Two-Level Office
403 Towne Center Blvd. Building C Ridgeland, MS 39157
New
For Sale
Contact for pricing
Office building with reception, multiple private offices, break room, and bathrooms on both levels.
Property Size4,784 SF
Price / SF$120.19
Days on Market6
Property Features for 403 Towne Center Blvd. Building C
General Information
Standard status
Active
Size
4,784 SF
Property subtype
OFFICE
Listing Agency:
PollesProperties, LLC
(601) 941-7168
Listed By:
John Polles · License #S49693
(601) 941-7168
Source:
Moodyscre
Added: Jul 24
Changed: Jul 27
Last Checked: Jul 28 at 3:43PM
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 PollesProperties, LLC
Investment Insights
Based on property information with market context.
This office building offers both upstairs and downstairs layout options. The space includes a reception area, four private offices, a break room, and bathrooms on both levels, providing a functional, client-ready configuration for day-to-day operations.
Located at 403 Towne Center Blvd., Building C in Ridgeland, the property is positioned for convenient access to major roads and is surrounded by retail, dining, and other professional services.
The overall arrangement supports a professional office setting with private work areas and shared amenities spread across two levels.
Located at 403 Towne Center Blvd., Building C in Ridgeland, the property is positioned for convenient access to major roads and is surrounded by retail, dining, and other professional services.
The overall arrangement supports a professional office setting with private work areas and shared amenities spread across two levels.
Key Highlights
- Office building at 403 Town Center Blvd in Ridgeland
- Layout includes a reception area, four private offices, a break room, and bathrooms on both levels
- Flexible setup with both upstairs and downstairs options for different business needs
Financial Insights For Office B
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 | $83.2k | $17.40 |
| − Vacancy | −$15.4k | −$3.22 |
| EGI | $67.8k | $14.18 |
| − OpEx | −$17.0k | −$3.55 |
| NOI | $50.9k | $10.64 |
4,784 SF · lease $17.40/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$726.9K
$636.0K – $848.0K
NOI $50,881 @ 7.0% cap · market cap 8.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$911.2K – $1.21M
NOI $72,899 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Office building with reception, multiple private offices, break room, and bathrooms on both levels.
Where is this office building located?
The property is located at 403 Towne Center Blvd. Building C Ridgeland, MS.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Office building at 403 Town Center Blvd in Ridgeland; Layout includes a reception area, four private offices, a break room, and bathrooms on both levels; Flexible setup with both upstairs and downstairs options for different business needs
