779 Avery Blvd N Ridgeland, MS 39157
Two-story office building with additional suite on 1.35 acres.
- Added:
- Mar 3, 2026
- Days on Market:
- 129
- Last Refresh:
- Jun 28 at 8:06 pm
Property Features for 779 Avery Blvd N
General Information
- Standard status
- Active
- Size
- 10,498 SF
- Lot size
- 1.35 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1994
Listing office Backwoods Land Company
Listing date Mar 3, 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 Backwoods Land Company
Investment Insights
Based on property information with market context.
Key Highlights
- Prime commercial office property in the heart of Ridgeland, MS.
- Zoned C‑1 (Neighborhood Commercial District) supporting a wide range of professional and office uses.
- Two buildings: a 10,498± SF two‑story office building and a 1,158± SF two‑story building with garage.
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 | $182.7k | $17.40 |
| − Vacancy | −$33.8k | −$3.22 |
| EGI | $148.9k | $14.18 |
| − OpEx | −$37.2k | −$3.55 |
| NOI | $111.7k | $10.64 |
