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    632 Highway 51 Ridgeland, MS 39157

    For Sale
    $65,000

    Commercial lot in Ridgeland, MS, suitable for office or retail.

    Property size:
    17,685 SF
    Lot size:
    0.77 Acres

    Property Features for 632 Highway 51

    General Information

    Size
    17,685 SF
    Lot size
    0.77 Acres

    Source: Payne Realty Agent Tommy Payne, CCIM

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

    Overview

    Ridgeland Commercial Lot For Sale

    Located in Ridgeland, Mississippi, just off Highway 51 and near the intersection of Highway 51, W. Ridgeland Avenue, and Sunnycrest Drive, this commercial lot is available for sale. The property, zoned C-2a, offers 17685 square feet of space, making it suitable for a small office or retail building. A 50 ft setback from the residential area to the East could potentially be used for parking. The property is located one lot off of Highway 51.
    Property Profile 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
    -90.126099
    Latitude
    32.433439

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    FAQs

    What type of property is this?
    Commercial land - Commercial lot in Ridgeland, MS, suitable for office or retail.
    Where is this commercial land located?
    The property is located at 632 Highway 51 Ridgeland, MS.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: - Located just off Highway 51 in Ridgeland, Mississippi.; - Zoned C-2a, suitable for a small office or retail building.; - Priced at $65,000 or under $4/SF.
    (601) 956-2020
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    632 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
    632 Highway 51 Ridgeland, MS 39157
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