725 Avignon DrRidgeland, MS 39157

  • Office properties
  • 11,776 SF
For Lease
$22/SF/YR View listing

Property Details for 725 Avignon Dr

Year built
2002
Property size (Sq ft)
11,776 SF
Property type
Office properties
Property subtype
Other office properties
APN
072I-29D-048/04
APU
072I29D04804

Description

This exceptional executive office property, located at 725 Avignon Drive in Ridgeland, Mississippi, offers a total of 12,500 square feet of premium office space. Currently, the entire building is available for lease, providing a unique opportunity for a single tenant to occupy the entire space or for multiple tenants seeking smaller suites. The building is comprised of two suites, with a minimum leasable space of 2,000 square feet and a maximum contiguous space of 12,500 square feet, offering flexibility to accommodate various business needs. Situated in Madison County, this property boasts a highly desirable location in Ridgeland, Mississippi, with easy access to major transportation routes and amenities. The address is 725 Avignon Drive, Ridgeland, MS 39157. This is a fantastic opportunity for businesses seeking a prestigious and functional office environment in a prime location. The property type is office, specifically executive office space, and is suitable for multiple tenants. The entire 12,500 square feet is currently vacant and ready for immediate occupancy. This presents a rare chance to secure a substantial and well-located office space in a thriving Mississippi market. Contact us today to learn more about this exceptional leasing opportunity.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,696,735
    6.5%
    $1,566,217
    7%
    $1,454,344
  • Comparable approach

    Method
    Valuation
    Relative Method
    $898,284
    Geo Method
    $2,297,026
  • Alternative Use

    Use
    Valuation
    Residential
    $1,942,109
    Hospitality
    $1,778,961
    Educational
    $1,480,075
    Medical
    $1,530,977
    Retail
    $2,302,339
725 Avignon Dr, Ridgeland, Mississippi

Location Insight

City
Ridgeland
County
Madison
State
Mississippi
Latitude
32.4144
Longitude
-90.113
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
$17,921
-
-
$166,305
-
$182,680
$926,020
$1,108,700

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