255 Us-61 Natchez, MS 39120
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.