1600 E County Line Rd, Ridgeland, MS 39157
Prime retail location on County Line Road in Ridgeland, MS.
- Added:
- Mar 20, 2023
- Days on Market:
- 1183
- Last Refresh:
- Apr 5 at 9:13 pm
Property Features for 1600 E County Line Rd
General Information
- Standard status
- Active
- Size
- 13,000 SF
- Lot size
- 1.63 Acres
- Property subtype
- RETAIL
Properties For Sale
at 1600 E County Line Rd Contact us
Listing agent Micah McCullough License #B-18980 (601) 981-6800
Listing office NAI UCR Properties (601) 981-6800
Listing date Mar 20, 2023
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of NAI UCR Properties
HighLights
- Prime location on County Line Road, the most heavily trafficked retail area in the Jackson MSA.
- Superior access and visibility due to its hard corner location.
- Large 1.63 acre lot.
- Adaptable 13,000 square foot building suitable for single‑tenant, multiple suites, or redevelopment.
- Former CVS Health property.
- Opportunity for businesses to expand or grow their footprint in the Jackson MSA.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $195.0k | $15.00 |
| − Vacancy | −$14.2k | −$1.10 |
| EGI | $180.8k | $13.91 |
| − OpEx | −$54.2k | −$4.17 |
| NOI | $126.5k | $9.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ridgeland
- County
- Madison
- State
- Mississippi
- Longitude
- -90.123
- Latitude
- 32.4
