206 Park Ct, Ridgeland, MS 39157
Turnkey flex facility with extensive renovations and upgrades.
- Added:
- Mar 18, 2026
- Days on Market:
- 103
- Last Refresh:
- Mar 20 at 12:18 am
Property Features for 206 Park Ct
General Information
- Standard status
- Active
- Size
- 10,521 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2005
Listing office OVERBY (601) 624-8511
Listing date Mar 18, 2026
Source Crexi
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 OVERBY
HighLights
- Extensively renovated flex facility
- Turnkey condition
- Over $250,000 in upgrades
- Built in 2005
Overview
Local Financial Insights For Flex RnD
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 | $147.7k | $14.04 |
| − Vacancy | −$17.7k | −$1.68 |
| EGI | $130.0k | $12.36 |
| − OpEx | −$45.5k | −$4.32 |
| NOI | $84.5k | $8.03 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- RWB Hospitality LLC — 214 Draperton Dr, Ridgeland, MS 39157
Location Insight
- Map
- Local Demand
- City
- Ridgeland
- County
- Madison
- State
- Mississippi
- Longitude
- -90.138949
- Latitude
- 32.425514
