551 Ridgecrest Dr Madison, MS 39110-7470
- Day care centers
- 19,784 SF
- 6.66 lot acres
Current Use by Public Records
- Gracie South Jiu Jitsu & Kickboxing / Martial Arts School
Property Details for 551 Ridgecrest Dr
- Year built
- 2000
- Lot size
- 6.66 lot acres
- Property size
- 19,784 SF
- Property type
- Day care centers
- APN
- 072D-20A-002/01.24
- APU
- 072D20A0020124
Description
This exceptional 18,000-square-foot retail property, located at 551 Ridgecrest Drive in Madison, Mississippi, presents a compelling investment opportunity. Situated on a sizable 7.3-acre lot, this building offers a unique dual-use configuration. Currently, the first floor is leased to a daycare center, providing immediate income potential for an owner-user. The building features 9,000 square feet per floor, offering ample space for expansion or additional tenants. The property is zoned C-1, allowing for a variety of commercial uses. The expansive lot provides significant flexibility for future development or expansion. The flat, easily accessible land is an attractive feature for both current and future operations. The asking price is $1,650,000. This property is ideally suited for an owner-occupant seeking a combination of income generation and operational space, or an investor looking for a strong return on investment in a desirable Mississippi location. The property's location in Madison, Mississippi, zip code 39110, offers convenient access to major transportation routes and a thriving community. This is a rare opportunity to acquire a substantial retail property with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison
- State
- Mississippi
- Longitude
- -90.1104
- Latitude
- 32.4389
- CBSA code
- 27140
- CBSA name
- JACKSON, MS METROPOLITAN STATISTICAL AREA
