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    407 Towne Center Blvd Ridgeland, MS 39157

    For Sale
    $175,000

    3.1-acre lot, high visibility, I-55 access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 3.1-acre commercial land parcel presents a remarkable investment opportunity in the thriving Ridgeland, Mississippi market. Located at 407 Towne Center Boulevard, this property boasts an impressive 275 feet of frontage, providing unparalleled visibility to the high volume of traffic—approximately 19,000 vehicles daily. Its strategic location offers easy access to Interstates 55 and 269, ensuring excellent connectivity and accessibility for businesses and customers alike. The lot itself measures 275 feet in frontage and 316 feet in depth, providing ample space for development. The property is zoned for commercial use and benefits from readily available utilities, including electricity, water, gas, sewer, and storm drainage. The Madison County location, combined with its prominent visibility and convenient highway access, makes this a highly desirable site for a variety of commercial ventures. The asking price is $175,000. APN is 072I-32B-001/01.03. This is a rare opportunity to acquire a prime commercial land parcel in a rapidly growing area.

    Property Features for 407 Towne Center Blvd

    General Information

    Property type
    Land
    Lot Size
    135,036 SF

    HighLights

    • Excellent visibility with 275 feet of frontage on Towne Center Boulevard, Ridgeland, MS, experiencing approximately 19,000 vehicles daily.
    • Easy access to Interstates 55 and 269.
    • 3.1‑acre lot with 275' frontage and 316' depth.
    • All utilities available (electric, water, gas, sewer, storm drain).
    • Zoned for commercial use; Asking price: $175,000; APN: 072I‑32B‑001/01.03.
    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
    -90.12108152
    Latitude
    32.40781254

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    FAQs

    What type of property is this?
    Land - 3.1-acre lot, high visibility, I-55 access
    Where is this land located?
    The property is located at 407 Towne Center Blvd Ridgeland, MS.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: Excellent visibility with 275 feet of frontage on Towne Center Boulevard, Ridgeland, MS, experiencing approximately 19,000 vehicles daily.; Easy access to Interstates 55 and 269.; 3.1-acre lot with 275' frontage and 316' depth.
    Request Owner's contact information
    407 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
    407 Towne Center Blvd Ridgeland, MS 39157
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