2405 FrontageMeridian, MS 39301

  • Hospitality properties
  • 10,350 SF
Off market
$7,590,000 Estimated

Property Details for 2405 Frontage

Year built
1989
Lot size
0.76 AC
Property size (Sq ft)
10,350 SF
Property type
Hospitality properties
Property subtype
Motels
APN
84191000000000401
APU
84191000000000401

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,970,568
    6.5%
    $1,818,986
    7%
    $1,689,058
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,810,548
    Geo Method
    $4,744,347
  • Alternative Use

    Use
    Valuation
    Residential
    $1,985,804
    Hospitality
    $1,818,986
    Educational
    $1,513,375
    Medical
    $1,565,422
    Retail
    $2,354,138
2405 Frontage, Meridian, Mississippi

Location Insight

City
Meridian
County
Lauderdale
State
Mississippi
Latitude
32.3494
Longitude
-88.6972
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
$14,176
-
-
$79,766
-
$102,600
$429,170
$531,770

Property Visit Statistics

  • Visits by month
    1.3k
  • Visitors by month
    1.0k
  • Avg Time on site
    25 min

FAQs

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