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    Us-61 Tunica, MS 38676

    Sponsored
    For Sale
    $289,900

    Prime Commercial Land, Casino District

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.4-acre commercial lot presents a remarkable investment opportunity in the heart of Tunica, Mississippi. Strategically located just off Highway 61, this corner property enjoys unparalleled visibility and accessibility, nestled between Casino Strip Resort Boulevard and Old Commerce Road. Its proximity to Tunica's thriving casino hub ensures high traffic volume and significant exposure for any commercial venture. The property's size and location make it ideal for a wide range of developments, including hotels, retail establishments, or other hospitality-related businesses. The lot's prime position at the Highway 61 interchange guarantees easy access for customers and employees alike. With its exceptional location and high potential for return, this property represents a rare chance to acquire a highly desirable commercial parcel in a rapidly growing market. The property's Assessed Parcel Number (APN) is 3104 18000 0000105. The asking price for this exceptional opportunity is $289,900. Don't miss this chance to secure a piece of Tunica's vibrant commercial landscape. This property is zoned for commercial use and is ready for immediate development. Contact us today to learn more about this exciting investment prospect.

    Property Features for 0 Us-61

    General Information

    Property type
    Land
    Lot Size
    60,984 SF

    HighLights

    • Great corner lot in Tunica, MS.
    • Potential hotel development site.
    • High‑traffic location near Tunica's casino hub.
    • Convenient Highway 61 interchange access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tunica
    County
    Tunica
    State
    Mississippi
    Longitude
    -90.3758767
    Latitude
    34.6853968

    Nearby Comparable

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    • Contact for pricing
      182,000 SF

      Casino Shoppes Investment Opportunity

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    Nearby Similar for Sale

    • $490,000
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      View Details

    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Casino District
    Where is this land located?
    The property is located at Us-61 Tunica, MS.
    What is the asking price?
    The asking price for this property is $289,900.
    What are key features of this property?
    This property features: Great corner lot in Tunica, MS.; Potential hotel development site.; High-traffic location near Tunica's casino hub.
    Request Owner's contact information
    Us-61 Tunica, MS 38676
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    Tunica, MS 38676
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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
    Us-61 Tunica, MS 38676
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