245 Us-61 Natchez, MS 39120
This exceptional mixed-use commercial property, located at 245 US-61 in Natchez, Mississippi, presents a compelling investment opportunity. Boasting 2,450 square feet on a 0.45-acre lot (approximately 80 x 250 feet), this free-standing building is currently 100% occupied. The property features a metal siding and steel frame exterior, a metal roof, and concrete slab flooring. Internal features include extra storage space and a combination heating and air conditioning system. Convenient drive-in doors enhance accessibility. Situated in a high-traffic area with an average daily traffic count of 15,000 vehicles, this property benefits from excellent visibility and access to Highway 61 South. Utilities include public water and natural gas, connected sewer, and the property is within city limits. The B-4 zoning allows for a variety of commercial uses. The tax parcel is identified as 58-108 Portion 22 in Adams County, Mississippi, zip code 39120. Floor plans and further details are available upon request. Priced at $185,000, this property offers significant potential for investors seeking a strong return. Don't miss this chance to acquire a well-located, versatile commercial building in a thriving area.
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
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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.