Technical
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Property profile

7148 Old Canton Rd Ridgeland, MS 39157

OFF-MARKET
Land
0.64 ac lot
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Property summary

AI-generated overview

This exceptional 0.64-acre commercial land parcel is ideally situated on Old Canton Road in Ridgeland, Mississippi, zip code 39157. The property, designated as Parcel 072H-28C-120/02.02, boasts a flat topography and is zoned C2A, making it suitable for a variety of commercial developments, including retail, medical, or office buildings. Its prime location ensures high visibility and accessibility due to its frontage on a major thoroughfare. The asking price for this attractive investment opportunity is $132,420. Annual property taxes are $372.42. This is one of four available tracts; two are divisible. The other parcels range in size from 1.61 to 3.22 acres and are priced accordingly. Detailed information on these additional parcels is available upon request. This property presents a unique chance to acquire a well-located commercial lot in a thriving Mississippi market. The level terrain simplifies development, and the high traffic volume ensures significant exposure for any future business. Don't miss this opportunity to secure a valuable piece of Ridgeland real estate.

Property profile

Verified
Property type Land
Lot 0.64 ac (27,878 SF)

Cap rate & NOI

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

Location

7148 Old Canton Rd Ridgeland, MS 39157
Ridgeland metro
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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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