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Property profile & analytics
OFF-MARKET
Office Spaces

860 Ctr St Ridgeland, MS 39157-4501

11,945 SF 1.03 ac lot Built 1992
Entity Owned 3-yr Hold Free & Clear
Property ID
US50-0603035
Property summary
AI-generated overview

This exceptional 16,181-square-foot flex space, located at 860 Centre Street in Ridgeland, Mississippi, presents a unique opportunity for businesses seeking versatile office and warehouse accommodations. Built in 1992, this single-tenant property sits on 1.03 acres of land and is zoned C-2. The building boasts approximately 4,500 square feet of heated warehouse space, complete with one dock-high loading dock and one drive-in door, catering to efficient logistics. The office area offers a flexible layout, including ample private offices, multiple conference rooms, and open areas ideal for workstations or training facilities. This adaptable design allows for customization to meet diverse operational requirements. The property's prime location at the corner of Wilson Drive and Centre Street in Madison County (zip code 39157) ensures excellent visibility and accessibility. This versatile property is suitable for a range of uses, including traditional office, medical office, R&D, and warehouse operations. The property's size and features make it an ideal solution for businesses seeking a blend of office and warehouse space in a convenient and well-located setting.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1992
Total area 11,945 SF
Lot 1.03 ac (44,997 SF)
APN 072I-31C-123/01.08
UPID US50-0603035
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
  • Melyn Storage Facility Storage Facility
  • Venture Technologies IT Consulting Firm (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
860 Centre Street LLC · 3 yrs held
860 Centre Street LLC
since 2023
7 recorded transactions
2023
Price N/A
2018
Price N/A
2013
Price N/A
2013
Price N/A
2010
Price N/A
2005
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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