Property profile

297 Us-51 Ridgeland, MS 39157

OFF-MARKET
Retail properties & Spaces
2,100 SF Built 1986
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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

Location

297 Us-51 Ridgeland, MS 39157
Ridgeland metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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