302 Highland Park Cove - Medical FOR SALE


Ridgeland, MS 39157
$1,200,000 USD
601-624-8511
302 Highland Park Cove, Ridgeland, MS for Sale
$1,200,000 USD
Medical - FOR SALE
1/27
null | 8.16% Cap Rate

302 Highland Park Cove
Ridgeland, MS 39157


OVERVIEW

This 4,812± SF office building on Highland Park Cove presents a strong opportunity for both investors and owner-occupants in one of Ridgeland’s most stable commercial corridors. Built in 2006 with a concrete slab and stucco/brick veneer exterior, the property has been well maintained and updated, including a 2015 renovation of Suite A (2,124± SF) and 2024 renovations of Suites B and C. Suite A—ideal for a professional office user—is currently owner-occupied and will be available at year-end, offering the ability to occupy quality space while benefiting from existing income. Suites B and C (1,313± SF and 1,375± SF) are leased to Haven: Pregnancy Wellness & Women’s Health, providing dependable cash flow for investors or offsetting costs for an owner occupant. The building features 17 parking spaces, producing a strong 3.53/1,000 SF parking ratio, and carries flexible C-1 zoning suitable for a variety of professional office uses. Its location near Highland Colony Parkway and I-55 positions it within an amenity-rich, high-demand area of the Jackson MSA.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

8.16%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

C-1

APN/PARCEL ID

071H-27-002-01-08

ASK ABOUT THIS PROPERTY

Scott OverbyOverby CommercialMore Info
601-624-8511

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Scott OverbyOverby CommercialMore Info
601-624-8511

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.