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    403 B Towne Ctr Blvd Ridgeland, MS 39157

    Sponsored
    For Lease
    $12 SF/Yr ($5,000 /Mo)

    Prime Ridgeland location, flexible office space.

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional office building in Ridgeland, Mississippi offers 5,000 square feet of traditional office space, ideally suited for businesses seeking flexible layouts. The building is comprised of four suites, with a minimum divisible space of 1,150 square feet and a maximum contiguous space of 2,500 square feet. Currently, 1,385 square feet are available for lease. The building is a two-story structure without an elevator. The available space is located on the second floor and features a layout including four offices and a conference room, perfect for a variety of business needs. This property enjoys a highly desirable location in the heart of Ridgeland, conveniently situated near the intersection of Pear Orchard Boulevard and Towne Center Boulevard. Its strategic position provides easy access to major thoroughfares including Old Canton Road, Lake Harbour Road, Highway 51, and Countyline Road, ensuring excellent accessibility for employees and clients. The property is zoned for commercial use and is located in Madison County. This presents a rare opportunity to secure high-quality office space in a thriving Ridgeland submarket.

    Property Features for 403 B Towne Ctr Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF
    Total Rate
    5000

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Suite 103
    Size
    1,385 SF
    Rate per SF
    $12

    HighLights

    • Traditional office building totaling 5,000 square feet.
    • Multiple suites available, ranging from 1,150 to 2,500 contiguous square feet.
    • 1,385 square feet currently vacant.
    • Two‑story building with four total suites; no elevator.
    • Located in Ridgeland, MS, near Pear Orchard Blvd and Towne Center Blvd, with convenient access to major roadways.
    • Zoned Commercial, Madison County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ridgeland
    County
    Madison
    State
    Mississippi
    Longitude
    -90.12251613975
    Latitude
    32.407854115858

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Ridgeland location, flexible office space.
    Where is this office property / space located?
    The property is located at 403 B Towne Ctr Blvd Ridgeland, MS.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Traditional office building totaling 5,000 square feet.; Multiple suites available, ranging from 1,150 to 2,500 contiguous square feet.; 1,385 square feet currently vacant.
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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

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    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
    403 B Towne Ctr Blvd Ridgeland, MS 39157
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