Property profile

255 Us-61 Natchez, MS 39120

OFF-MARKET
Retail properties & Spaces
19,434 SF 4.8 ac lot Built 1960
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Property summary

AI-generated overview

This exceptional investment opportunity in Natchez, Mississippi, presents a portfolio of seven freestanding buildings totaling 19,434 square feet on a substantial 4.8-acre lot. Located at 255 US-61, this mixed-use property (Retail and Office) offers significant rental income potential. The property is zoned I-1 and features a single-story configuration built in 1960. Four of the buildings are currently generating monthly rental income, while two are immediately available for lease. Detailed floor plans for all six buildings are available upon request. The asking price is $995,000, translating to $51.20 per square foot. This property's size, location, and existing rental income stream make it an attractive proposition for investors seeking a strong return on investment in a vibrant Mississippi market. The property includes two separate parcel identification numbers: PPIN # 4905 & PPIN # 26212. This is a rare opportunity to acquire a well-established, multi-building property with immediate income generation and significant upside potential. The property's strategic location on US-61 ensures high visibility and accessibility.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1960
Total area 19,434 SF
Lot 4.8 ac (209,088 SF)

Cap rate & NOI

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

Location

255 Us-61 Natchez, MS 39120
Natchez metro
Google Maps

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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