0 Colony Park Blvd Ridgeland, MS 39157
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.
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.
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.