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    Colony Park Blvd Ridgeland, MS 39157

    For Sale
    Contact for pricing

    Prime Ridgeland commercial land, I-55 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.93-acre parcel is situated at the southeast corner of Colony Park Boulevard and Concourse Boulevard in Ridgeland, Mississippi, zip code 39157. Conveniently located off Interstate 55, this MU-1 zoned property offers unparalleled access and visibility. The land is ideally positioned within a thriving area known for its retail, office, and medical development. Its strategic location places it between the planned University of Mississippi Medical Center (UMMC) Healthcare Campus Development to the north and the existing Ridgeland Medical Office Building developed by Catalyst on Concourse Boulevard. This presents a unique opportunity for developers seeking to capitalize on the significant growth and demand in this highly sought-after area of Madison County. The property's size and zoning make it suitable for a variety of commercial and residential uses. This is a rare opportunity to acquire a substantial land holding in a prime location with excellent infrastructure and proximity to major transportation arteries. The property's location offers significant potential for future appreciation and strong returns on investment. Serious inquiries are encouraged.

    Property Features for 0 Colony Park Blvd

    General Information

    Property type
    Land
    Lot Size
    127,631 SF

    HighLights

    • 2.93‑acre parcel in Ridgeland, MS (zip code 39157).
    • Easy I‑55 access.
    • Located in Madison County.
    • Situated between planned UMMC Healthcare Campus and existing Ridgeland Medical Office Building (developed by Catalyst).
    • MU‑1 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ridgeland
    County
    Madison
    State
    Mississippi
    Longitude
    -90.14879806
    Latitude
    32.44642524

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    FAQs

    What type of property is this?
    Land - Prime Ridgeland commercial land, I-55 access.
    Where is this land located?
    The property is located at Colony Park Blvd Ridgeland, MS.
    What are key features of this property?
    This property features: 2.93-acre parcel in Ridgeland, MS (zip code 39157).; Easy I-55 access.; Located in Madison County.
    (601) 586-3220
    Request Owner's contact information
    Colony Park Blvd Ridgeland, MS 39157
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Colony Park Blvd Ridgeland, MS 39157
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