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    Hedges Development Hwy 61 Natchez, MS 39120

    For Sale
    $122,250

    Prime 1.11-acre lot, Hwy 61 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.11-acre commercial lot, identified as LOT E-2C Hedges Development, is strategically located on Highway 61 South in Natchez, Mississippi (APN: 57-34.5, Zip Code: 39120). The property is zoned B-4 Highway Business Commercial Use, offering significant development potential. It boasts a highly desirable pad-ready condition, already leveled and prepared for construction, ensuring a streamlined development process. The lot enjoys excellent visibility and convenient access directly from Highway 61, a major thoroughfare guaranteeing high traffic exposure for any future business. All city utilities are readily available, simplifying infrastructure connections. Furthermore, this tract is situated within a designated Opportunity Zone, presenting a unique investment opportunity. Buyers may qualify for substantial tax credits contingent upon their overall investment in the property and the number of new jobs created. This presents a compelling opportunity for businesses seeking a high-visibility location with potential tax advantages in a thriving Mississippi market. The property is ready for immediate development, making it an attractive option for investors and entrepreneurs alike.

    Property Features for 0 Hedges Development Hwy 61

    General Information

    Property type
    Land
    Lot Size
    48,352 SF

    HighLights

    • $122,250 asking price for 1.11 acres of land.
    • B‑4 Highway Business Commercial zoning allows for commercial use.
    • Level, pad‑ready lot with excellent Hwy 61 visibility and access.
    • All city utilities available.
    • Located in an Opportunity Zone, potentially offering tax credits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Natchez
    County
    Adams
    State
    Mississippi
    Longitude
    -91.3674827
    Latitude
    31.4878294

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    FAQs

    What type of property is this?
    Land - Prime 1.11-acre lot, Hwy 61 access.
    Where is this land located?
    The property is located at Hedges Development Hwy 61 Natchez, MS.
    What is the asking price?
    The asking price for this property is $122,250.
    What are key features of this property?
    This property features: $122,250 asking price for 1.11 acres of land.; B-4 Highway Business Commercial zoning allows for commercial use.; Level, pad-ready lot with excellent Hwy 61 visibility and access.
    (601) 442-2768
    Request Owner's contact information
    Hedges Development Hwy 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
    Hedges Development Hwy 61 Natchez, MS 39120
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