1301 5thMeridian, MS 39301

  • Warehouses
  • 10,080 SF
Off market
$9,671,500 Estimated

Property Details for 1301 5th

Year built
1990
Construction
STEEL FRAME
Lot size
0.97 AC
Property size (Sq ft)
10,080 SF
Property type
Warehouses
APN
84172245001300101
APU
84172245001300101

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,775,790
    6.5%
    $3,485,340
    7%
    $3,236,390
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,200,540
    Geo Method
    $3,145,930
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $1,786,230
    Mixed-Use / Specialty
    $1,779,050
    Hospitality / Lodging
    $1,304,170
    Office
    $1,767,630
    Institutional / Educational
    $1,849,210
    Residential Income
    $2,163,570
    Multifamily
    $2,599,380
    Automotive / Energy
    $1,585,030
    Parking / Income-Based Land
    $547,780
    Restaurant / Food Service
    $923,561
    Healthcare / Senior Housing
    $1,825,220

Location Insight

City
Meridian
County
Lauderdale
State
Mississippi
Latitude
32.3679
Longitude
-88.6924
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
$9,193
-
-
$60,164
-
$80,390
$320,700
$401,090

FAQs

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