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    Carl Ave Ridgeland, MS 39157

    For Sale
    $1,500,000

    Prime 1.8-acre lot, high-growth area.

    Property size:
    78,408 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 1.8-acre property, located at 0 Carl Avenue in Ridgeland, Mississippi, presents a compelling investment opportunity for developers. Boasting a substantial 78,408 square feet of land, this site is ideally positioned in a rapidly expanding area of the state, noted for its exceptional growth trajectory. Its strategic location offers unparalleled access to Interstate 55, ensuring high visibility and convenient connectivity for any future development. The property is zoned MU-1, allowing for a diverse range of mixed-use development possibilities, catering to the increasing demand for both commercial and residential spaces in this thriving community. The proximity to I-55 promises significant foot traffic and accessibility, making this an attractive location for businesses and residents alike. This is a rare chance to acquire a substantial parcel in a high-growth area, poised for significant future appreciation. The expansive size of the lot provides ample space for a large-scale project, allowing for creative and innovative development plans. Given the current market trends and the property's prime location, this represents a unique opportunity to capitalize on the burgeoning growth of Ridgeland. The potential for substantial return on investment is significant, making this an exceptional addition to any developer's portfolio. This is a truly exceptional opportunity to shape the future of this dynamic area.

    Property Features for Carl Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    78,408 SF
    Lot Size
    78,408 SF

    Building Details

    Year Built
    1800
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ridgeland
    County
    Madison
    State
    Mississippi
    Longitude
    -90.14077
    Latitude
    32.45047

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 1.8-acre lot, high-growth area.
    Where is this commercial real estate located?
    The property is located at Carl Ave Ridgeland, MS.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (601) 790-1772
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    Carl Ave 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
    Carl Ave Ridgeland, MS 39157
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