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    Highland Colony Pkwy Ridgeland, MS 39110

    For Sale
    $2,613,600

    Prime Commercial Land in Ridgeland, MS

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 435,599 square foot commercial land parcel presents a remarkable investment opportunity in the thriving Madison County, Mississippi market. Located on Highland Colony Parkway in Madison, this property boasts a highly desirable location, just two miles from The Township at Colony Park and Renaissance at Colony Park, ensuring high visibility and accessibility. Its proximity to Madison Central High School, a top-rated public school, and the new Prado Vista Development, including Mississippi's first Top Golf, further enhances its appeal. The property's commercial zoning allows for a wide range of development possibilities, making it ideal for businesses seeking a strategic location with significant growth potential. The area also benefits from a robust medical district and convenient access to I-55 via Exits 108 and Lake Castle Road. With a list price of $2,613,600 and a land value of $6 per square foot, this property offers a compelling return on investment. Built-to-suit options are available, providing flexibility for potential buyers to tailor the development to their specific needs. This is a rare opportunity to acquire a prime commercial land parcel in one of Mississippi's fastest-growing areas. Don't miss out on this exceptional investment opportunity.

    Property Features for 0 Highland Colony Pkwy

    General Information

    Property type
    Land

    HighLights

    • $2,613,600 asking price.
    • Commercial land in Madison, MS.
    • Land value: $6/SF.
    • Located on Highland Colony Pkwy, Madison, MS 39110.
    • Two miles from The Township at Colony Park and Renaissance at Colony Park.
    • Adjacent to Madison Central High School.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ridgeland
    County
    Madison
    State
    Mississippi
    Longitude
    -90.153791843764
    Latitude
    32.46662419835

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land in Ridgeland, MS
    Where is this land located?
    The property is located at Highland Colony Pkwy Ridgeland, MS.
    What is the asking price?
    The asking price for this property is $2,613,600.
    What are key features of this property?
    This property features: $2,613,600 asking price.; Commercial land in Madison, MS.; Land value: $6/SF.
    Request Owner's contact information
    Highland Colony Pkwy Ridgeland, MS 39110
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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
    Highland Colony Pkwy Ridgeland, MS 39110
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