Property profile

407 Orch Park Dr Ridgeland, MS 39157

OFF-MARKET
Retail properties & Spaces
2,320 SF 0.25 ac lot Built 1998
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Property summary

AI-generated overview

This exceptional 2,320 square foot retail property, situated on a 0.25-acre lot at 407 Orchard Park Drive Unit Building, Ridgeland, MS, presents a unique investment opportunity. The building boasts ten individual office suites, ideal for a variety of businesses or a single entity seeking ample space. Recent renovations have revitalized both the interior and exterior, ensuring a modern and appealing aesthetic. A brand new roof and rain gutters (installed less than a year ago) provide peace of mind and long-term cost savings. The interior features attractive wood flooring on the ground floor and commercial-grade carpeting upstairs, offering a blend of style and durability. The building's functionality is enhanced by three separate ground-floor entries and two dedicated stairwells leading to the upper level, providing convenient access and privacy for tenants. Furthermore, the entire interior, including all ductwork, has undergone professional commercial sanitization, ensuring a clean and healthy environment. This meticulously maintained property offers a compelling combination of modern amenities, strategic location, and significant potential for return on investment. The property's excellent condition and recent upgrades minimize immediate capital expenditure needs, making it an attractive option for discerning investors seeking a turnkey solution in the thriving Ridgeland market.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1998
Total area 2,320 SF
Lot 0.25 ac (10,890 SF)

Cap rate & NOI

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

Location

407 Orch Park Dr 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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