Property profile

116 Marketridge Dr Ridgeland, MS 39157

OFF-MARKET
Office Spaces
Property ID
US50-0394026
2,516 SF 1.29 ac lot Built 1987
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 116 Marketridge Drive in Ridgeland, Mississippi, presents a unique investment opportunity. The property encompasses two buildings totaling approximately 6,311 square feet situated on a 1.29-acre lot within the desirable Ridgeland Technical Industrial Park. One building offers roughly 2,500 square feet of space, while the second building provides approximately 3,900 square feet. Currently configured as a pediatric daycare center, the property's versatile layout offers potential for a variety of commercial uses. Its prime location provides excellent accessibility, with close proximity to Highland Colony Parkway, Interstate 220, and convenient access to Interstate 55 North and Interstate 20 East/West, as well as Jackson's airport. This strategic location ensures high visibility and easy commutes for employees and clients. The property's size and location make it an ideal investment for businesses seeking a well-established presence in a thriving commercial area. The ample space and convenient access to major transportation routes offer significant advantages for a wide range of commercial enterprises. This property is priced at $1,250,000.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1987
Total area 2,516 SF
Lot 1.29 ac (56,192 SF)
APN 071H-34D-004/01.11
UPID US50-0394026

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Laboratory

Location

116 Marketridge Dr Ridgeland, MS 39157-6009
Ridgeland metro Census 30206 JACKSON, MS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$500k

Owner & transaction history

since 2020
7 recorded transactions
2026
Price N/A
2025
Price N/A
2022
Price N/A
2022
Price N/A
2020
Price N/A
2020
Price N/A
2020
Price N/A

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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