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    1025 Northpark Dr Ridgeland, MS 39157

    Sponsored
    For Sale
    $1,899,000

    Prime MS location, 26,622 SF, $1.899M

    Property size:
    26,622 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 26,622 square foot Class B office building, located at 1025 Northpark Dr in Ridgeland, Mississippi, is offered for sale at $1,899,000 ($71.33/SF). Priced below replacement cost, this owner-user opportunity is ideal for a variety of medical or traditional office uses. The property boasts a highly functional layout, including 30+ private offices, two executive suites each with private restrooms, a large lecture/work room, three conference rooms, and three break rooms, in addition to several cubicle/work areas. Its convenient location offers easy access to Lake Harbour and County Line Road, with an abundance of dining options nearby. Commuting is simplified by its proximity to Northeast Jackson, Ridgeland, Madison, and Brandon/Flowood via Spillway Road. Lease offers will also be considered. This property presents a compelling investment opportunity in a thriving Mississippi market. The building is situated in Madison County, zip code 39157.

    Property Features for 1025 Northpark Dr

    General Information

    Property type
    Medical offices
    Square Feet
    26,622 SF
    Class
    B

    HighLights

    • $1,899,000 asking price.
    • 26,622 square foot Class B office building.
    • $71.33 price per square foot.
    • Owner/user investment opportunity.
    • Located at 1025 Northpark Dr, Ridgeland, MS 39157.
    • Medical and traditional office space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Public Safety Planning ... Department Of Public Safety Thomas Randall L ... Psychologist First Fidelity of Central ... Financial Planner Irvine Access Floors Distribution Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ridgeland
    County
    Madison
    State
    Mississippi
    Longitude
    -90.1112829
    Latitude
    32.4108397

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    FAQs

    What type of property is this?
    Medical office - Prime MS location, 26,622 SF, $1.899M
    Where is this medical office located?
    The property is located at 1025 Northpark Dr Ridgeland, MS.
    What is the asking price?
    The asking price for this property is $1,899,000.
    What are key features of this property?
    This property features: $1,899,000 asking price.; 26,622 square foot Class B office building.; $71.33 price per square foot.
    Request Owner's contact information
    1025 Northpark Dr 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
    1025 Northpark Dr Ridgeland, MS 39157
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