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    879Lot-1 Us-61 Jackson, LA 70748

    Sponsored
    For Sale
    $188,250

    19.99 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 19.99-acre tract presents a remarkable investment opportunity in Jackson, Louisiana. Located directly across Highway 61 from the popular ROUX 61 Restaurant, just outside Natchez city limits, this property boasts 652 feet of prime highway frontage. Its strategic location ensures high visibility and accessibility, making it ideal for a diverse range of commercial ventures. The wooded land offers considerable flexibility for development, allowing for various configurations to suit a multitude of uses, including hospitality, office, residential (single-family), retail, retail-pad, or self-storage facilities. The property's designation as an Opportunity Zone further enhances its investment appeal, offering potential tax advantages. With its substantial size and exceptional location, this parcel represents a rare chance to acquire a significant commercial property in a thriving area. The property's APN is 57-34. The asking price is $188,250. This is a unique opportunity to capitalize on the high traffic count and visibility of Highway 61 South. The address is 879LOT-1 US-61, Jackson, LA 70748, located in East Feliciana Parish.

    Property Features for 0 879Lot-1 Us-61

    General Information

    Property type
    Individual retail properties
    Lot Size
    870,764 SF

    HighLights

    • 19.99‑acre commercial tract in Jackson, LA, across from ROUX 61 Restaurant.
    • 652 feet of Hwy 61 frontage provides high visibility and accessibility.
    • Opportunity Zone designation offers potential tax advantages.
    • $188,250 asking price.
    • Suitable for various commercial uses including hospitality, office, retail, and self‑storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Map

    City
    Jackson
    County
    East Feliciana Parish
    State
    Louisiana
    Longitude
    -91.36896
    Latitude
    31.493361

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    FAQs

    What type of property is this?
    Individual retail property - 19.99 Acres, High-Traffic Location
    Where is this individual retail property located?
    The property is located at 879Lot-1 Us-61 Jackson, LA.
    What is the asking price?
    The asking price for this property is $188,250.
    What are key features of this property?
    This property features: 19.99-acre commercial tract in Jackson, LA, across from ROUX 61 Restaurant.; 652 feet of Hwy 61 frontage provides high visibility and accessibility.; Opportunity Zone designation offers potential tax advantages.
    Request Owner's contact information
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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
    879Lot-1 Us-61 Jackson, LA 70748
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