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    209 Ridgeland Ave Ridgeland, MS 39157

    For Lease
    $9 SF/Yr ($5,395 /Mo)

    Prime Ridgeland industrial warehouse for lease.

    Lot size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This 7,000-square-foot warehouse, located at 209 W Ridgeland Avenue in Ridgeland, Mississippi, presents a significant opportunity for businesses seeking a strategically located industrial space. The property sits on a 0.29-acre lot and is zoned I-1, offering flexibility for various industrial uses. The single-tenant building features three convenient drive-in doors, ensuring efficient loading and unloading operations. Its prime location along W Ridgeland Avenue provides excellent visibility and easy access to Highway 51, enhancing logistical capabilities. The warehouse boasts a completely renovated office area, reflecting a commitment to modern functionality. Further enhancing safety and compliance, a new sprinkler system has been recently installed. This property is ideal for businesses requiring a well-maintained, readily accessible warehouse in the thriving Ridgeland submarket of Madison County, Mississippi (zip code 39157). The building is currently vacant, offering immediate occupancy for the right tenant. The property's location offers significant advantages for businesses seeking a strong presence in this dynamic area of Mississippi.

    Property Features for 209 Ridgeland Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,000 SF
    Total Rate
    5395.83

    Unit(s) available at that property

    Space
    Suite A
    Size
    7,000 SF
    Rate per SF
    $9

    HighLights

    • 7,000 square foot flex/warehouse space in Madison County.
    • $9.25 per square foot, NNN.
    • Excellent access to Highways 51 and Interstate 55.
    • Features three grade‑level loading doors.
    • Office space has been removed.
    • Equipped with a new sprinkler system.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ridgeland
    County
    Madison
    State
    Mississippi
    Longitude
    -90.1291084
    Latitude
    32.4355882

    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Distribution property - Prime Ridgeland industrial warehouse for lease.
    Where is this distribution property located?
    The property is located at 209 Ridgeland Ave Ridgeland, MS.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 7,000 square foot flex/warehouse space in Madison County.; $9.25 per square foot, NNN.; Excellent access to Highways 51 and Interstate 55.
    Request Owner's contact information
    209 Ridgeland Ave Ridgeland, MS 39157
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    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
    209 Ridgeland Ave Ridgeland, MS 39157
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