407 Towne Center Blvd Ridgeland, MS 39157
This exceptional 3.1-acre commercial land parcel presents a remarkable investment opportunity in the thriving Ridgeland, Mississippi market. Located at 407 Towne Center Boulevard, this property boasts an impressive 275 feet of frontage, providing unparalleled visibility to the high volume of traffic—approximately 19,000 vehicles daily. Its strategic location offers easy access to Interstates 55 and 269, ensuring excellent connectivity and accessibility for businesses and customers alike. The lot itself measures 275 feet in frontage and 316 feet in depth, providing ample space for development. The property is zoned for commercial use and benefits from readily available utilities, including electricity, water, gas, sewer, and storm drainage. The Madison County location, combined with its prominent visibility and convenient highway access, makes this a highly desirable site for a variety of commercial ventures. The asking price is $175,000. APN is 072I-32B-001/01.03. This is a rare opportunity to acquire a prime commercial land parcel in a rapidly growing area.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.