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    574 Highway 51 Ridgeland, MS 39157

    For Sale
    $2,000,000

    Retail property in Ridgeland, MS with high traffic volume.

    Property size:
    16,057 SF
    Lot size:
    1.53 Acres

    Property Features for 574 Highway 51

    General Information

    Size
    16,057 SF
    Lot size
    1.53 Acres

    Source: Estes Bush Real Estate Agent Brian E. Estes, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property on Highway 51

    The property is located on Highway 51 in Ridgeland, MS, approximately one mile north of Jackson. Highway 51 is a major artery between Jackson, Ridgeland, and Madison, with an estimated traffic volume of 25,000 to 30,000 cars per day. The property is strategically located to benefit from the transient traffic on Highway 51, as well as the 50,000 people located within an 8-minute drive. The property includes 16,057 rentable square feet on 1.49 acres, with ample parking. The building features steel frame construction with brick veneer.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    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
    -90.12807
    Latitude
    32.429754

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    FAQs

    What type of property is this?
    Shopping center - Retail property in Ridgeland, MS with high traffic volume.
    Where is this shopping center located?
    The property is located at 574 Highway 51 Ridgeland, MS.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - High traffic location on Highway 51 (25-30k cars per day).; - 16,057 rentable square feet.; - Located in Ridgeland, MS, near Jackson.
    (601) 906-8999
    Request Owner's contact information
    574 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
    574 Highway 51 Ridgeland, MS 39157
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