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Property profile & analytics
FOR SALE
Turn key restaurants

780 Lake Harbour Dr Ridgeland, MS 39157

2,982 SF 0.83 ac lot Built 2010
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US50-0749301
Property summary
AI-generated overview

This exceptional sublease opportunity presents a 2,911 square foot restaurant space in Ridgeland, Mississippi. Located at 780 Lake Harbour Dr, 39157, this single-tenant property sits on 8.34 acres of land zoned C-2A (APN: 072I-29D-002/03.00). The property boasts a high-traffic location on a five-lane arterial street, Lake Harbour Drive, recently extended to provide direct access to Highland Colony Parkway and the new Costco. This area enjoys exceptional visibility and accessibility, with a daily traffic count of 26,000 vehicles passing the property and an additional 15,000 on nearby Old Canton Road. Nearby businesses include Kroger, Walgreens, Planet Fitness, Wendy's, Shell, Applebee's, banks, apartments, and Northpark Mall (1.2 miles away). The sublease term expires July 30, 2030. Property taxes are $4.80 per square foot. This is an ideal location for a variety of restaurant concepts, benefiting from strong existing infrastructure and high consumer traffic. The entire 2,911 square foot building is currently vacant. This presents a unique chance to establish a thriving business in a high-demand area.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2010
Total area 2,982 SF
Lot 0.83 ac (36,155 SF)
APN 072I-29D-002/03
UPID US50-0749301
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
HERITAGE JADE LLC
HERITAGE JADE LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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