Address
4 Professional Parkway Parkway, Ridgeland, MS
Price
$ 325,000
Property Attributes
  • MLS#4071980
  • TypeCommercial
  • CountyMADISON
  • CityRidgeland
  • Zip39157
  • StyleOffice
  • Year Built2007
  • Taxes$ 2947
  • Price$ 325,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2405
  • Lot Size8,712 SqFt
Data Source:
MLS United
Property Description

Centrally located at the intersection of Lake Harbour Drive and Pear Orchard Road, this property is located along a quickly growing corridor with increasing traffic counts and easy access to dining, retail, and the entire Jackson metropolitan area. The location offers quick access to Ridgeland's newest east/west connector providing direct access between Rankin County and Highland Colony Parkway.The purchase of this property represents an opportunity to acquire a stabilized small investment property with an in-place national credit tenant with a newly signed five year lease. Renovated in 2019, the property features two units with multiple offices on each side. This opportunity would be perfect for small investors wishing to begin investing in commercial real estate or experienced investors seeking a stabilized asset in a great location in the growing city of Ridgeland.

Price History
2/28/2024 Listed $325,000

General Features

New Construction No
County Madison
Property Type E
Property Condition Updated/Remodeled
Accessibility Features Yes
Tax Year 2023
Parcel Number 072i-31a-304/08.00
Status Active
Year Built Source Assessor
Sub Type Office
Year Built 2007
City Ridgeland
Community Of N/A
Legal Description LOT 8 CATES PLAZA PT I
Street Name Professional Parkway
Flood Insurance Required? No

Interior Features

Total Floors 1
SqFt Source Assessor
List Price/SqFt 135.14
Total Square Footage 2405.00

Exterior Features

Lot Size Dimensions 103X85
MLS Identifier 20210408200911641907000000
Street Number 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 39157

Price
AVG $680K
$330K
Taxes
AVG $2,634
$2,947
Visits
AVG 106
83
Data Provided by Inside Real Estate®
Year Built
AVG 2000
2007