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Ridgeland Commercial Property Investment
For Sale
$529,000

741 Avignon Dr, Ridgeland, MS 39157

5,040 SF building with 5 units, 95% occupancy.

Property Size5,040 SF
Price / SF$104.96
Days on Market159

Property Features for 741 Avignon Dr

General Information

Standard status Active
Size 5,040 SF
Class B
Property subtype Office

Building Details

Building Size 5,040 SF
Year Built 1999
Listing Agency: Speed Commercial Real Estate
Listed By: Jeff Speed, CCIM · License #MS #16810
Source: Speedcres
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 8 at 6:18AM

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 Speed Commercial Real Estate

Investment Insights

Based on property information with market context.

Located in Ridgeland, MS, this commercial property features a 5,040 SF building with 5 units, presenting an investment opportunity with income potential. The property, built in 1999 and renovated in 2025, is zoned C-1. The property has a 95% occupancy rate. The surrounding neighborhoods offer a mix of commercial and residential areas. The location provides access to major roadways and proximity to Renaissance at Colony Park and the Northpark Mall. The Ross Barnett Reservoir and dining and recreational options contribute to the location's appeal.

Key Highlights

  • High Occupancy Rate: 95% occupancy ensures a steady and reliable return on investment.
  • Renovated in 2025: Modern and updated building appealing to tenants.
  • Income Potential: 5 units within a 5,040 SF building offer excellent income potential.

Property Analytics

Current Use

William I Gault ... Law Firm Endeiro Capital Partners ... Financial Advisor AT&T U-verse Telecommunications Service The Meeks Cockroft Agency Insurance Agency Capstone Construction Inc Construction Company

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

995
Businesses Nearby

Demographics for 39157, MS

24,611
Population
11,690
Households
2.1
Avg Household Size
39
Median Age
50%
College-Educated
94%
High-School Grad
30.0 sq mi
ZIP Area
820
Density / Sq Mi
$63,552
Median Household Income
$42,516
Median Earnings
$1,205
Median Rent
$259,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - 5,040 SF building with 5 units, 95% occupancy.
Where is this office building located?
The property is located at 741 Avignon Dr Ridgeland, MS.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: High Occupancy Rate: 95% occupancy ensures a steady and reliable return on investment.; Renovated in 2025: Modern and updated building appealing to tenants.; Income Potential: 5 units within a 5,040 SF building offer excellent income potential.
More about this property
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