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Property profile & analytics
OFF-MARKET
Super regional malls
6800 Old Canton Rd Ridgeland, MS 39157-1254
Individually Owned
21-yr Hold
Free & Clear
Property ID
US50-0704840
Property summary
AI-generated overview
This +/- 1,200 square foot retail space is situated within the Spillway Village Shopping Center on Old Canton Road in Ridgeland, Mississippi, zip code 39157. Located in the Old Canton Road / Lake Harbour submarket cluster of Madison County, this single-tenant suite is part of a larger 16,000 square foot building. The space features several pre-installed booths, previously used as hair stylist stations, offering versatile options for various business types. Additional amenities include a restroom, breakroom, and a dedicated office area. The property is currently vacant and ready for immediate occupancy. The asking rental rate is $14 per square foot, plus utilities and any necessary janitorial services. This presents a unique opportunity for businesses seeking a well-appointed space in a high-traffic retail center. The property's address is 6800 Old Canton Rd, Ridgeland, MS.
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1987
Total area
8,480 SF
APN
072H-33B-136
UPID
US50-0704840
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
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AACE Personal Loans Loan Service
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E-Z Check Corporation Check Cashing
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Ridgeland Discount Wine & Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
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Outlash Esthetics Hair Salon Nail Salon
-
Michael Boykins Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Raja I Zabaneh · 21 yrs held
Raja I Zabaneh
since 2005
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ridgeland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgeland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,471
Tax year 2023
Assessed value
$60,053
Assessed 2023
Previous assessed
$60,053
+0.0% YoY
Effective rate
10.78%
On assessed value
Land market value
$148,500
Improvement market value
$251,850
Total market value
$400,350
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1987
Heating
NONE
Cooling
CENTRAL
Total area
8,480 SF
APN
072H-33B-136
UPID
US50-0704840
Jurisdiction
MADISON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Cooling
Yes
Current owner
From public records · entity-resolved
Raja I Zabaneh
Individual
Free & Clear · 21 yrs held
Mailing address
430 HWY 49TH S, RICHLAND, MS 39218-8403
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2026
—
Zad LLC
—
Deed
related
$90,000 · Trustmark National Bank
Aug 6, 2025
—
Zad LLC
—
Deed
related
$58,450 · Trustmark National Bank
Oct 7, 2024
—
Zad LLC
—
Deed
related
$30,150 · Trustmark National Bank
May 13, 2005
—
Raja I Zabaneh
Owner,record
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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