian, MS 39301

  • Retail properties
  • 10,284 SF
For Sale
$149,000 View listing

Property Details for 2127 24Th Ave

Year built
1949
Construction
STEEL FRAME
Lot size
0.50 AC
Property size (Sq ft)
10,284 SF
Property type
Retail properties
Property subtype
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.

2127 24Th Ave, Meridian, Mississippi

Location Insight

City
Meridian
County
Lauderdale
State
Mississippi
Latitude
32.3802
Longitude
-88.703
CBSA code
32940
CBSA name
MERIDIAN, MS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,563
-
-
$8,792
-
$53,200
$5,410
$58,610

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