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    608 Highway 51 Ridgeland, MS 39157

    For Sale
    $3,975,000

    SINGLE_FAMILY - Ridgeland, MS

    Type:Retail
    Property size:
    108,029 SF
    Lot size:
    2.48 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 608 Highway 51

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Window features
    Aluminum Frames, Tinted Windows, Double Pane Windows, Insulated Windows
    Rooms
    Bathroom 5, Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    072d-19d-090-02-00
    Parking features
    Off Street
    Size
    108,029 SF
    Lot size
    2.48 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1979
    Floors in Building
    1
    Flooring type
    Combination, Concrete
    Roof type
    Metal

    HOPPER PROPERTIES (601) 942-5527 [email protected]

    Listing agent Snooky Hill (601) 724-1435 License #S57503

    Listing date Oct 31, 2025

    Copyright © 2025 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ridgeland Investment Opportunity For Sale

    This property presents an investment opportunity with existing office, retail, and warehouse spaces. The property is currently generating approximately $30,000 per month in income, supported by recent 3- to 5-year leases and established tenants. Tenants are responsible for their own utility expenses. The owner is committed to completing all renovation and construction work. The property encompasses a total of 108,029 square feet on a 2.48-acre lot. The property can be purchased as one complete parcel or subdivided, with the owners approval, into the existing buildings and tenants. The property includes approximately 1 acre of vacant, undeveloped land.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ridgeland
    County
    Madison
    State
    Mississippi
    Longitude
    -90.12559
    Latitude
    32.43395

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    FAQs

    What type of property is this?
    Shopping center - Income-producing property with development potential in Ridgeland, Mississippi.
    Where is this shopping center located?
    The property is located at 608 Highway 51 Ridgeland, MS.
    What is the asking price?
    The asking price for this property is $3,975,000.
    What are key features of this property?
    This property features: - High Income Potential: Producing approximately $30,000 per month with existing leases.; - New Leases: Fresh 3-5 year leases in place with quality tenants.; - Owner committed to completing all renovations and construction.
    (601) 724-1435
    Request Owner's contact information
    608 Highway 51 Ridgeland, MS 39157
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    Ridgeland, MS 39157
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    608 Highway 51 Ridgeland, MS 39157
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