450 Towne Center Blvd Ridgeland, MS 39157
This exceptional 50,466 square foot medical office building presents a unique investment opportunity in Ridgeland, Mississippi. Located at 450 Towne Center Blvd, this two-story facility, built in 1997/1999, sits on a 5.14-acre lot and offers 50 private studio units, each approximately 1,150 square feet. The building features a second-story administrative component accessible by elevator and stairs, and boasts 94 parking spaces. The property's versatile design allows for various healthcare uses, including behavioral health, rehabilitation and addiction services, skilled nursing, or senior living. Its strategic location offers convenient access to major roadways, including Interstate 55 (approximately 100,000 vehicles per day), and is within close proximity to Jackson and Madison, MS. Nearby amenities include NorthPark Mall, Barnett Reservoir, and The Country Club of Jackson. All utilities and municipal services are readily available. The surrounding area includes multi-family residential to the north, the Ridgeland Fire Department and vacant land to the east, vacant land to the south, and single-family residential to the west. The asking price is $8,500,000, translating to $168.43 per square foot. This property is currently vacant and ready for immediate occupancy.
-
Arden Hospice Ridgeland Home Health Care Service
-
GERRY ANN HOUSTON Physician
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.