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Property profile & analytics
OFF-MARKET
Turn key restaurants

810 Lk Harbour Dr Ridgeland, MS 39157-1004

4,606 SF Built 1978
Individually Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US50-0714074
Property summary
AI-generated overview

This exceptional retail redevelopment opportunity is located in the thriving city of Ridgeland, Mississippi. Situated on a highly visible two-acre lot at 810 Lake Harbour Drive, this property offers unparalleled access and visibility, positioned just east of the busy intersection with Old Canton Road. Currently featuring a 6,000 square foot full-service restaurant and ample parking, this site presents a versatile canvas for redevelopment. The property is adaptable to various uses, allowing for subdivision to accommodate multiple tenants seeking maximum exposure and convenient access. Alternatively, a new 10,000 square foot shell building could be constructed, providing modern retail suites. This prime location in Madison County, zip code 39157, offers significant potential for investors and businesses seeking a high-traffic, easily accessible location in a rapidly growing area. The existing infrastructure, including the 6,000 square foot building and parking, provides a solid foundation for immediate development or redevelopment. This is a rare opportunity to acquire a substantial retail property in a desirable Mississippi location. Don't miss this chance to capitalize on the strong market demand and create a thriving retail destination.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1978
Total area 4,606 SF
APN 072H-28C-113
UPID US50-0714074
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
  • Papitos Mexican Grill Restaurant
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
Cynthia Fontenot · 21 yrs held
Cynthia Fontenot
since 2005
1 recorded transaction
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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