Redevelopment or Reuse Opportunity | 2021 14th Ave
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Redevelopment or Reuse Opportunity 2021 14th Ave 3 518 m² Inoccupé Industriel/Logistique Vente aux enchères en ligne Meridian, MS 39301
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Delivered fully vacant, this former heavy power manufacturing facility in Meridian offers a prime opportunity for redevelopment or reuse.
- Positioned within a high-density employment zone, with a workforce exceeding 41,000 people in a 10-mile radius.
- Meridian presents an excellent industrial investment market, characterized by zero vacancies and rising rental rates.
- Premier location near major transportation arteries, including Highways 45 N and 19, Interstate 20, and Meridian Regional Airport.
- Flexible zoning accommodates a wide range of uses, making it an attractive opportunity for both investors and owner/users.
- Starting bid $1 | Absolute auction.
RÉSUMÉ ANALYTIQUE
This fully vacant facility in Meridian offers a rare opportunity for redevelopment or reuse.
2021 14th Avenue is a sizable 37,866-square-foot asset perfect for industrial, warehousing, and heavy power users. Built in 1980, this property offers strong potential for redevelopment or adaptive reuse on a generous 2.12-acre lot. Broad zoning supports a wide range of future uses, making it an ideal opportunity for both investors and owner/users. Buyers can customize the existing structure to suit specific business needs, or developers may choose to demolish and reimagine the site to capitalize on current market lease rates and drive higher net operating income.
The Meridian market presents a prime opportunity for investors looking to capitalize on strong demand and limited supply. The Meridian industrial market has no vacancies as of Q2 2025. This compares to the five-year average of 3.2% and the 10-year average of 3%. The Meridian industrial market contains roughly 7.4 million square feet of inventory. The area has approximately 3.6 million square feet of logistics inventory, 580,000 square feet of flex inventory, and 3.3 million square feet of specialized inventory. Year-over-year rents have changed by 3.9% in Meridian, compared to a change of 2.1% nationally. Over the past year, two properties have traded, accounting for 150,000 square feet of inventory.
Meridian offers a strategic location for industrial, warehousing, and flex operations. Meridian sits at the intersection of major highways, including Interstate 20, and Highways 45 and 19, providing direct east-west and north-south routes for trucking and freight. The city is a regional rail hub, served by multiple Class I railroads, including Norfolk Southern, making it ideal for industries reliant on freight and intermodal logistics. Additionally, the asset is close to Meridian Regional Airport. The positioning of Meridian is advantageous because it is within a day’s drive of key Southeastern markets like Atlanta, Birmingham, New Orleans, Memphis, and Jackson.
Property tours are available by appointment only. Please contact the listing broker to schedule.
2021 14th Avenue is a sizable 37,866-square-foot asset perfect for industrial, warehousing, and heavy power users. Built in 1980, this property offers strong potential for redevelopment or adaptive reuse on a generous 2.12-acre lot. Broad zoning supports a wide range of future uses, making it an ideal opportunity for both investors and owner/users. Buyers can customize the existing structure to suit specific business needs, or developers may choose to demolish and reimagine the site to capitalize on current market lease rates and drive higher net operating income.
The Meridian market presents a prime opportunity for investors looking to capitalize on strong demand and limited supply. The Meridian industrial market has no vacancies as of Q2 2025. This compares to the five-year average of 3.2% and the 10-year average of 3%. The Meridian industrial market contains roughly 7.4 million square feet of inventory. The area has approximately 3.6 million square feet of logistics inventory, 580,000 square feet of flex inventory, and 3.3 million square feet of specialized inventory. Year-over-year rents have changed by 3.9% in Meridian, compared to a change of 2.1% nationally. Over the past year, two properties have traded, accounting for 150,000 square feet of inventory.
Meridian offers a strategic location for industrial, warehousing, and flex operations. Meridian sits at the intersection of major highways, including Interstate 20, and Highways 45 and 19, providing direct east-west and north-south routes for trucking and freight. The city is a regional rail hub, served by multiple Class I railroads, including Norfolk Southern, making it ideal for industries reliant on freight and intermodal logistics. Additionally, the asset is close to Meridian Regional Airport. The positioning of Meridian is advantageous because it is within a day’s drive of key Southeastern markets like Atlanta, Birmingham, New Orleans, Memphis, and Jackson.
Property tours are available by appointment only. Please contact the listing broker to schedule.
