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    444 Northpark Dr Ridgeland, MS 39157

    For Sale
    $1,153,904

    8.83 Acres, Prime Commercial Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 8.83-acre commercial land parcel presents a unique investment opportunity in the thriving city of Ridgeland, Mississippi. Located at 444 Northpark Dr, 39157, this property offers significant development potential. The site is divisible, providing flexibility for various projects. Pricing is strategically structured to accommodate different development scenarios. The street-facing portion commands a price of $4.50 per square foot, while the rear section is offered at $1.50 per square foot. For buyers interested in purchasing the entire 8.83-acre site, a blended price of $3.00 per square foot is available. This represents a compelling value proposition at $130,680 per acre, totaling $1,153,904 for the entire property. Situated in Madison County, this location benefits from excellent access to major transportation routes and a robust local economy. The property's size and strategic location make it ideal for a wide range of commercial developments, from retail and office spaces to light industrial uses. Serious inquiries are encouraged to explore the possibilities of this prime commercial land offering. Detailed site plans and further information are available upon request. Don't miss this chance to acquire a significant piece of Ridgeland's commercial real estate landscape.

    Property Features for 444 Northpark Dr

    General Information

    Property type
    Land
    Lot Size
    384,635 SF

    HighLights

    • $1,153,904 asking price.
    • 8.83‑acre commercial land parcel.
    • Located at 444 Northpark Dr, Ridgeland, MS 39157.
    • Land value: $130,680 per acre.
    • Potentially divisible; pricing varies by section.
    Property Profile Location Intelligence

    Current Use by Public Records

    Colonial Heights Baptist ... Baptist Church

    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
    -90.1180763
    Latitude
    32.4048426

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    FAQs

    What type of property is this?
    Land - 8.83 Acres, Prime Commercial Site
    Where is this land located?
    The property is located at 444 Northpark Dr Ridgeland, MS.
    What is the asking price?
    The asking price for this property is $1,153,904.
    What are key features of this property?
    This property features: $1,153,904 asking price.; 8.83-acre commercial land parcel.; Located at 444 Northpark Dr, Ridgeland, MS 39157.
    Request Owner's contact information
    444 Northpark 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
    444 Northpark Dr Ridgeland, MS 39157
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