591 Northpark Dr Ridgeland, MS 39157
Office building in a thriving business community for sale.
- Added:
- Feb 17, 2026
- Days on Market:
- 143
- Last Refresh:
- Jun 29 at 12:40 am
Property Features for 591 Northpark Dr
General Information
- Standard status
- Active
- Size
- 5,051 SF
- Property subtype
- Office
Listing office The Cress Group (601) 209-9200
Listing date Feb 17, 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 The Cress Group
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location within the vibrant Northpark Business Center.
- Easy access to major thoroughfares.
- Proximity to Renaissance at Colony Park's upscale amenities.
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 | $87.9k | $17.40 |
| − Vacancy | −$16.3k | −$3.22 |
| EGI | $71.6k | $14.18 |
| − OpEx | −$17.9k | −$3.55 |
| NOI | $53.7k | $10.64 |
