409 Towne Center Blvd Ridgeland, MS 39157
This exceptional 3.1-acre commercial land parcel presents a remarkable investment opportunity in the thriving Ridgeland, Mississippi market. Located at 409 Towne Center Boulevard, this property boasts an enviable location between Lake Harbour Drive and E County Line Road, offering unparalleled visibility and accessibility. The lot features 275 feet of frontage and a depth of 316 feet, providing ample space for a variety of commercial developments. With an asking price of $235,000, this represents a compelling land value of $165,000 per square foot. The property is zoned for commercial use and benefits from readily available utilities including electricity, water, gas, sewer, and storm drainage. Its strategic location provides easy access to major transportation arteries, including Interstates 55 and 269, ensuring high traffic volume estimated at 19,000 vehicles daily. This prime location, combined with its significant size and excellent infrastructure, makes this property ideal for a wide range of commercial ventures. The property's APN is 072I-32B-001/01.03. Don't miss this chance to acquire a highly desirable commercial land parcel in a rapidly growing area.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.