Property profile

0 Colony Park Blvd Ridgeland, MS 39157

OFF-MARKET
Land
2.93 ac lot
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Property summary

AI-generated overview

This exceptional 2.93-acre parcel is situated at the southeast corner of Colony Park Boulevard and Concourse Boulevard in Ridgeland, Mississippi, zip code 39157. Conveniently located off Interstate 55, this MU-1 zoned property offers unparalleled access and visibility. The land is ideally positioned within a thriving area known for its retail, office, and medical development. Its strategic location places it between the planned University of Mississippi Medical Center (UMMC) Healthcare Campus Development to the north and the existing Ridgeland Medical Office Building developed by Catalyst on Concourse Boulevard. This presents a unique opportunity for developers seeking to capitalize on the significant growth and demand in this highly sought-after area of Madison County. The property's size and zoning make it suitable for a variety of commercial and residential uses. This is a rare opportunity to acquire a substantial land holding in a prime location with excellent infrastructure and proximity to major transportation arteries. The property's location offers significant potential for future appreciation and strong returns on investment. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 2.93 ac (127,631 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Colony Park Blvd Ridgeland, MS 39157
Ridgeland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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