875 Northpark Dr Ridgeland, MS
4,475 SF office space with open area and offices.
- Added:
- Nov 24, 2025
- Days on Market:
- 228
- Last Refresh:
- Jun 30 at 9:06 am
Property Features for 875 Northpark Dr
General Information
- Standard status
- Active
- Size
- 4,475 SF
- Lot size
- 1.77 Acres
- Property subtype
- OFFICE
Listing office Estes Bush Real Estate (601) 906-8999
Listing date Nov 24, 2025
Source Moodyscre
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 Estes Bush Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- 4,475 SF Office Space available
- Features a large open area
- Several offices provide private workspaces
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 | $77.9k | $17.40 |
| − Vacancy | −$14.4k | −$3.22 |
| EGI | $63.5k | $14.18 |
| − OpEx | −$15.9k | −$3.55 |
| NOI | $47.6k | $10.64 |
