Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    650 Ridgewood Rd Ridgeland, MS 39157

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $8 SF/Yr

    7,500 SF flex space with office and dock doors.

    We can help!

    Listing Contact
    Sam Cox, Sior
    Source: Pinpointcres

    Listing Agent: Sam Cox, Sior

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

    Learn more

    Overview

    Ridgeland Industrial Flex Space

    Located on the corner of E State St and Ridgewood Rd in Ridgeland, MS, this 7,500 SF building offers a functional layout with approximately 2,000 SF of built-out office space. The property features two dock-high doors and provides easy ingress and egress. Situated in Madison County, it benefits from strategic positioning with convenient access to US-51, I-55, and I-220. The property is zoned I-1 (Light Industrial District). The location on Ridgewood Rd in Madison County provides high visibility and sees an average daily traffic count of 6,500. The property has been newly renovated.
    Location Intelligence

    Current Use by Public Records

    Quality Chemical & Supply ... Professional Services

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Building Supply Nail Salon Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    LandShark Seafood & Catfish

    Location Insight

    • Map
    • Local Demand
    City
    Ridgeland
    County
    Madison
    State
    Mississippi
    Longitude
    -90.140639
    Latitude
    32.402173

    Nearby Similar for Lease

    • $2,817 /Mo
      1,690 SF

      Ridgeland Office Building For Lease

      Three-story office building in Woodlands Office Park, Ridgeland, MS.
      795 Woodlands Pkwy, Ridgeland, MS 39157
      View Details
    • $1,248 /Mo
      749 SF

      Ridgeland Office Space For Rent

      Two-story office building in Woodlands Office Park, Ridgeland, MS.
      750 Woodlands Pkwy, Ridgeland, MS 39157
      View Details
    • $5,799 /Mo
      4,349 SF

      Ridgeland Office Building For Rent

      Two-story office building in Woodlands Office Park, Ridgeland, MS.
      750 Woodlands Pkwy, Ridgeland, MS 39157
      View Details
    • $3,995 /Mo
      2,179 SF

      Class A Office Space Available

      Three-story office building in a park-like setting with modern amenities.
      775 Woodlands Pkwy, Ridgeland, MS 39157
      View Details
    • $2,728 /Mo
      1,637 SF

      Ridgeland Office Building For Rent

      Two-story office building in Woodlands Office Park, Ridgeland, MS.
      750 Woodlands Pkwy, Ridgeland, MS 39157
      View Details
    • $4,239 /Mo
      2,312 SF

      Class A Office Building

      Three-story office building with modern amenities in a park-like setting.
      775 Woodlands Pkwy, Ridgeland, MS 39157
      View Details
    • $1,300 /Mo
      4,784 SF

      Ridgeland Commercial Property For Rent

      Commercial property in Ridgeland featuring offices, break room, bathroom.
      403 Towne Ctr Blvd Lot, Ridgeland, MS 39157
      View Details
    • $2,178 /Mo
      1,188 SF

      Prime Mixed-Use Commercial Development

      Well-located mixed-use property with high visibility and flexible floor plans.
      101 W Washington St, Ridgeland, MS 39157
      View Details
    • $3,800 /Mo
      2,200 SF

      Ridgeland Commercial Space For Rent

      Highly visible corner-unit commercial space in desirable Ridgeland business corridor.
      717 Rice Rd, Ridgeland, MS 39157
      View Details
    • $2,550 /Mo
      1,800 SF

      Ridgeland Retail Space For Rent

      Retail space available in newly renovated Centre Park.
      1060 E County Line Rd, Ridgeland, MS 39157
      View Details
    • $1,813 /Mo
      1,450 SF

      Prime Retail Space in Ridgeland

      High-visibility retail space with recent upgrades and flexible configurations.
      1060 E County Line Rd, Ridgeland, MS 39157
      View Details
    • $8,589 /Mo
      5,668 SF

      Restaurant Space with Patio Seating

      Highly visible restaurant space in a busy retail corridor.
      1060 E County Line Rd, Ridgeland, MS 39157
      View Details

    FAQs

    What type of property is this?
    Flex space - 7,500 SF flex space with office and dock doors.
    Where is this flex space located?
    The property is located at 650 Ridgewood Rd Ridgeland, MS.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Strategic location in Madison County with easy access to US-51, I-55, and I-220.; - Two (2) dock high doors for efficient loading and unloading.; - I-1 (Light Industrial District) zoning.
    (601) 586-3220
    Request Owner's contact information
    650 Ridgewood Rd Ridgeland, MS 39157
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    650 Ridgewood Rd
    Ridgeland, MS 39157
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    650 Ridgewood Rd Ridgeland, MS 39157
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sam Cox, Sior
    (601) 586-3220
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!