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302 Highland Park Cove 4,812 SF 100% Leased Office Building Ridgeland, MS 39157 $1,200,000 ($249.38/SF) 8.16% Cap Rate

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EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,812 SF
Building Class
B
Year Built/Renovated
2006/2012
Price
$1,200,000
Price Per SF
$249.38
Cap Rate
8.16%
NOI
$97,977
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,812 SF
Building FAR
0.14
Lot Size
0.78 AC
Zoning
C-1 - Neighborhood Commercial
Parking
17 Spaces (3.53 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste A
  • 2,124 SF
  • Office
  • -
  • Dec 2025

This attractive professional office building on Highland Park Cove offers high-quality office suites in one of Ridgeland’s most desirable commercial areas. Suite A totals 2,124± SF and will be available for occupancy at the end of the year, featuring modern finishes from its 2015 renovation and a layout suitable for a wide range of professional users. The property is constructed on a concrete slab with a combination stucco-and-brick veneer exterior, giving it a clean, timeless, and low-maintenance appearance. The building includes 17 dedicated parking spaces, providing an excellent 3.53 spaces per 1,000 SF parking ratio, and is zoned C-1, allowing for broad office use flexibility. Located just off Highland Colony Parkway with quick access to I-55 and nearby amenities such as Renaissance at Colony Park, The Township, and the growing medical and office corridor, this location offers convenience, visibility, and a strong professional environment for tenants seeking a high-quality Ridgeland office address.

Space Size Space Use Condition Available
1st Fl-Ste A 2,124 SF Office - Dec 2025

1st Fl-Ste A

Size
2,124 SF
Space Use
Office
Condition
-
Available
Dec 2025

1st Fl-Ste A

Size 2,124 SF
Space Use Office
Condition -
Available Dec 2025

This attractive professional office building on Highland Park Cove offers high-quality office suites in one of Ridgeland’s most desirable commercial areas. Suite A totals 2,124± SF and will be available for occupancy at the end of the year, featuring modern finishes from its 2015 renovation and a layout suitable for a wide range of professional users. The property is constructed on a concrete slab with a combination stucco-and-brick veneer exterior, giving it a clean, timeless, and low-maintenance appearance. The building includes 17 dedicated parking spaces, providing an excellent 3.53 spaces per 1,000 SF parking ratio, and is zoned C-1, allowing for broad office use flexibility. Located just off Highland Colony Parkway with quick access to I-55 and nearby amenities such as Renaissance at Colony Park, The Township, and the growing medical and office corridor, this location offers convenience, visibility, and a strong professional environment for tenants seeking a high-quality Ridgeland office address.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
071H-27-002-01-08
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$69,365
  • Listing ID: 38520292

  • Date on Market: 11/20/2025

  • Last Updated:

  • Address: 302 Highland Park Cove, Ridgeland, MS 39157

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