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    247 Highway 61 Natchez, MS 39120

    • Land
    • 0.88 lot acres
    For Sale
    View listing
    $215,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 247 Highway 61

    Lot size
    0.88 lot acres
    Property type
    Land

    Description

    This exceptional 0.88-acre commercial lot is strategically located at 247 S Highway 61 in Natchez, Mississippi (zip code 39120, Adams County). Previously the site of Mr. Whiskers, the property features a remaining concrete slab and boasts excellent visibility due to its extra-wide lot dimensions of approximately 203 x 190 feet. The mostly level, cleared lot offers significant advantages for developers and businesses seeking high traffic exposure. Utilities are readily available, including public water, sewer, electricity, and natural gas. Access is provided via State Highway 61, a divided highway, ensuring convenient ingress and egress. The property's tax map and parcel information are 58-108, Portion 22. This prime location presents a unique opportunity to establish a thriving business in a high-traffic area. The asking price is $215,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Natchez
    County
    Adams
    State
    Mississippi
    Longitude
    -91.3675
    Latitude
    31.4878

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      1.03 Acres

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      Land • 1.25 Acres
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    Similar Nearby for Sale

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      0.16 Acres

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      High-Visibility Natchez Commercial Land

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    Similar Nearby for Lease

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      Natchez Land For Lease

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    247 Highway 61
    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
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