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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

297 Us-51 Ridgeland, MS 39157

2,100 SF Built 1986
Property ID
Property summary
AI-generated overview

This 2,100 square foot commercial condominium, located in the Victoria Station Professional Center along Highway 51 in Ridgeland, Mississippi (zip code 39157), is offered for sale at $295,000. The property, a Class B, single-unit building, is a vacant, move-in ready dental clinic within a larger complex. Built in 1986 and extensively renovated in 2020, this one-story building features new flooring, plumbing, insulation, and ceiling tiles. The space includes five exam stations with pediatric dental chairs and lighting equipment already in place. An x-ray room with equipment is also available. Two HVAC units service the building, one of which is new. The property is zoned C-2a and offers a convenient location for dental practice. The asking price equates to $140.48 per square foot. This is a single-tenant, modified leasehold property with no remaining lease term. The property is easily accessible and ready for immediate occupancy. This represents a unique opportunity to acquire a fully equipped and updated dental practice in a high-traffic area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1986
Total area 2,100 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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