Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    580 Highland Colony Pkwy Ridgeland, MS 39157
    Back to Search
    Property profile & analytics

    580 Highland Colony Pkwy Ridgeland, MS 39157

    View on Map
    • Land
    • 0.74 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 580 Highland Colony Pkwy

    Lot size
    0.74 lot acres
    Property type
    Land

    Description

    This exceptional offering presents a rare opportunity to acquire commercial land parcels in the thriving Ridgeland, Mississippi market. Located on Highland Colony Parkway, these tracts range from 0.74 to 21 acres and are zoned C-1 & C-2, allowing for a variety of commercial development options. The property boasts excellent visibility and accessibility, with convenient access to Interstate 55, ensuring high traffic volume and exposure for any future development. Situated in Madison County, this location is within one of Mississippi's fastest-growing submarkets, offering significant potential for long-term appreciation and strong returns on investment. The various parcel sizes cater to a range of development needs, from smaller retail spaces to larger-scale commercial projects. This is an ideal opportunity for investors and developers seeking a strategic location in a dynamic and expanding area. The property's prime location and flexible zoning make it an attractive investment for those looking to capitalize on the continued growth of Ridgeland. The address is 580 Highland Colony Pkwy, Ridgeland, MS 39157.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ridgeland
    County
    Madison
    State
    Mississippi
    Longitude
    -90.1654
    Latitude
    32.4164

    Comparable in this City

    • Value Estimation by Request
      80.50 Acres

      4684-4620 Greens Crossing Rd

      Land • 80.50 Acres
      4684-4620 Greens Crossing Rd, Ridgeland, MS 39157
      View Details
    • Value Estimation by Request
      3.04 Acres

      Lake Harbour Dr

      Land • 3.04 Acres
      0 Lake Harbour Dr, Ridgeland, MS 39157
      View Details
    • Value Estimation by Request
      10.81 Acres

      303 Highland Park Blvd

      Land • 10.81 Acres
      303 Highland Park Blvd, Ridgeland, MS 39157
      View Details
    • Value Estimation by Request
      1.61 Acres

      739 Rice Rd

      Land • 1.61 Acres
      739 Rice Rd, Ridgeland, MS 39157
      View Details
    • Value Estimation by Request
      4.80 Acres

      Cole Rd

      Land • 4.80 Acres
      0 Cole Rd, Ridgeland, MS 39157
      View Details
    • Value Estimation by Request
      10.24 Acres

      Highland Commerce Dr

      Land • 10.24 Acres
      0 Highland Commerce Dr, Ridgeland, MS 39157
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      3.8 Acres Ready to Build

      Land for sale in Ridgeland, Mississippi, ready to build.
      Towne Center Blvd, Ridgeland, MS 39157
      View Details
    • Contact for pricing

      Ridgeland Land For Sale

      3.8 acres of land ready for development in Ridgeland.
      Towne Center Blvd, Ridgeland, MS 39157
      View Details
    • Contact for pricing

      16.12 Acres Divisible Land

      16.12 acres of land, divisible.
      700 Town Ctr Blvd, Ridgeland, MS 39157
      View Details
    • $590,000
      7.90 Acres

      Ridgeland Commercial Land - $590K

      7.9 Acres, High Visibility, Opportunity Zone
      6655 Old Canton Rd, Ridgeland, MS 39157
      View Details
    • $1,698,840
      6.50 Acres

      Ridgeland Commercial Land - 6.5 Acres

      Prime Ridgeland location, exceptional development.
      6707 Old Canton Rd, Ridgeland, MS 39157
      View Details
    • $1,250,000
      57.00 Acres

      57 Acres Vacant Land Ridgeland

      57 acre vacant land with development potential in Ridgeland, MS.
      2300 West County Line Rd, Ridgeland, MS 39157
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Medical Office Building Pre-Leasing

      Medical office building for lease in high-demand area.
      Colony Park Blvd, Ridgeland, MS 39157
      View Details
    • Contact for pricing

      Ridgeland Commercial Lot For Sale

      Commercial lot in Ridgeland, MS, suitable for office or retail.
      632 Highway 51, Ridgeland, MS 39157
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      4.18-acre commercial parcel in a rapidly growing business corridor.
      388 Highland Colony Pkwy, Ridgeland, MS 39157
      View Details
    • Contact for pricing

      8.83 Acres Commercial Land Parcel

      Commercial land parcel for development or division.
      444 Northpark Dr, Ridgeland, MS 39157
      View Details
    • $1,160,000
      29,185 SF

      Prime Commercial Land Near Topgolf

      High-visibility land for lease near Topgolf in Ridgeland, MS.
      102 Topgolf Way, Ridgeland, MS 39157
      View Details
    • Contact for pricing

      Ridgeland Flex/Office Spaces Available

      Flex/office spaces for lease in Ridgeland, Mississippi.
      100-104 Business Park Dr, Ridgeland, MS 39157
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    580 Highland Colony Pkwy
    Ridgeland, MS 39157
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    580 Highland Colony Pkwy, Ridgeland, MS, 39157
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!