Property profile

625 Highland Colony Pkwy Ridgeland, MS 39157

FOR LEASE
Office Spaces
Property ID
US50-0037539
42,814 SF 2.41 ac lot Built 2005
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Class B office building, the 625 Parkway Building, offers a variety of executive office suites in Ridgeland, Mississippi. Located at 625 Highland Colony Parkway, zip code 39157, this property boasts excellent visibility and convenient access to I-55. Built in 2004, the building comprises a total of 44,848 square feet, with a range of spaces available to suit various business needs. Currently, there are 21,312 square feet of vacant space. The minimum divisible space is 776 square feet, while the maximum contiguous space available is 5,947 square feet. This presents a unique opportunity for businesses seeking flexible and upscale office accommodations. The building's multiple tenancy structure allows for a diverse range of occupants. The property's location on Highland Colony Parkway ensures high visibility and easy accessibility for clients and employees. This is an ideal location for businesses seeking a prestigious address in a thriving commercial area. Inquire today to explore the available spaces and secure your ideal office suite within this well-maintained and conveniently located building.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2005
Total area 42,814 SF
Lot 2.41 ac (104,980 SF)
APN 071G-25C-006/01.01
UPID US50-0037539

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
  • Title Company
  • Real Estate Agency
  • Employment Agency
  • Marketing & Advertising
  • Corporate Office Business Park

Location

625 Highland Colony Pkwy Ridgeland, MS 39157
Ridgeland metro Census 30206 JACKSON, MS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$775k

Owner & transaction history

since 2018
7 recorded transactions
2018
Price N/A
2018
Price N/A
2012
Price N/A
2012
Price N/A
2012
Price N/A
2011
Price N/A
2005
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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message