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    Property profile & analytics

    305 Hwy 51 Ridgeland, MS 39157-3428

    • Medical offices
    • 3,830 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US50-0029835
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details for 305 Hwy 51

    Year built
    1991
    Lot size
    0.58 lot acres
    Property size
    3,830 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    072I-30C-005/01.12
    APU
    072I30C0050112

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ridgeland
    County
    Madison
    State
    Mississippi
    Longitude
    -90.1381
    Latitude
    32.4161
    CBSA code
    27140
    CBSA name
    JACKSON, MS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,399
    $0.00
    $0.00
    $59,384
    -
    $176,850
    $219,040
    $395,890

    Comparable in this City

    • Value Estimation by Request
      3,624 SF

      8 Professional Pkwy

      MEDICAL BUILDING • 3,624 SF
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    • Value Estimation by Request
      2,165 SF

      297 Hwy 51

      MEDICAL BUILDING • 2,165 SF
      297 Hwy 51, Ridgeland, MS 39157-3423
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    • Value Estimation by Request
      6,525 SF

      6919 Old Canton Rd

      MEDICAL BUILDING • 6,525 SF
      6919 Old Canton Rd, Ridgeland, MS 39157-1268
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    • Value Estimation by Request
      3,366 SF

      1530 County Line Rd

      MEDICAL BUILDING • 3,366 SF
      1530 County Line Rd, Ridgeland, MS 39157-1905
      View Details
    • Value Estimation by Request
      3,550 SF

      370 Hwy 51

      MEDICAL BUILDING • 3,550 SF
      370 Hwy 51, Ridgeland, MS 39157-3426
      View Details
    • Value Estimation by Request
      2,885 SF

      865 Pear Orch Rd

      MEDICAL BUILDING • 2,885 SF
      865 Pear Orch Rd, Ridgeland, MS 39157-5105
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
      20,800 SF

      New Class A Office Space

      20,800 SF office, medical, and retail space for lease.
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    305 Hwy 51
    Ridgeland, MS 39157-3428
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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