145 Hwy 11th And 80Meridian, MS 39301

  • Motels
  • 32,659 SF
Off market
$27,050,760 Estimated

Property Details for 145 Hwy 11th And 80

Year built
1972
Lot size
2.70 AC
Property size (Sq ft)
32,659 SF
Property type
Motels
APN
82093000000000500
APU
82093000000000500

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,577,620
    6.5%
    $4,225,500
    7%
    $3,923,680
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,066,310
    Geo Method
    $5,414,900
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $11,292,400
    Retail / Commercial
    $5,787,360
    Mixed-Use / Specialty
    $5,764,090
    Office
    $5,727,100
    Institutional / Educational
    $5,991,390
    Residential Income
    $7,009,930
    Multifamily
    $8,421,950
    Automotive / Energy
    $5,135,480
    Parking / Income-Based Land
    $1,774,800
    Restaurant / Food Service
    $2,992,320
    Healthcare / Senior Housing
    $5,913,670

Location Insight

City
Meridian
County
Lauderdale
State
Mississippi
Latitude
32.3728
Longitude
-88.6732
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
$34,358
-
-
$193,324
-
$101,250
$1,187,570
$1,288,820

FAQs

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