116 Marketridge Dr Ridgeland, MS 39157-6009
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.
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Pediatric Place Medical Day Center Medical Clinic
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Metric Lab Services Laboratory
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.