Technical
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Property profile

525 Highland Colony Pkwy Ridgeland, MS 39157

OFF-MARKET
Land
8.26 ac lot
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Property summary

AI-generated overview

This exceptional 8.26-acre parcel of commercial land is strategically located at 525 Highland Colony Parkway in Ridgeland, Mississippi, zip code 39157. The property offers significant development potential, boasting a prime location with convenient access to major transportation arteries. Its proximity to Interstate 55 and Interstate 220 ensures excellent connectivity and accessibility for businesses and employees. Furthermore, the land's close proximity to Lake Harbour and the Renaissance Shopping Center provides immediate access to a thriving retail and residential community. The asking price for this remarkable opportunity is $1,655,105, translating to a land value of $4.60 per square foot. This makes it an attractive investment for developers seeking a high-visibility location in a rapidly growing area. The property's zoning allows for the construction of office buildings or light commercial uses, presenting a diverse range of development possibilities. This exceptional location, combined with its size and accessibility, makes this 8.26-acre tract a truly unique investment opportunity in the heart of Ridgeland, Madison County, Mississippi. The property is situated at latitude 32.4157652 and longitude -90.17359.

Property profile

Verified
Property type Land
Lot 8.26 ac (359,806 SF)

Cap rate & NOI

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

Location

525 Highland Colony Pkwy 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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