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    Northpark Dr Ridgeland, MS 39157

    For Sale
    $289,000

    Prime Ridgeland development opportunity. Seller financing available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 1.99-acre commercial lot, located on Northpark Dr. in Ridgeland, Mississippi (zip code 39157), presents a compelling development opportunity. Zoned C-2, this property enjoys a highly desirable location, offering excellent visibility and accessibility. Situated near major retail establishments including Newks, Kroger, Club4 Fitness, Primos, and Trustmark Bank, the property benefits from high traffic volume and established consumer base. Its proximity to Lake Harbor Drive and the 256-unit luxury apartment complex provides a strong residential foundation for commercial success. Furthermore, the property's adjacency to Ross Barnett Reservoir, a popular recreational area, enhances its appeal. The location within Madison County, a rapidly growing area with significant residential and office districts, ensures a robust market for development. This property is also located in an opportunity zone. Seller financing is available, making this an attractive investment for developers seeking a prime location with potential for significant return. The property's size and zoning provide flexibility for a variety of commercial ventures.

    Property Features for 0 Northpark Dr

    General Information

    Property type
    Land
    Lot Size
    86,684 SF

    HighLights

    • $289,000 asking price.
    • 1.99‑acre commercial land parcel.
    • C‑2 zoning.
    • Located in Ridgeland, MS, Madison County, near major retail and residential areas.
    • Seller financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ridgeland
    County
    Madison
    State
    Mississippi
    Longitude
    -90.111863632518
    Latitude
    32.412068716731

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    FAQs

    What type of property is this?
    Land - Prime Ridgeland development opportunity. Seller financing available.
    Where is this land located?
    The property is located at Northpark Dr Ridgeland, MS.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: $289,000 asking price.; 1.99-acre commercial land parcel.; C-2 zoning.
    (601) 853-0032
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    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
    Northpark Dr Ridgeland, MS 39157
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