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    216 Industrial Dr Ridgeland, MS 39157

    For Lease
    $9 SF/Yr ($15,125 /Mo)

    20,167 SF Industrial Space, MS

    Lot size:
    20,167 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This single-tenant industrial property, located at 216 Industrial Dr, Ridgeland, MS 39157, offers 20,167 square feet of versatile space ideal for warehouse, flex, or distribution operations. Built in 1972, the building features an 18-foot ceiling height, enhancing storage and operational efficiency. Access is provided via one dock-high door and one drive-in door, ensuring convenient loading and unloading. The property also benefits from 3-phase power. Situated on a 0.98-acre lot, this property is zoned I-1, allowing for a variety of warehouse uses. The building includes approximately 2,000 square feet of finished office space. Its prime location in the Ridgeland submarket offers a desirable address with low traffic counts within a light industrial park, making it an excellent choice for distribution businesses seeking a strategic location with easy access. The property is currently fully vacant.

    Property Features for 216 Industrial Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,167 SF
    Total Rate
    15125.25

    Building Details

    Year Built
    1972

    Unit(s) available at that property

    Space
    Size
    20,167 SF
    Rate per SF
    $10

    HighLights

    • 20,167 SF single‑tenant industrial building in Ridgeland, MS.
    • Located in a limited industrial district in Madison County.
    • Features one dock‑high door and one drive‑in door.
    • Includes approximately 2,000 SF of finished office space.
    • Sits on a 0.98‑acre lot with 18' ceiling height and 3‑phase power.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    1-800-Packouts of Central Mississippi Water Damage Restoration Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ridgeland
    County
    Madison
    State
    Mississippi
    Longitude
    -90.141452876295
    Latitude
    32.423387698018

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    FAQs

    What type of property is this?
    Distribution property - 20,167 SF Industrial Space, MS
    Where is this distribution property located?
    The property is located at 216 Industrial Dr Ridgeland, MS.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 20,167 SF single-tenant industrial building in Ridgeland, MS.; Located in a limited industrial district in Madison County.; Features one dock-high door and one drive-in door.
    Request Owner's contact information
    216 Industrial Dr 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
    216 Industrial Dr Ridgeland, MS 39157
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