Technical
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Property profile

7160 Old Canton Rd Ridgeland, MS 39157

OFF-MARKET
Land
2.02 ac lot
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Property summary

AI-generated overview

This exceptional 2.02-acre commercial land parcel presents a prime investment opportunity in Ridgeland, Mississippi. Located at 7160 Old Canton Rd, 39157, this property boasts a highly desirable C2A zoning designation, making it ideal for a variety of commercial developments, including retail, medical, or office buildings. The flat topography simplifies construction, and the location ensures high visibility and accessibility due to its frontage on both Old Canton Road and Rice Road. This specific parcel (072H-28C-120/01.04) is offered at $417,960 and has an annual property tax of $1,469.31. The property's strategic position within a high-traffic area promises strong returns on investment. While this parcel is being sold individually, it's important to note that this is one of four available tracts, two of which are divisible, offering flexibility for various development scenarios. Detailed information on the other parcels is available upon request. This is a rare opportunity to acquire a well-situated commercial property in a thriving Mississippi market. Don't miss out on this chance to build your business in a prime location.

Property profile

Verified
Property type Land
Lot 2.02 ac (87,991 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7160 Old Canton Rd Ridgeland, MS 39157
Ridgeland metro
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Value estimations

Realmo proprietary · 4 methods
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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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