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    Hedges Dev Hwy 61 Natchez, MS 39120

    Sponsored
    For Sale
    $248,250

    6.39 Acres, Highway Business Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6.39-acre parcel, identified as Lot E-2a Hedges Development, is strategically located on Highway 61 South in Natchez, Mississippi (zip code 39120). The property boasts excellent visibility from the highway, a significant advantage for businesses seeking high traffic exposure. Zoned B-4 for Highway Business, this lot presents numerous development opportunities. All utilities are readily available, simplifying the construction process. The land has been recently leveled, making it ready for immediate development. The property's APN is 57-34.5. This location offers convenient access to Highway 61 via an existing median cut. Importantly, this tract is situated within a designated Opportunity Zone, potentially offering tax credits to qualified buyers based on their investment and job creation. The asking price for this prime commercial land is $248,250. This presents a unique opportunity for investors and developers seeking a high-visibility location in a thriving area. Detailed information regarding Opportunity Zone tax incentives should be independently verified.

    Property Features for 0 Hedges Dev Hwy 61

    General Information

    Property type
    Land
    Lot Size
    278,348 SF

    HighLights

    • Located in an Opportunity Zone.
    • Highway 61 access via existing median cut.
    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 - 6.39 Acres, Highway Business Zoning
    Where is this land located?
    The property is located at Hedges Dev Hwy 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: Located in an Opportunity Zone.; Highway 61 access via existing median cut.;
    (601) 442-2768
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    Hedges Dev 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 Dev Hwy 61 Natchez, MS 39120
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