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Property profile & analytics
OFF-MARKET
Super regional malls

6954 Old Canton Rd Ridgeland, MS 39157-1293

12,829 SF 0.95 ac lot Built 1994
Entity Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US50-0207212
Property summary
AI-generated overview

This exceptional retail property, located at 6954 Old Canton Road in Ridgeland, Mississippi, 39157, offers 11,600 total square feet, with 6,700 square feet currently available for lease. The space is situated in a single-tenant building and is categorized as a shopping center. Approximately 75% of the available 6,700 square feet is open retail space, ideal for a variety of commercial uses. A smaller portion of the space could also function effectively as professional office space, offering flexibility for potential tenants. The property's layout allows for the possibility of subdividing the space to accommodate specific business needs. The asking rent is $14 per square foot on modified gross terms. Detailed pricing for subdivided spaces is available upon inquiry. This property enjoys a convenient location off Old Canton Road, just south of Lake Harbor, making it easily accessible to customers and employees. Interested parties should contact the listing agent for further details and to schedule a viewing.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1994
Total area 12,829 SF
Lot 0.95 ac (41,250 SF)
APN 072H-33B-143
UPID US50-0207212
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
  • Bladez Barber Shop
  • Silver Leaf Wines & Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Haute Hair and Nails 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
Brico Properties LLC · 21 yrs held
Brico Properties LLC
since 2004
7 recorded transactions
2019
Price N/A
2018
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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