385 Highland Colony PkwyRidgeland, MS 39157

Property Details for 385 Highland Colony Pkwy

Year built

1998

Lot size

4.40 AC

Property size (Sq ft)

64,960 SF

Property type

Office properties

APN

071H-27 -003/08

APU

071H2700308

Description

This exceptional three-story, 99,320-square-foot office building at 385-B Highland Colony Parkway in Ridgeland, Mississippi, offers a variety of move-in-ready suites and build-to-suit options. Built in 2000, the property boasts attractive front and rear lobbies and a large boardroom available for tenant use. Tenants can choose from spaces ranging from a minimum of 1,774 square feet to a maximum contiguous space of 11,533 square feet, making it suitable for businesses of various sizes. The building features multiple tenancies and is conveniently located just 1.8 miles from Lake Harbour Drive and 2.75 miles from Interstate 55, providing easy access to major transportation routes. Modern amenities include elevators and an emergency generator, ensuring business continuity and tenant comfort. This upscale office space presents a prime opportunity for businesses seeking a prestigious and functional location in Ridgeland, MS. The property's zip code is 39157.

• CAP approach

  CAP return

  Valuation

  6%

  $9,359,706

  6.5%

  $8,639,729

  7%

  $8,022,606

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,955,206

  Geo Method

  $12,671,098

• Alternative Use

  Use

  Valuation

  Residential

  $10,713,264

  Hospitality

  $9,813,292

  Educational

  $8,164,544

  Medical

  $8,445,335

  Retail

  $12,700,402

Location Insight

City

Ridgeland

County

Madison

State

Mississippi

Latitude

32.4154

Longitude

-90.1759

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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