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    261 Devereux Dr Natchez, MS 39120

    For Lease
    Contact for pricing

    High-traffic retail pad, build-to-suit option.

    Lot size:
    43,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1-acre retail outparcel in Adams County, Mississippi, presents a unique investment opportunity. Situated on Devereux Drive in Natchez, this single-tenant pad enjoys a highly visible location, anchored by Vowell's Cash Saver and Dirt Cheap, with Walmart a short distance away. Its strategic position just off Highway 61 provides easy access to Natchez's downtown and riverfront areas, capitalizing on the significant draw from surrounding rural communities. Natchez serves as the only destination city within a 30-mile radius, attracting substantial traffic from both Natchez and its sister city, Vidalia, Louisiana. The property is available for build-to-suit development or a ground lease, with purchase offers also considered. This makes it an ideal location for quick-service restaurants (QSR) or other retail businesses seeking high visibility and strong consumer traffic in a thriving market. The property's size and location offer significant potential for growth and return on investment. Don't miss this chance to secure a prime retail location in a dynamic Mississippi market.

    Property Features for 261 Devereux Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,560 SF

    Unit(s) available at that property

    Space
    Size
    43,560 SF

    HighLights

    • Retail pad, QSR opportunity in Natchez, MS.
    • Single‑tenant, 1‑acre parcel.
    • Located on Devereux Drive, anchored by Vowell's Cash Saver and Dirt Cheap, near Walmart.
    • Available for build‑to‑suit, ground lease, or purchase.
    • High‑traffic location off Highway 61, near Natchez's downtown and riverfront.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Grocery Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Natchez
    County
    Adams
    State
    Mississippi
    Longitude
    -91.36907942643
    Latitude
    31.559147567301

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    FAQs

    What type of property is this?
    Restaurant - High-traffic retail pad, build-to-suit option.
    Where is this restaurant located?
    The property is located at 261 Devereux Dr Natchez, MS.
    What are key features of this property?
    This property features: Retail pad, QSR opportunity in Natchez, MS.; Single-tenant, 1-acre parcel.; Located on Devereux Drive, anchored by Vowell's Cash Saver and Dirt Cheap, near Walmart.
    Request Owner's contact information
    261 Devereux Dr 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
    261 Devereux Dr Natchez, MS 39120
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