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    526 Highway 61 Natchez, MS 39120

    Sponsored
    For Sale
    $199,250

    3.43 Acres, Multi-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 3.43-acre parcel, identified as Lot 11 Beechwood and APN 45-RD, is strategically located at 526 Highway 61 North in Natchez, Mississippi, zip code 39120 (31.5644584, -91.3486326). Priced at $199,250, this versatile land offers significant development opportunities. Its zoning allows for a variety of uses, including retail, office, self-storage, retail-pad, and hospitality establishments. The property boasts excellent visibility from Highway 61 due to its location on Corporate Boulevard, ensuring high traffic exposure for any future business. The site's size presents a unique advantage, allowing for the construction of a substantial building or the potential for expansion. Furthermore, the availability of adjacent lots provides the option to acquire a larger contiguous tract, catering to projects requiring more extensive space. This presents a compelling investment opportunity for developers seeking a prime location with flexible zoning and high visibility in a growing area. The property is ready for immediate development, offering a blank canvas for a variety of commercial ventures.

    Property Features for 526 Highway 61

    General Information

    Property type
    Individual retail properties
    Lot Size
    149,411 SF

    HighLights

    • $199,250 asking price.
    • 3.43‑acre land parcel.
    • Located at 526 Highway 61 North, Natchez, MS 39120 (APN 45‑RD).
    • Suitable for office, retail, self‑storage, retail pad, or hospitality uses.
    • Adjacent lots available for expansion.
    • High visibility from Highway 61.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Natchez
    County
    Adams
    State
    Mississippi
    Longitude
    -91.3486326
    Latitude
    31.5644584

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    FAQs

    What type of property is this?
    Individual retail property - 3.43 Acres, Multi-Use Potential
    Where is this individual retail property located?
    The property is located at 526 Highway 61 Natchez, MS.
    What is the asking price?
    The asking price for this property is $199,250.
    What are key features of this property?
    This property features: $199,250 asking price.; 3.43-acre land parcel.; Located at 526 Highway 61 North, Natchez, MS 39120 (APN 45-RD).
    (601) 442-2768
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    526 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
    526 Highway 61 Natchez, MS 39120
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