625 Highland Colony PkwyRidgeland, MS 39157
- Office properties
- 42,814 SF
Property Details for 625 Highland Colony Pkwy
- Year built
- 2005
- Lot size
- 2.41 AC
- Property size (Sq ft)
- 42,814 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 071G-25C-006/01.01
- APU
- 071G25C0060101
Description
This exceptional Class B office building, the 625 Parkway Building, offers a variety of executive office suites in Ridgeland, Mississippi. Located at 625 Highland Colony Parkway, zip code 39157, this property boasts excellent visibility and convenient access to I-55. Built in 2004, the building comprises a total of 44,848 square feet, with a range of spaces available to suit various business needs. Currently, there are 21,312 square feet of vacant space. The minimum divisible space is 776 square feet, while the maximum contiguous space available is 5,947 square feet. This presents a unique opportunity for businesses seeking flexible and upscale office accommodations. The building's multiple tenancy structure allows for a diverse range of occupants. The property's location on Highland Colony Parkway ensures high visibility and easy accessibility for clients and employees. This is an ideal location for businesses seeking a prestigious address in a thriving commercial area. Inquire today to explore the available spaces and secure your ideal office suite within this well-maintained and conveniently located building.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,168,819
- 6.5%
- $5,694,294
- 7%
- $5,287,559
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,265,890
- Geo Method
- $8,351,299
-
Alternative Use
- Use
- Valuation
- Residential
- $7,060,925
- Hospitality
- $6,467,769
- Educational
- $5,381,108
- Medical
- $5,566,172
- Retail
- $8,370,612
Location Insight
- City
- Ridgeland
- County
- Madison
- State
- Mississippi
- Latitude
- 32.4191
- Longitude
- -90.1555
- CBSA code
- 27140
- CBSA name
- JACKSON, MS METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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