116 Marketridge Dr | Ridgeland, MS 39157
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116 Marketridge Dr
Ridgeland, MS 39157
Pediatric Place · Office Property For Sale
Investment Highlights
- Long term lease in place
- Rental income paid from social security disability
- Daycare for disabled children
Executive Summary
2 buildings totaling 6311 +/- square feet located on 1.29 +/- acres in the Ridgeland Technical Industrial Park. One building approximately 2500 +/- square feet and the other building is 3900 +/- sf. Adjacent to Highland Colony Parkway, I-220 and convenient to I-55 North and I-20 East/West.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,311 SF
Building Class
B
Year Built
1987
Price
$1,250,000
Price Per SF
$198
Cap Rate
7.50%
NOI
$93,750
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,311 SF
Building FAR
0.12
Lot Size
1.20 AC
Zoning
C-3 - Commercial
Parking
50 Spaces (7.92 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 071H-34D-004-01-11 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $74,282 |
PROPERTY TAXES
Parcel Number
071H-34D-004-01-11
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$74,282
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