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596 HWY 51
RIDGELAND, MS 39157-2592
Asking Price
$699K
Asset Type
Bank Retail
Class
Class B
What's Special
+/- 1.15 acres of development land in Ridgeland, Mississippi - Highway 51 <p>+/- 1.15 acres on heavily traveled Highway 51</p><p>Easily accessed from I-55 (via W. Jackson Street) and Colony Park</p><p>Primed for new retail or office development</p>
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NOI
$80,000
Cap Rate
11.44%
DSCR
1.93
Strong
Cash-on-Cash
18.36%
Monthly Payment
$3,458.271
Annual Cash Flow
$38,500.753
