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OFF-MARKET
Mixed-use properties

245 Us-61 Natchez, MS 39120

2,450 SF 0.45 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Total area 2,450 SF
Lot 0.45 ac (19,602 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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