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    Office Building with Two-Level Layout Title is generated by Realmo AI

    403 Towne Center Boulevard lot Bldg. C, Ridgeland, MS 39157

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    Claim this Listing
    For Sale
    $575,000

    COMMERCIAL - Ridgeland, MS

    Type:Office
    Property size:
    4,784 SF
    Lot size:
    0.49 Acres
    Price / SF:
    $120/SF
    Added:
    Apr 27, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 12 at 10:06 am

    Property Features for 403 Towne Center Boulevard lot Bldg. C

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Bathrooms
    1
    Rooms
    Bathroom 2, Bathroom 1
    Standard status
    Active
    APN
    072i-32b-001/01.08
    Size
    4,784 SF
    Lot size
    0.49 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 112.4' X 209.79' IN LOT 5 BLK 3 8 H C
    Tax Annual Amount
    13500

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1998
    Flooring type
    Wood, Carpet
    Roof type
    Shingle

    We can help!

    Listing Contact
    Amanda Polles
    Amanda Polles

    Listing agent Amanda Polles License #B20367

    Listing office Polles Properties, LLC 654 Bellevue Drive, Madison, MS

    Listing date Apr 27, 2026

    MLS# 4147419

    Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime Ridgeland location at 403 Town Center Blvd.
    • Flexible space with both upstairs and downstairs options.
    • Functional floor plan with reception area, four private offices, break room, and bathrooms on both levels.
    • Professional setting ideal for owner‑users or growth.
    • Convenient access to major roads, retail, dining, and professional services.
    • Great visibility and easy location for clients and staff.

    Overview

    This office building offers a practical two-level layout designed for professional use. The interior includes a reception area, four private offices, a break room, and bathrooms on both levels. The building is configured to support a straightforward tenant workflow, whether you need offices concentrated on one floor or a split arrangement across upstairs and downstairs spaces.

    The property is located at 403 Towne Center Boulevard in Ridgeland, Mississippi, within Madison County. It provides convenient access to major roads and is surrounded by retail, dining, and other professional services, which can support client and staff access.

    The space may suit owner-users looking for an established office setting with multiple private offices and shared support amenities. It can also be a fit for businesses that value flexibility between upstairs and downstairs options while keeping a reception-focused entry experience. With its professional layout and dual-floor bathroom availability, the building supports day-to-day operations for teams that need dedicated rooms in addition to shared common space.

    Local 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 (±1% cap)
    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 (±1% cap)
    NOI $72,899 @ 7.0% cap · market cap 12.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Ridgeland
    County
    Madison
    State
    Mississippi
    Longitude
    -90.1289
    Latitude
    32.42

    FAQs

    What type of property is this?
    Office building - Two-level office building with reception, private offices, break room, and bathrooms on both floors.
    Where is this office building located?
    The property is located at 403 Towne Center Boulevard lot Bldg. 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: Prime Ridgeland location at 403 Town Center Blvd.; Flexible space with both upstairs and downstairs options.; Functional floor plan with reception area, four private offices, break room, and bathrooms on both levels.
    More about this property
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