1060 County Line RdRidgeland, MS 39157

Property Details for 1060 County Line Rd

Year built

1984

Lot size

0.67 AC

Property size (Sq ft)

53,594 SF

Property type

Super regional malls

APN

072I-31C-008/01

APU

072I31C00801

Description

This single-story, 41,904 square foot retail strip center, located in Ridgeland, MS's Madison submarket cluster, presents a unique investment opportunity. Built in 1984 and extensively renovated in 2019, the property boasts 197 parking spaces and sits on a 3.38-acre lot. Three spaces are currently available, ranging from 1,200 to 1,800 square feet, with a maximum contiguous space of 1,575 square feet and a minimum divisible space of 1,800 square feet. A total of 3,375 square feet is currently vacant. The property features a strong national and local tenant mix, benefiting from its prominent location on a busy retail corridor and convenient access to major roadways. New pylon signage was installed in 2020 at County Line and Centre Streets. The property is zoned General Commercial District C-2A and enjoys high visibility within a premier retail market area. Exterior renovations, completed in 2019, enhance the property's curb appeal. Tenant improvement allowances are available subject to lease terms. The property's former Burger and Blues location (5,668 sq ft) offers a significant opportunity for a new tenant. A site plan is available for review.

• CAP approach

  CAP return

  Valuation

  6%

  $11,351,408

  6.5%

  $10,478,222

  7%

  $9,729,778

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,302,259

  Geo Method

  $26,344,196

• Alternative Use

  Use

  Valuation

  Residential

  $8,838,773

  Hospitality

  $8,096,268

  Educational

  $6,736,000

  Medical

  $6,967,662

  Retail

  $10,478,222

Location Insight

City

Ridgeland

County

Madison

State

Mississippi

Latitude

32.4

Longitude

-90.1369

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].