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    526 Us-61 Natchez, MS 39120

    For Sale
    $240,000

    1.25 Acres, $240,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 1.25-acre commercial land parcel presents a unique investment opportunity in Natchez, Mississippi. Located at 526 US-61, this property boasts a highly desirable location within Adams County, offering excellent visibility and accessibility. The asking price is $240,000, translating to a compelling $192,000 per acre. This translates to a list price per square foot of $4.41. The property's zoning (if available) should be verified with the local authorities to ensure it aligns with your intended use. Given its size and prime location, this land is ideally suited for a variety of commercial developments, from retail spaces to light industrial uses. The property's address is 526 US-61, Natchez, MS 39120. Its geographical coordinates are latitude 31.5644584 and longitude -91.3486326. Serious inquiries are encouraged to explore the potential of this valuable asset and its suitability for your specific business needs. Prospective buyers are advised to conduct their own due diligence regarding zoning regulations and development possibilities. This is a rare opportunity to acquire a strategically located commercial land parcel in a thriving Mississippi community. Don't miss out on this chance to secure a foothold in the Natchez market.

    Property Features for 526 Us-61

    General Information

    Property type
    Land
    Lot Size
    54,450 SF

    HighLights

    • List Price: $4.41 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Natchez
    County
    Adams
    State
    Mississippi
    Longitude
    -91.3486326
    Latitude
    31.5644584

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    FAQs

    What type of property is this?
    Land - 1.25 Acres, $240,000
    Where is this land located?
    The property is located at 526 Us-61 Natchez, MS.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: List Price: $4.41 per square foot.; ;
    Request Owner's contact information
    526 Us-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
    526 Us-61 Natchez, MS 39120
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