Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    220 Marketridge Dr Ridgeland, MS 39157

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Class A Industrial Space - New Construction

    Property Features for 220 Marketridge Dr

    General Information

    Property type
    Land
    Lot Size
    33,106 SF

    We can help!

    Listing Contact
    Sam Cox
    Sam Cox

    Listing Agency: Pinpoint Commercial Real Estate Listing Agent: Sam Cox

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 7,323-square-foot Class A warehouse, built in 2023, presents a unique opportunity in Lubbock County. Situated on a spacious 43,888-square-foot lot (APN R335733), this single-tenant property boasts a modern design and high-quality construction by Campbell Steel Buildings. The building features a fully insulated interior, complete with a restroom, three private offices, a reception area, a conference room, and a convenient breakroom. Productivity is enhanced by two large overhead warehouse doors, providing easy access for loading and unloading. Ample covered parking is available via a side carport. A significant advantage is the inclusion of a secure stackyard, fully enclosed by a solid metal fence and gate, offering substantial storage and security. This turnkey industrial space is ideal for a variety of businesses seeking a modern, efficient, and secure location in a prime Lubbock County location. The property is a single-story building and represents a rare opportunity for new construction in this desirable area. The combination of office and warehouse space, along with the secure stackyard, makes this property exceptionally versatile and attractive to a wide range of potential tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Auto Repair Shop Big Box & Wholesale Store Pharmacy Skin Care Clinic Kitchen & Bath Showroom Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ridgeland
    County
    Madison
    State
    Mississippi
    Longitude
    -90.17270276
    Latitude
    32.40954363

    Nearby Similar for Sale

    • $2,500,000
      10,125 SF

      Ridgeland Commercial Building and Business

      High-visibility commercial building with established business in thriving Ridgeland.
      812 Lake Harbour Dr, Ridgeland, MS 39157
      View Details
    • New
      $175,500
      1,244 SF

      Remodeled Duplex in Ridgeland, MS

      Modern 2 bed, 2 bath duplex with stylish upgrades.
      327 Peach Orchard Dr, Ridgeland, MS 39157
      View Details
    • $3,975,000
      108,029 SF

      Ridgeland Commercial Investment Opportunity

      Office, retail, and warehouse spaces producing $30k monthly income.
      608 Highway 51, Ridgeland, MS 39157
      View Details
    • $1,200,000
      4,812 SF

      Ridgeland Office Building For Sale

      Well-maintained office building in desirable commercial corridor.
      302 Highland Park Cv, Ridgeland, MS 39157
      View Details
    • $1,899,000
      26,622 SF

      Ridgeland Office Building For Sale

      Well-located, one-story office building in Ridgeland's Northpark corridor.
      1025 Northpark Dr, Ridgeland, MS 39157
      View Details
    • Contact for pricing
      16,000 SF

      Newly Renovated Office Building

      Modern office building with flexible layouts and prime location.
      587 Highland Colony Pkwy, Ridgeland, MS 39157
      View Details
    • $2,037,000
      11 SF

      Ridgeland Strip Center For Sale

      11,380 SF strip center with four units in Ridgeland.
      1230 E County Line Rd, Ridgeland, MS 39157
      View Details
    • $735,000
      5,460 SF

      Renovated Office Building Opportunity

      Vacant, renovated office building suitable for owner-occupant or multiple tenants.
      710 Avignon Dr, Ridgeland, MS 39157
      View Details
    • $1,195,000
      7,300 SF

      Ridgeland Office Building For Sale

      7,300 SF office building with long-term lease in place.
      690 Towne Center Blvd, Ridgeland, MS 39157
      View Details
    • $4,375,000
      15,401 SF

      MS Retail Portfolio: 17-Tenant Investment

      High-Yield Retail Portfolio in MS
      201 Ring Rd, Ridgeland, MS 39157
      View Details
    • Contact for pricing
      28,297 SF

      Ridgeland Retail/Office Building For Sale

      Prominent brick building with retail, office, and warehouse space.
      127 Dyess Rd, Ridgeland, MS 39157
      View Details
    • $2,250,000
      13,000 SF

      Former CVS Health Property Available

      Prime retail location on County Line Road in Ridgeland, MS.
      1600 E County Line Rd, Ridgeland, MS 39157
      View Details

    FAQs

    What type of property is this?
    Land - Class A Industrial Space - New Construction
    Where is this land located?
    The property is located at 220 Marketridge Dr Ridgeland, MS.
    What are key features of this property?
    This property features: 7,323 SF Class A industrial warehouse, built in 2023.; Single-tenant occupancy.; 43,888 SF lot size in Lubbock County (APN R335733).
    (601) 586-3220 Call to check price and availability
    Request Owner's contact information
    220 Marketridge Dr Ridgeland, MS 39157
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    220 Marketridge Dr
    Ridgeland, MS 39157
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    220 Marketridge Dr Ridgeland, MS 39157
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Sam Cox
    Sam Cox
    Real Estate License ID: B-22593
    (601) 586-3220
    Learn more
    Google sign-in failed. Please try again or use another login method.