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    409 Towne Center Blvd Ridgeland, MS 39157

    For Sale
    $235,000

    3.1-Acre Commercial Lot, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3.1-acre commercial land parcel presents a remarkable investment opportunity in the thriving Ridgeland, Mississippi market. Located at 409 Towne Center Boulevard, this property boasts an enviable location between Lake Harbour Drive and E County Line Road, offering unparalleled visibility and accessibility. The lot features 275 feet of frontage and a depth of 316 feet, providing ample space for a variety of commercial developments. With an asking price of $235,000, this represents a compelling land value of $165,000 per square foot. The property is zoned for commercial use and benefits from readily available utilities including electricity, water, gas, sewer, and storm drainage. Its strategic location provides easy access to major transportation arteries, including Interstates 55 and 269, ensuring high traffic volume estimated at 19,000 vehicles daily. This prime location, combined with its significant size and excellent infrastructure, makes this property ideal for a wide range of commercial ventures. The property's APN is 072I-32B-001/01.03. Don't miss this chance to acquire a highly desirable commercial land parcel in a rapidly growing area.

    Property Features for 409 Towne Center Blvd

    General Information

    Property type
    Land
    Lot Size
    135,036 SF

    HighLights

    • High visibility from major thoroughfare.
    • 275 feet of frontage.
    • High traffic count of 19,000 vehicles daily.
    • Convenient access to I‑55 and I‑269.
    • 275' x 316' lot.
    • Full utilities available (electric, water, gas, sewer, storm drain).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -90.1185897
    Latitude
    32.4087558

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    FAQs

    What type of property is this?
    Land - 3.1-Acre Commercial Lot, High Visibility
    Where is this land located?
    The property is located at 409 Towne Center Blvd Ridgeland, MS.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: High visibility from major thoroughfare.; 275 feet of frontage.; High traffic count of 19,000 vehicles daily.
    Request Owner's contact information
    409 Towne Center 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
    409 Towne Center Blvd Ridgeland, MS 39157
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