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    Land

    000b2 Highway 61, Natchez, MS 39120

    3.59 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.59-acre commercial lot, located at 000B-2 Highway 61 South in Natchez, Mississippi, presents a unique investment opportunity. Priced at $496,250 ($3.17/sq ft), this property is zoned B-4 General Hwy Business, making it ideal for a variety of commercial ventures. The lot is already leveled and pad-ready, saving significant time and expense on site preparation. Conveniently situated on the west side of Highway 61 South, approximately half a mile south of the new Toyota dealership, this high-visibility location offers excellent access and exposure. The property boasts 400 feet of road frontage along a paved, divided state highway. City utilities are readily available, including sewer, water, natural gas (Atmos), electricity, and high-speed internet access (AT&T and C Spire). This flat, cleared lot measures approximately 400 feet by 400 feet and is part of an Opportunity Zone, potentially offering tax advantages to qualified buyers based on investment in improvements and job creation. The property's tax map and parcel number are 57 and Portion 34.5 An, respectively. This is a turnkey opportunity for businesses seeking a prime location in a thriving area. All utilities are available. The property is located in Adams County, Mississippi, zip code 39120.

    Property profile
    Verified
    Property type Land
    Lot 3.59 ac (156,380 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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