800 Woodlands PkwyRidgeland, MS 39157

  • Office properties
  • 39,906 SF
For Lease
$20/SF/YR View listing

Property Details for 800 Woodlands Pkwy

Year built
1987
Lot size
3.60 AC
Property size (Sq ft)
39,906 SF
Property type
Office properties
Property subtype
Other office properties
APN
072I-32D-021/04
APU
072I32D02104

Description

This exceptional Class A executive office building, located at 800 Woodlands Parkway, Ridgeland, MS 39157, offers two available suites ranging from 4,848 to 5,284 square feet. Constructed in 1988 and extensively renovated in 2022, the two-story building provides a modern and efficient workspace. The property boasts convenient amenities including on-site restrooms equipped with showers and lockers, a mail room with US Postal Service and express mail carrier drop boxes, and a nearby walking/jogging trail. The building is situated near E County Line Road, offering easy access to major transportation routes. Tenancy is multiple, providing a dynamic and collaborative environment. This is a rare opportunity to secure high-quality office space in a desirable Ridgeland location, combining modern updates with convenient features and a commitment to quality and service. The building is locally owned and professionally managed.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,749,822
    6.5%
    $5,307,528
    7%
    $4,928,419
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,044,065
    Geo Method
    $7,784,064
  • Alternative Use

    Use
    Valuation
    Residential
    $6,581,335
    Hospitality
    $6,028,468
    Educational
    $5,015,614
    Medical
    $5,188,108
    Retail
    $7,802,066
800 Woodlands Pkwy, Ridgeland, Mississippi

Location Insight

City
Ridgeland
County
Madison
State
Mississippi
Latitude
32.4002
Longitude
-90.1124
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
$50,575
-
-
$469,329
-
$588,060
$2,540,800
$3,128,860

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