DATA ROOM Cliquez ici pour accéder à
- Purchase Agreement
- Operating and Financial Statements
INFORMATIONS SUR L’IMMEUBLE
| Type de vente | Investissement | Surface du lot | 0,86 ha |
| Condition de vente | Vente aux enchères | Surface utile brute | 3 518 m² |
| Type de propriété | Pleine propriété | Nb d’étages | 1 |
| Type de bien | Industriel/Logistique | Année de construction | 1980 |
| Sous-type de bien | Entrepôt | Ratio de stationnement | 0,03/1 000 m² |
| Classe d’immeuble | C |
| Type de vente | Investissement |
| Condition de vente | Vente aux enchères |
| Type de propriété | Pleine propriété |
| Type de bien | Industriel/Logistique |
| Sous-type de bien | Entrepôt |
| Classe d’immeuble | C |
| Surface du lot | 0,86 ha |
| Surface utile brute | 3 518 m² |
| Nb d’étages | 1 |
| Année de construction | 1980 |
| Ratio de stationnement | 0,03/1 000 m² |
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DONNÉES DÉMOGRAPHIQUES
ACCESSIBILITÉ RÉGIONALE
VILLE
POPULATION
MILES
TEMPS EN VOITURE
Memphis
650 618
243
4 h 46 m
Nashville
669 053
336
6 h 7 m
Dallas
1 345 047
489
8 h 50 m
Houston
2 325 502
507
9 h 41 m
Jacksonville
903 889
523
10 h 7 m
Charlotte
872 498
532
9 h 59 m
ACCÈS ET POPULATION ACTIVE
10 MILES
Population totale
57 830
Population active totale
23 423
Taux de chômage
3,49%
Revenu médian du foyer
$38,954
Employés d’entrepôt
3 360
Enseignement secondaire ou supérieur
83,60%
TAXES FONCIÈRES
| Numéro de parcelle | 083-07-1-4182-008-00100 | Évaluation des aménagements | 0 € |
| Évaluation du terrain | 0 € | Évaluation totale | 15 054 € |
TAXES FONCIÈRES
Numéro de parcelle
083-07-1-4182-008-00100
Évaluation du terrain
0 €
Évaluation des aménagements
0 €
Évaluation totale
15 054 €
CONSEILLER EN VENTE
CONSEILLER EN VENTE
Ray Rayburn, Owner
(601) 818-2456
Contact
Ray Rayburn is a commercial real estate professional in Hattiesburg, MS.
À PROPOS DE LA TECHNOLOGIE DES ENCHÈRES
Les enchères de Ten-X reposent sur une technologie de pointe pour les transactions en ligne dans le secteur de l’immobilier d’entreprise, ayant généré un total de plus de 34 milliards de dollars de transactions. Grâce à l’utilisation de cette technologie avancée et d’informations sur les actifs en temps réel, Ten-X positionne au mieux vos annonces pour trouver l’acquéreur idéal. Avec un processus d’enchères très rapide, une due diligence complète et la vérification des acquéreurs, les transactions sont conclues deux fois plus vite et avec deux fois plus de fiabilité pour les brokers, les propriétaires et les investisseurs.
Lire plus
CONTACT POUR LES ENCHÈRES
Taylor Cunningham
Contact
Licence du commissaire-priseur :
Ten-X Arlene Richardson RE Brkr 202567. Ten-X Auction Firm 1474; Arlene Richardson Auctioneer 1677
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VIDÉOS
VISITE 3D
PHOTOS
STREET VIEW
RUE
CARTE
Barême de frais de transaction
Basée sur le pourcentage du montant de l’enchère gagnante.
Montant de l’enchère gagnante
Frais de transaction
$0m to < $1m
5.00% ($20,000 min)
$1m to < $3m
3.00%
$3m to < $5m
2.50%
$5m to < $10m
2.25%
$10m to < $15m
2.00%
$15m to < $25m
1.75%
$25m to < $35m
1.50%
$35M to < $45M
1.00%
$45M to < $55M
0.75%
$55M and Up
0.50%
Exemple de calcul
Montant de l’enchère gagnante
$4,000,000
Frais de transaction
$100,000 (2.5%)
Prix d’achat total
$4,100,000
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Présenté par
Associated Appraisers, Inc.
Redevelopment or Reuse Opportunity | 2021 14th Ave
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Redevelopment or Reuse Opportunity | 2021 14th Ave
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