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Property profile & analytics
FOR LEASE
Super regional malls
900 E County Line Rd 201 Ridgeland, MS 39157
Entity Owned
8-yr Hold
Free & Clear
Property ID
US50-0660136
For Lease
1 / 7
$8 SF/Yr
900 E County Line Rd,Unit 201, Ridgeland, MS 39157
View Listing →
Property summary
AI-generated overview
North Regency Square, located at 900 E County Line Rd, Ridgeland, MS 39157, presents a unique investment opportunity. This two-building, Class A property boasts 63,316 square feet of mixed-use space, ideally suited for medical offices, restaurants, and retail businesses. The property features a contemporary design and offers a variety of layouts, accommodating spaces from 1,000 to a maximum contiguous 6,375 square feet. Currently, 28,115 square feet are available. Situated on a 4.03-acre lot, the complex provides 223 parking spaces and convenient access to Ridgewood Road, a major retail corridor in the Jackson, MS submarket (Madison cluster). Built with two stories and elevators, the property underwent renovations in 2019. The C-2A zoning allows for diverse uses. Property taxes are $2.66 per square foot. High visibility and ample signage options are available, ensuring excellent exposure for tenants. This prime location offers easy access and ample parking, appealing to both tenants and customers.
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1987
Total area
66,913 SF
APN
072I-31C-005/01
UPID
US50-0660136
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
-
Green Ghost Tacos Restaurant
-
Stylez Depot Barber Shop
-
Gumbo Girl Take-out & Catering Catering Service
-
Appliances4less Home Appliance Store Hardware & Home Improvement
-
Staffmark Employment Agency
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
Melrose Jackson Holdings LLC · 8 yrs held
Melrose Jackson Holdings LLC
since 2018
5 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
$43,228
Tax year 2023
Assessed value
$401,147
Assessed 2023
Previous assessed
$401,147
+0.0% YoY
Effective rate
10.78%
On assessed value
Land market value
$392,040
Improvement market value
$2,282,270
Total market value
$2,674,310
Applied tax rate
4.0000
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
For Lease
Year built
1987
Heating
NONE
Cooling
CENTRAL
Total area
66,913 SF
APN
072I-31C-005/01
UPID
US50-0660136
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
1987
Heating
NONE
Cooling
Yes
Current owner
From public records · entity-resolved
Melrose Jackson Holdings LLC
Entity
Free & Clear · 8 yrs held
Mailing address
42 ELM ST, TENAFLY, NJ 07670-2811
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2021
—
Melrose Jackson Holdings LLC
—
Deed
related
$5,700,000 · Wells Fargo Bank NA
Jul 12, 2018
—
Melrose Jackson Holdings LLC
Us Bk NA Series 2005-pwr9
Quit Claim Deed
related
—
May 23, 2016
$3,232,728
Us Bank NA Series 2005-pwr9 Tr
Lindner Erno|north Regency Retail Ptrs LLC
Trustees Deed
related
—
May 20, 2005
—
North Regency Retail Partner
Owner,record
Grant Deed
related
—
Dec 7, 2004
—
North Regency Square LLC
Owner,record
Grant Deed
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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