0 Northpark Dr Ridgeland, MS 39157
This 1.99-acre commercial lot, located on Northpark Dr. in Ridgeland, Mississippi (zip code 39157), presents a compelling development opportunity. Zoned C-2, this property enjoys a highly desirable location, offering excellent visibility and accessibility. Situated near major retail establishments including Newks, Kroger, Club4 Fitness, Primos, and Trustmark Bank, the property benefits from high traffic volume and established consumer base. Its proximity to Lake Harbor Drive and the 256-unit luxury apartment complex provides a strong residential foundation for commercial success. Furthermore, the property's adjacency to Ross Barnett Reservoir, a popular recreational area, enhances its appeal. The location within Madison County, a rapidly growing area with significant residential and office districts, ensures a robust market for development. This property is also located in an opportunity zone. Seller financing is available, making this an attractive investment for developers seeking a prime location with potential for significant return. The property's size and zoning provide flexibility for a variety of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.