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    00018B Highway 61 Natchez, MS 39120

    Sponsored
    For Sale
    $248,250

    1.8-Acre Pad-Ready Lot, Natchez, MS

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.8-acre commercial lot, located at 00018B Highway 61 South in Natchez, Mississippi (zip code 39120), presents a prime investment opportunity. Zoned B-4 for general highway business, this cleared and pad-ready lot boasts excellent visibility from the heavily trafficked Highway 61. The property features 200 feet of road frontage along a paved, divided state highway, ensuring easy access. Utilities are readily available, including public water, sewer, electricity, and natural gas. The lot's dimensions are 200 feet by 400 feet, offering ample space for development. Its flat, mostly level topography simplifies construction. Situated in Adams County, this property is conveniently located just south of the Toyota dealership, providing clear directional guidance. Importantly, this tract is within a designated Opportunity Zone, potentially offering significant tax advantages to the buyer. This is a rare chance to acquire a well-situated, fully prepared commercial lot in a thriving area. The property is currently listed at $248,250.

    Property Features for 00018B Highway 61

    General Information

    Property type
    Land
    Lot Size
    78,408 SF

    HighLights

    • Paved access from a divided state highway.
    • Located in Adams County.
    • Fronts Hwy 61 South, west side, south of the Toyota dealership.
    • Electricity available.
    • Actively listed.
    • Cleared 1.8‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Natchez
    County
    Adams
    State
    Mississippi
    Longitude
    -91.370502
    Latitude
    31.502997

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    FAQs

    What type of property is this?
    Land - 1.8-Acre Pad-Ready Lot, Natchez, MS
    Where is this land located?
    The property is located at 00018B Highway 61 Natchez, MS.
    What is the asking price?
    The asking price for this property is $248,250.
    What are key features of this property?
    This property features: Paved access from a divided state highway.; Located in Adams County.; Fronts Hwy 61 South, west side, south of the Toyota dealership.
    (601) 442-2768
    Request Owner's contact information
    00018B Highway 61 Natchez, MS 39120
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    Natchez, MS 39120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00018B Highway 61 Natchez, MS 39120
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