Hwy 51Ridgeland, MS 39157

  • Retail properties
  • 2,640 SF
Off market
$40,131 Estimated

Property Details for Hwy 51

Year built
1981
Lot size
0.66 AC
Property size (Sq ft)
2,640 SF
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
071G-36A-093/01
APU
071G36A09301

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $559,162
    6.5%
    $516,149
    7%
    $479,282
  • Comparable approach

    Method
    Valuation
    Relative Method
    $507,482
    Geo Method
    $1,297,695
  • Alternative Use

    Use
    Valuation
    Residential
    $435,391
    Hospitality
    $398,816
    Educational
    $331,810
    Medical
    $343,222
    Retail
    $516,149
Hwy 51, Ridgeland, Mississippi

Location Insight

City
Ridgeland
County
Madison
State
Mississippi
Latitude
32.4202
Longitude
-90.1319
CBSA code
27140
CBSA name
JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $33,166
  • Tax year
    2023
  • Tax bill
    $3,574

FAQs

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