Allerton Blvd Ridgeland, MS 39157
- Land
- 3.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Allerton Blvd
- Lot size
- 3.00 lot acres
- Property type
- Land
Description
This exceptional 3-acre commercial land parcel is strategically located on North Allerton Boulevard in Ridgeland, Mississippi, offering significant development potential. Situated east of Old Canton Road, just south of the Old Canton Road/Lake Harbor intersection, this property benefits from its prime location within a rapidly growing area. The C-1 zoning permits low-density commercial development, allowing for a flexible approach to project design. Specifically, the zoning allows for a mix of uses, including up to 75% office space and 25% warehouse space. There's also potential for limited residential development. The property's adjacency to new and upcoming developments further enhances its value and investment appeal. This thriving area is witnessing a surge in both commercial and residential construction, making this a highly attractive opportunity for investors seeking to capitalize on the region's growth trajectory. The asking price is $450,000, translating to $4.25 per square foot. This represents a compelling investment opportunity in a dynamic and expanding market. The property is owned by a partnership.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ridgeland
- County
- Madison
- State
- Mississippi
- Longitude
- -90.105
- Latitude
- 32.4096
