Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Ridgeland, MS Development Tract Title is generated by Realmo AI

    Greens Crossing Road, Ridgeland, MS 39157

    View on Map
    Claim this Listing
    Picture of Land at Greens Crossing Road, Ridgeland, MS
    For Sale
    $1,060,000

    LAND - Ridgeland, MS

    Lot size:
    80.50 Acres
    Added:
    Mar 26, 2025
    Days on Market:
    438
    Last Refresh:
    Jun 6 at 12:06 am

    Property Features for Greens Crossing Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    071-20-006-01-00
    Lot size
    80.50 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    80.5 acres in Section 20, Township 7N, Range 1E
    Tax Annual Amount
    9999

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Tom N Smith

    Listing agent Tom N Smith License #B19359

    Listing office Tom Smith Land & Homes 112 Village Blvd., Madison, MS

    Listing date Mar 26, 2025

    MLS# 4108019 Listing URL

    Copyright © 2026 MLS United. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 80.5+/- acre development tract in Ridgeland, Madison County, MS.
    • Located 1.5 miles from The Renaissance and The Natchez Trace.
    • Situated only 1/4 mile from Bridgewater Subdivision.
    • Permitted as a dirt pit, offering income‑producing potential.
    • Conceptual site plan already prepared.
    • Water available.

    Overview

    This 80.5+/- acre commercial land development tract is located 1.5 miles from The Renaissance and The Natchez Trace, and 1/4 mile from Bridgewater Subdivision in Ridgeland, Madison County, MS. The property fronts Greens Crossing Road and is suited for development or residential use. A conceptual site plan is available. The entire site is permitted as a dirt pit, presenting an opportunity for income generation.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Ridgeland
    County
    Madison
    State
    Mississippi
    Longitude
    -90.219616
    Latitude
    32.437999

    Nearby Similar for Sale

    • $1,100,000
      10,521 SF

      Modernized Office/Warehouse Facility For Sale

      Turnkey Ridgeland property with high-quality office and warehouse capabilities.
      206 Park Court, Ridgeland, MS 39157
      View Details
    • $2,500,000
      10,125 SF

      Two-Story Showroom and Warehouse

      Two-story commercial building with showroom, storage, and oversized roll-up doors on a corner lot with ample parking.
      812 Lake Harbour Drive, Ridgeland, MS 39157
      View Details
    • $1,200,000
      4,812 SF

      Ridgeland Office Building For Sale

      Well-maintained office building in desirable commercial corridor.
      302 Highland Park Cove, Ridgeland, MS 39157
      View Details
    • $1,899,000
      26,622 SF

      Ridgeland Office Building For Sale

      Well-located, one-story office building in Ridgeland's Northpark corridor.
      1025 Northpark Drive, Ridgeland, MS 39157
      View Details
    • $575,000
      4,784 SF

      Ridgeland Office Building For Sale

      Office building in prime Ridgeland location with flexible space.
      403 Towne Center Boulevard lot: Bldg. C, Ridgeland, MS 39157
      View Details
    • $525,000

      Ridgeland Commercial Land For Sale

      4.8-acre commercial site in growing Highland Colony/220 Business Park.
      Cole Road, Ridgeland, MS 39157
      View Details
    • $1,596,910
      245,678 SF

      Prime Commercial Land Opportunity

      5.64 acres in Ridgeland's thriving business district.
      293 Marketridge Drive, Ridgeland, MS 39157
      View Details
    • $850,000
      7,924 SF

      Ridgeland Office Building Investment

      7,192 SF office building with 10 units in Ridgeland.
      751 Avignon Dr, Ridgeland, MS 39157
      View Details
    • $3,499,000
      108,029 SF

      Ridgeland Commercial Property For Sale

      Commercial property in Ridgeland, MS with income-producing potential.
      608 Highway 51, Ridgeland, MS 39157
      View Details
    • $535,000
      5,051 SF

      Ridgeland Office Building Investment

      5,051 SF office building in a strategic Ridgeland location.
      595 Northpark Dr, Ridgeland, MS 39157
      View Details
    • $615,000
      5,068 SF

      Ridgeland Office Building Investment

      Four-unit office building in Ridgeland, Mississippi, with 100% occupancy.
      740 Avignon Dr, Ridgeland, MS 39157
      View Details
    • $499,000
      10,628 SF

      Versatile Commercial Space in Ridgeland

      Efficient property with retail and climate-controlled warehouse space.
      301 Orchard Ct, Ridgeland, MS 39157
      View Details

    FAQs

    What type of property is this?
    Land - 80.5 acre development tract near Renaissance and Natchez Trace.
    Where is this land located?
    The property is located at Greens Crossing Road Ridgeland, MS.
    What is the asking price?
    The asking price for this property is $1,060,000.
    What are key features of this property?
    This property features: 80.5+/- acre development tract in Ridgeland, Madison County, MS.; Located 1.5 miles from The Renaissance and The Natchez Trace.; Situated only 1/4 mile from Bridgewater Subdivision.
    (601) 454-9397
    We can help!
    Listing Contact
    Tom N Smith
    Real Estate License ID: B19359
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Greens Crossing Road, Ridgeland, MS 39157
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!