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    Colony Park Blvd Ridgeland, MS 39157

    For Lease
    Contact for pricing

    50,000 SF Medical Office Building, Pre-Leasing

    Lot size:
    50,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A medical office building, totaling 50,000 square feet, is available for pre-leasing. Situated on a 2.93-acre lot in Madison County, Mississippi, this single-tenant property boasts a highly desirable location at the southeast corner of Colony Park Boulevard and Concourse Boulevard in Ridgeland (zip code 39157). The property's convenient access to Interstate 55 places it within easy reach of a large patient and employee base. Its strategic placement between the planned UMMC Healthcare Campus Development to the north and the existing Ridgeland Medical Office Building developed by Catalyst on Concourse Boulevard ensures high visibility and strong potential for growth within a thriving medical corridor. The building is zoned MU-1, reflecting its suitability for medical and commercial uses. The entire 50,000 square feet is currently vacant, presenting a unique opportunity for a single tenant to establish a significant presence in this rapidly developing area. This property offers a rare combination of size, location, and class, making it an ideal investment for healthcare providers seeking a prominent and accessible location. The property is classified as both Office and Land.

    Property Features for 0 Colony Park Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,000 SF
    Class
    A

    Unit(s) available at that property

    Space
    Available Space
    Size
    50,000 SF

    HighLights

    • Class A medical office building.
    • Excellent I‑55 accessibility.
    • Madison County location.
    • Situated between the planned UMMC Healthcare campus and the Catalyst‑developed Ridgeland medical office building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Ridgeland
    County
    Madison
    State
    Mississippi
    Longitude
    -90.136476
    Latitude
    32.4464249

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    FAQs

    What type of property is this?
    Medical office - 50,000 SF Medical Office Building, Pre-Leasing
    Where is this medical office located?
    The property is located at Colony Park Blvd Ridgeland, MS.
    What are key features of this property?
    This property features: Class A medical office building.; Excellent I-55 accessibility.; Madison County location.
    Request Owner's contact information
    Colony Park 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

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    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
    Colony Park Blvd Ridgeland, MS 39157
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