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    156 Alice Ln Ridgeland, MS 39157

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    For Sale
    $1,167,250

    80.5+/- acre development tract in Ridgeland, Madison County, MS.

    Lot size:
    80.50 Acres

    Property Features for 156 Alice Ln

    General Information

    Lot size
    80.50 Acres

    Source: Tom Smith Land and Homes | Madison Agent Tom Smith

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

    Overview

    Ridgeland Development Tract For Sale

    This 80.5+/- acre development tract is located 1.5 miles from The Renaissance and The Natchez Trace, and 0.25 miles from Bridgewater Subdivision. The property is situated in the City of Ridgeland, Madison County, MS, and fronts Greens Crossing Road. A conceptual site plan has been prepared for the property. The entire site is also permitted as a dirt pit.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Ridgeland
    County
    Madison
    State
    Mississippi
    Longitude
    -90.215805
    Latitude
    32.432034

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    FAQs

    What type of property is this?
    Land - 80.5+/- acre development tract in Ridgeland, Madison County, MS.
    Where is this land located?
    The property is located at 156 Alice Ln Ridgeland, MS.
    What is the asking price?
    The asking price for this property is $1,167,250.
    What are key features of this property?
    This property features: - 80.5+\/- acre development tract in Ridgeland, Madison County, MS; - Located 1.5 miles from The Renaissance and The Natchez Trace; - Conceptual site plan already prepared
    (601) 454-9397
    Request Owner's contact information
    156 Alice Ln 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
    156 Alice Ln Ridgeland, MS 39157
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