775 Woodlands PkwyRidgeland, MS 39157

Property Details for 775 Woodlands Pkwy

Year built

1991

Lot size

2.71 AC

Property size (Sq ft)

42,471 SF

Property type

Office properties

Property subtype

Other office properties

APN

072I-32D-021/09

APU

072I32D02109

Description

This exceptional Class A office building, located at 775 Woodlands Parkway in the Madison, MS submarket (Jackson, MS cluster), offers multiple tenancy options in a beautifully renovated space. Built in 1988 and extensively renovated in 2022, this three-story building boasts a range of suite sizes, from 2,179 square feet to 5,145 square feet, providing flexibility for various business needs. The building features convenient amenities designed for tenant comfort and productivity, including readily accessible elevators and on-site restrooms equipped with showers and lockers – perfect for those who value a healthy work-life balance. A key advantage is the building's strategic location, offering easy access to Northpark Drive. Furthermore, tenants benefit from a convenient mail room with both US Postal Service and express mail carrier drop boxes. The property is professionally managed with a focus on quality, distinction, and service, and is situated near a walking/jogging trail, providing a tranquil outdoor space for relaxation and recreation. This is a unique opportunity to secure prime office space in a well-maintained and amenity-rich building. Four spaces are currently available.

• CAP approach

  CAP return

  Valuation

  6%

  $6,119,398

  6.5%

  $5,648,675

  7%

  $5,245,198

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,239,726

  Geo Method

  $8,284,394

• Alternative Use

  Use

  Valuation

  Residential

  $7,004,357

  Hospitality

  $6,415,954

  Educational

  $5,337,998

  Medical

  $5,521,580

  Retail

  $8,303,552

Location Insight

City

Ridgeland

County

Madison

State

Mississippi

Latitude

32.4024

Longitude

-90.113

CBSA code

27140

CBSA name

JACKSON, MS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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