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Property profile & analytics
OFF-MARKET
Super regional malls
6923 Old Canton Rd Ridgeland, MS 39157-1289
Entity Owned
11-yr Hold
Free & Clear
Property ID
US50-0222649
Property summary
AI-generated overview
Harbour Crossing presents a prime 30-acre commercial land development opportunity in Ridgeland, Mississippi. Strategically located in a Federal Opportunity Zone, this property boasts a newly constructed road, Harbour Crossing Drive, providing excellent connectivity. The road links Old Canton Road at the Palm Beach Shopping Center to Northpark Drive (south of Bank First) and also connects to Lake Harbour Road (east of Bull Dog Burger). This exceptional location offers various lot sizes, ranging from one to thirty acres, catering to diverse commercial projects. The land is zoned for commercial use, making it suitable for a wide array of developments, including office buildings, medical facilities, retail centers, banks, and restaurants. Infrastructure is complete and ready for immediate development. Lot prices range from $3 to $9 per square foot, depending on size and location. The APN is 072I-32A-013/12.00. This is an exceptional chance to acquire land in a thriving Mississippi community with convenient access and high visibility. The address is 6923 Old Canton Rd, Ridgeland, MS 39157.
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2005
Total area
11,457 SF
APN
072I-32A-013/12
UPID
US50-0222649
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
-
Fat Tuesday's Restaurant
-
Palm Beach Tan Tanning Salon
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Vip Nails Nail Salon
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Luxe Salon Hair Salon Nail Salon
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
Sunray Investments LLC · 11 yrs held
Sunray Investments LLC
since 2015
7 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
$24,526
Tax year 2023
Assessed value
$227,599
Assessed 2023
Previous assessed
$227,599
+0.0% YoY
Effective rate
10.78%
On assessed value
Land market value
$509,650
Improvement market value
$1,007,670
Total market value
$1,517,320
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
2005
Heating
NONE
Cooling
CENTRAL
Buildings
2
Total area
11,457 SF
APN
072I-32A-013/12
UPID
US50-0222649
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
2005
Heating
NONE
Cooling
Yes
Buildings
2
Current owner
From public records · entity-resolved
Sunray Investments LLC
Entity
Free & Clear · 11 yrs held
Mailing address
1012 MADISON AVE STE A, MADISON, MS 39110-6113
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2021
—
Ray Harrigill
—
Deed
related
—
May 6, 2019
—
Ray Harrigil
—
Deed
related
$900,000 · Trustmark Nat'l Bk
May 4, 2018
—
Sunray Investments LLC
—
Deed
related
—
Dec 8, 2016
—
Ray Harrigill
—
Deed
related
$625,000 · Trustmark Nat'l Bk
Feb 23, 2015
—
Sunray Investments LLC
Harrigill Ray & Monica
Warranty Deed
related
—
Sep 20, 2004
—
Ray Harrigill
Owner,record
Grant Deed
related
—
—
—
Ray Harrigil
—
Loan Modification
related
$900,000 · Trustmark Nat'l Bk
—
—
Ray Harrigill
—
Loan Modification
related
—
—
—
Ray Harrigill
—
Deed Of Trust
related
—
—
—
Ray Harrigill
—
Deed Of Trust
related
—
—
—
Ray Harrigill
—
Loan Modification
related
$625,000 · Trustmark Nat'l Bk
—
—
Sunray Investments LLC
—
Loan Modification
related
—
—
—
Ray Harrigill
—
Loan Modification
related
—
—
—
Ray Harrigill
—
Deed Of Trust
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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