Property profile

601 Cres Blvd Ridgeland, MS 39157

OFF-MARKET
Other office properties
Property ID
US50-0714412
13,652 SF 1.34 ac lot Built 2004
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a Class A office building located at 601 Crescent Blvd, Suite 300, in Ridgeland, Mississippi, on a 1.34-acre lot along the Highland Colony Parkway corridor. It is positioned within approximately 0.5 miles of Interstate 55 and is situated near commercial amenities such as dining and shopping areas including Renaissance at Colony Park and The Township at Colony Park. The building totals approximately 4,019 square feet and includes a previously bank-occupied suite with an office-oriented, professional layout. The suite provides approximately 2,138 square feet of Class A office space, with the configuration capable of expansion to approximately 3,307 square feet. The space is suited for professional office uses such as financial services, law firms, consulting, and medical office users, among other corporate professional services.

Property profile

Verified
Property type Other office properties
Use group OFFICE (GENERAL)
Year built 2004
Total area 13,652 SF
Lot 1.34 ac (58,370 SF)
APN 071F-13C-002/01.01
UPID US50-0714412

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
  • Insurance Agency
  • Insurance Agency
  • Law Firm
  • Real Estate Agency
  • Bank Credit Union

Location

601 Cres Blvd Ridgeland, MS 39157-8636
Ridgeland metro Census 30205 JACKSON, MS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2023
Price N/A
2020
Price N/A
2020
Price N/A
2019
Price N/A
2018
Price N/A
2016
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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