Property profile

0 001543 Natchez, MS 39120

OFF-MARKET
Retail properties & Spaces
15.43 ac lot
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Property summary

AI-generated overview

This exceptional 15.43-acre tract in Natchez, Mississippi, presents a unique investment opportunity. Situated on Highway 61 South, this property boasts 992 feet of highway frontage and offers significant development potential. The land has been thoughtfully prepared, with approximately 12 acres already leveled and rough-graded. The property is conveniently divided into three smaller lots (E-2A, E-2B, and E-2C), providing flexibility for various development scenarios, or it can be purchased as a single tract. Access is readily available via an MDOT-approved median cut on Highway 61 South, with the culvert already installed and dirt work completed. The property is zoned B-4 for Highway Business and is located within a designated Opportunity Zone, offering potential tax advantages. The APN is 57-34.5. This prime location and prepared land make this an ideal site for a wide range of commercial ventures, including multi-family, self-storage, office, retail, retail-pad, or hospitality developments. The asking price is $798,250. Don't miss this chance to acquire a highly desirable commercial property in a thriving Mississippi location.

Property profile

Verified
Property type Retail properties & Spaces
Lot 15.43 ac (672,131 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

001543 Natchez, MS 39120
Natchez metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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