Property profile

61 251&255 Hwy Natchez, MS 39120

OFF-MARKET
Office Spaces
2,000 SF 0.51 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents two brick office buildings situated on a 0.51-acre lot in Natchez, Mississippi, at 251 & 255 S Highway 61. The property boasts a total of approximately 5,500 net rentable square feet, distributed between a two-story building (approximately 3,500 sq ft) and a single-story building (approximately 2,000 sq ft). The single-story building is currently leased to Jordan Trucking under a two-year lease. The property features 25 parking spaces, a B-4 zoning designation, and is conveniently located along Highway 61, experiencing an average daily traffic count of 15,000 vehicles. Building amenities include brick exterior, concrete slab flooring, carpet, combination heating and air conditioning systems, and private bathrooms. Utilities include public water, natural gas, and cable connections. The property's tax parcel is identified as Portion 22 of 58-108. Detailed floor plans and additional information are available upon request. The asking price for this Class A, mixed-use property is $525,000. This is a rare opportunity to acquire a well-located, income-producing commercial property in a thriving area.

Property profile

Verified
Property type Office Spaces
Total area 2,000 SF
Lot 0.51 ac (22,216 SF)

Cap rate & NOI

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

Location

61 251&255 Hwy Natchez, MS 39120
Natchez metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 61 251&255 Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message