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Property profile & analytics
OFF-MARKET
Office Spaces

407 Orch Park Ridgeland, MS 39157-5134

2,159 SF 0.16 ac lot Built 1997
Entity Owned 5-yr Hold Free & Clear
Property ID
US50-0762686
Property summary
AI-generated overview

This exceptional Class A mixed-use property, located at 407 Orchard Park in Ridgeland, Mississippi, presents a unique investment opportunity. The 2,320 square foot building sits on a 0.25-acre lot and features four units, meticulously renovated in 2021. The building boasts a new roof and gutters (installed two years ago), fresh paint, and new flooring throughout. The layout includes five units downstairs and four upstairs, accessible via two separate staircases. Ample parking is available with ten spaces. The permitted zoning is B, making it suitable for a variety of office uses, including medical, legal, accounting, real estate, or corporate offices. The asking price is $395,000, translating to $170.26 per square foot. This turnkey property is ready for immediate occupancy, offering a blend of modern amenities and a desirable location in Madison County, Mississippi (zip code 39157). The property's APN is 0721-32C-003/15.00. This is an ideal opportunity for an owner-occupier or investor seeking a high-quality, well-maintained commercial property in a thriving Mississippi market. The two-story building offers a versatile space perfect for a variety of professional uses.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1997
Total area 2,159 SF
Lot 0.16 ac (6,970 SF)
APN 072I-32C-003/15
UPID US50-0762686
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
  • Compton Engineering Engineer
  • Beatzbybee Hair Salon
  • My Brother's Keeper Inc Social Service Agency Charitable Organization
  • Supported Living Nursing Home Retirement Community
  • A NEW YOU HAIR SALON & SUITES LLC Hair Salon
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
by Request
Owner & transaction history
Muse LLC · 5 yrs held
Muse LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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