359 Towne Center BlvdRidgeland, MS 39157

For Lease
$14/SF/YR View listing
  • Office properties
  • 5,398 SF

Property Details for 359 Towne Center Blvd

Year built
1985
Lot size
0.25 AC
Property size (Sq ft)
5,398 SF
Property type
Office properties
APN
072I-31D-012/01
APU
072I31D01201

Description

Timrick Plaza offers a unique blend of prime location and tranquil atmosphere. This traditional office space in Ridgeland, Mississippi, boasts 1,714 square feet currently available for lease. Situated at 359 Towne Center Blvd, in the heart of Ridgeland's business district, this multiple-tenancy building provides easy access to the vibrant business scene while maintaining a peaceful, productive environment. The property is located in Madison County, Mississippi, zip code 39157, offering a strategic yet serene urban oasis for businesses seeking a thriving yet calm workspace. The available space is part of a traditional office building, ideal for businesses seeking a professional and established setting. This is an exceptional opportunity to establish or expand your business in a highly desirable location within a well-maintained building. The address is easily accessible and offers convenient proximity to local amenities and transportation routes. This space is perfect for businesses seeking a balance between a bustling business environment and a quiet, productive workspace. Don't miss this chance to secure your ideal office space in the heart of Ridgeland.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $777,766
    6.5%
    $717,938
    7%
    $666,657
  • Comparable approach

    Method
    Valuation
    Relative Method
    $411,764
    Geo Method
    $1,052,934
  • Alternative Use

    Use
    Valuation
    Residential
    $890,243
    Hospitality
    $815,458
    Educational
    $678,452
    Medical
    $701,784
    Retail
    $1,055,369
359 Towne Center Blvd, Ridgeland, Mississippi

Location Insight

City
Ridgeland
County
Madison
State
Mississippi
Latitude
32.4066
Longitude
-90.1267
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
$6,101
-
-
$56,616
-
$43,560
$333,880
$377,440

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