Flex Space with
812 Lake Harbour Drive, Ridgeland, MS 39157
For Sale
$2,500,000
Commercial Sale, Ridgeland, MS
Property Size10,125 SF
Lot Size1.47 Acres
Price / SF$246.91
Days on Market135
Property Features for 812 Lake Harbour Drive
General Information
Property type
Property subtype
Zoning description
Parking
Parking features
Exterior features
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
spacious front showroom with large storefront windows
dedicated display areas
warehouse and storage space
multiple work areas
oversized roll-up doors
public utilities
central HVAC
Building Details
Floors in Building
Roof type
Buildings
Listing Agency:
Fast Track Realty
(901) 767-8770
Listed By:
Seth E Spratlin · License MS S54908
(662) 822-1555
Added: Jul 1
Changed: Oct 29
Last Checked: Nov 12 at 7:06AM
MLS# 4154544
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 10,125-square-foot flex property occupies 1.47 acres in Ridgeland. Its layout combines a front showroom and display areas with warehouse and storage space, multiple work areas, and oversized roll-up doors. The metal building has central HVAC and access to public water and sewer. Approximately 31 parking spaces serve the site.
Positioned on Lake Harbour Drive, the property is near retailers, restaurants, residential neighborhoods, and business centers. I-55, the Ross Barnett Reservoir, County Line Road, and Highland Colony Parkway are also nearby. The existing business operation and contents may be available along with the real estate, if desired.
Positioned on Lake Harbour Drive, the property is near retailers, restaurants, residential neighborhoods, and business centers. I-55, the Ross Barnett Reservoir, County Line Road, and Highland Colony Parkway are also nearby. The existing business operation and contents may be available along with the real estate, if desired.
Key Highlights
- 10,125 square feet on 1.47 acres
- Front showroom with display areas, warehouse and storage space, and multiple work areas
- Oversized roll‑up doors and metal construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,552
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,971,040
$2.0M
Cap Rate 7%
$1,407,886
$1.4M
Cap Rate 9%
$1,095,022
$1.1M
Market Conditions
NOI Build-Up for 10,125 SF
Gross rent
$151.9K $15.00/SF
− Vacancy
−$11.1K −$1.10/SF
EGI
$140.8K $13.91/SF
− OpEx
−$42.2K −$4.17/SF
NOI
$98.6K $9.73/SF
Area
Madison County, MS
Vacancy
7.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,971,040
Cap Rate 7%
$1,407,886
Cap Rate 9%
$1,095,022
Alternative Uses
Best Use
Retail
$1.41M
$1.23M – $1.64M
NOI $98,552 @ 7.0% cap · market cap 3.94%
Second Best
Flex RnD
$1.16M
$1.02M – $1.36M
NOI $81,313 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$2.20M
$1.93M – $2.57M
NOI $154,286 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 39157, MS
24,611
Population
11,690
Households
2.1
Avg Household Size
39
Median Age
50%
College-Educated
94%
High-School Grad
30.0 sq mi
ZIP Area
820
Density / Sq Mi
$63,552
Median Household Income
$42,516
Median Earnings
$1,205
Median Rent
$259,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Madison County, MS
Properties on Market for Flex space in Madison County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Penn's | Fish House Restaurants — 796 Lake Harbour Dr, Ridgeland, MS 39157
Frequently Asked Questions
What type of property is this?
Flex space - A showroom, work areas, and warehouse space are arranged within a metal building with central HVAC.
Where is this flex space located?
The property is located at 812 Lake Harbour Drive Ridgeland, MS.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 10,125 square feet on 1.47 acres; Front showroom with display areas, warehouse and storage space, and multiple work areas; Oversized roll‑up doors and metal construction
