801 RidgewoodRidgeland, MS 39157

Off market
$23,974,970 Estimated
  • Hotels
  • 56,511 SF

Property Details for 801 Ridgewood

Year built
2005
Lot size
2.39 AC
Property size (Sq ft)
56,511 SF
Property type
Hotels
Property subtype
Motels
APN
071G-36D-039/01
APU
071G36D03901

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,248,341
    6.5%
    $8,536,930
    7%
    $7,927,149
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,130,167
    Geo Method
    $25,904,134
  • Alternative Use

    Use
    Valuation
    Residential
    $9,319,847
    Hospitality
    $8,536,930
    Educational
    $7,102,626
    Medical
    $7,346,896
    Retail
    $11,048,528
801 Ridgewood, Ridgeland, Mississippi

Location Insight

City
Ridgeland
County
Madison
State
Mississippi
Latitude
32.4026
Longitude
-90.1413
CBSA code
27140
CBSA name
JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$84,999
-
-
$788,778
-
$520,540
$4,737,981
$5,258,521

FAQs

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