655 Lake Harbour DrRidgeland, MS 39157

Property Details for 655 Lake Harbour Dr

Year built

2007

Lot size

1.50 AC

Property size (Sq ft)

16,355 SF

Property type

Super regional malls

APN

072I-32B-014

APU

072I32B014

Description

This 16,200 square foot shopping center in Ridgeland, MS, offers a prime retail leasing opportunity. Located at 655 Lake Harbour Dr, 39157, this single-story, 2007-built center sits on a 1.5-acre lot and features 93 parking spaces. The C2A zoned property boasts excellent visibility and accessibility, situated at a signalized intersection on Lake Harbour Drive, a key connector between Rankin County and Highland Colony Parkway. The center benefits from proximity to major highways (51, I-55, and the Natchez Trace Parkway). Currently, 1,730 square feet of contiguous space is available, ideal for a variety of retail uses. The existing tenant mix includes national, regional, and local businesses, creating a robust and diverse customer base. The property's location between popular restaurants, Newk's and Primos Cafe, further enhances its appeal and potential for high foot traffic. This exceptionally designed center provides ample parking and easy access, making it an attractive option for businesses seeking high visibility and convenient access for their customers. The maximum contiguous space available is 1,730 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $3,464,050

  6.5%

  $3,197,584

  7%

  $2,969,185

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,143,886

  Geo Method

  $8,039,320

• Alternative Use

  Use

  Valuation

  Residential

  $2,697,282

  Hospitality

  $2,470,696

  Educational

  $2,055,590

  Medical

  $2,126,285

  Retail

  $3,197,584

Location Insight

City

Ridgeland

County

Madison

State

Mississippi

Latitude

32.4136

Longitude

-90.1156

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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