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Property profile & analytics
FOR SALE
Super regional malls

1230 E County Line Rd Ridgeland, MS 39157

11,073 SF Built 2008
Individually Owned 11-yr Hold Free & Clear
Property ID
US50-0700487
Property summary
AI-generated overview

Northpark Crossing, a prime retail investment opportunity in Ridgeland, Mississippi, presents a meticulously maintained 11,073 square foot shopping center. This single-story building, constructed in 2008 and extensively renovated in 2023, boasts four units currently enjoying 100% occupancy, generating a strong and stable income stream. Located at 1230 E County Line Rd, 39157, the property benefits from high visibility and a strategic location within the thriving Greater Jackson Metro area. The 43,512 square foot lot provides ample space, complemented by 37 parking spaces. The property features a modern and attractive façade, well-maintained landscaping, and a diverse tenant mix with a strong rental history. The asking price is $2,395,000, representing a compelling $216.29 per square foot and a 7.72% capitalization rate. The property is zoned C-6 and its APN is 072I-31D-001/01.08. This turnkey asset offers exceptional potential for investors seeking a stable, high-return investment in a dynamic retail market. Its proximity to major retail and dining establishments further enhances its appeal and investment potential. This is a rare opportunity to acquire a well-maintained, fully occupied retail center in a desirable location.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2008
Total area 11,073 SF
APN 072I-31D-001/01.08
UPID US50-0700487
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
  • US Coast Guard Recruiting Military Recruiting Office
  • Wireless Wizard - Cell Phone Repair - Ridgeland Mobile Phone Store Electronics & Wireless Store
  • Once Upon A Child - Ridgeland, MS Clothing & Fashion Store
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
International Bk Of Commerce · 11 yrs held
International Bk Of Commerce
since 2015
6 recorded transactions
2021
Price N/A
2015
$1.0M
2009
Price N/A
2007
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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