Property profile

780 Lake Harbour Dr Ridgeland, MS 39157

FOR SALE
Turn key restaurants
Property ID
US50-0749301
2,982 SF 0.83 ac lot Built 2010
Entity Owned 14-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional sublease opportunity presents a 2,911 square foot restaurant space in Ridgeland, Mississippi. Located at 780 Lake Harbour Dr, 39157, this single-tenant property sits on 8.34 acres of land zoned C-2A (APN: 072I-29D-002/03.00). The property boasts a high-traffic location on a five-lane arterial street, Lake Harbour Drive, recently extended to provide direct access to Highland Colony Parkway and the new Costco. This area enjoys exceptional visibility and accessibility, with a daily traffic count of 26,000 vehicles passing the property and an additional 15,000 on nearby Old Canton Road. Nearby businesses include Kroger, Walgreens, Planet Fitness, Wendy's, Shell, Applebee's, banks, apartments, and Northpark Mall (1.2 miles away). The sublease term expires July 30, 2030. Property taxes are $4.80 per square foot. This is an ideal location for a variety of restaurant concepts, benefiting from strong existing infrastructure and high consumer traffic. The entire 2,911 square foot building is currently vacant. This presents a unique chance to establish a thriving business in a high-demand area.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2010
Total area 2,982 SF
Lot 0.83 ac (36,155 SF)
APN 072I-29D-002/03
UPID US50-0749301

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

780 Lake Harbour Dr Ridgeland, MS 39157
Ridgeland metro Census 30104 JACKSON, MS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$615k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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