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Property profile & analytics
FOR LEASE
Office Spaces
1022 Highland Colony Pkwy Ridgeland, MS 39157
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US50-0634179
For Lease
1 / 2
$36 SF/Yr
1022 Highland Colony Pkwy, Ridgeland, MS 39157
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2006
Total area
48,621 SF
Lot
3.8 ac (165,528 SF)
APN
071F-24A-002/01
UPID
US50-0634179
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Merrill Lynch Financial Advisor Mark H Simpson Financial Advisor
-
Merrill Lynch Wealth Management Advisor Isaac Glenn Financial Advisor
-
Seventh Knight, Inc (Bike/Boat/Book/etc) Store Corporate Office
-
Unmanned Systems Group Training Center
-
Acuity Group, LLC. Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
100 Renaissance Group LLC · 4 yrs held
100 Renaissance Group LLC
since 2022
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ridgeland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgeland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$117,545
Tax year 2023
Assessed value
$915,483
Assessed 2023
Previous assessed
$915,483
+0.0% YoY
Effective rate
12.84%
On assessed value
Land market value
$744,880
Improvement market value
$5,358,340
Total market value
$6,103,220
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
2006
Heating
NONE
Cooling
CENTRAL
Stories
3
Total area
48,621 SF
Lot
3.8 ac (165,528 SF)
APN
071F-24A-002/01
UPID
US50-0634179
Jurisdiction
MADISON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Cooling
Yes
Stories
3
Lot
3.8 ac
Current owner
From public records · entity-resolved
100 Renaissance Group LLC
Entity
Mailing address
661 SUNNYBROOK RD STE #120, RIDGELAND, MS 39157-1805
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2022
—
100 Renaissance Group LLC
100 Renaissance LLC
Special Warranty Deed
$2,619,534 · Whitney Bank
Jun 7, 2016
—
100 Renaissance LLC
—
Deed
related
—
Jul 11, 2005
—
Record Owner
Owner,record
Quit Claim Deed
—
—
—
100 Renaissance LLC
—
Deed Of Trust
related
$8,237,671 · Sb&t Bank
—
—
100 Renaissance LLC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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