Property profile

385 Highland Colony Pkwy Ridgeland, MS 39157

FOR SALE
Office Spaces
Property ID
US50-0662884
64,960 SF 4.4 ac lot Built 1998
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional three-story, 99,320-square-foot office building at 385-B Highland Colony Parkway in Ridgeland, Mississippi, offers a variety of move-in-ready suites and build-to-suit options. Built in 2000, the property boasts attractive front and rear lobbies and a large boardroom available for tenant use. Tenants can choose from spaces ranging from a minimum of 1,774 square feet to a maximum contiguous space of 11,533 square feet, making it suitable for businesses of various sizes. The building features multiple tenancies and is conveniently located just 1.8 miles from Lake Harbour Drive and 2.75 miles from Interstate 55, providing easy access to major transportation routes. Modern amenities include elevators and an emergency generator, ensuring business continuity and tenant comfort. This upscale office space presents a prime opportunity for businesses seeking a prestigious and functional location in Ridgeland, MS. The property's zip code is 39157.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1998
Total area 64,960 SF
Lot 4.4 ac (191,664 SF)
APN 071H-27 -003/08
UPID US50-0662884

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
  • Corporate Office
  • (Bike/Boat/Book/etc) Store Printing Service
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Government Office

Location

385 Highland Colony Pkwy Ridgeland, MS 39157
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$810k

Owner & transaction history

1 recorded transaction
1969
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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