Property profile

939 Us-61 Natchez, MS 39120

OFF-MARKET
Warehouses
3,000 SF 4.37 ac lot Built 2001
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Property summary

AI-generated overview

This 3,000 square foot industrial property, built in 2001, sits on a 4.37-acre lot at 939 Hwy 61 S, Natchez, MS 39120. Currently configured as a medical cannabis facility, this versatile space offers significant potential for various businesses. The property boasts two adjoining buildings with ample storage, ideal for owner-occupancy or rental income. Its prime location just outside Natchez city limits provides exceptional visibility with 1,280 feet of road frontage on Hwy 61 South, attracting customers from Natchez and Baton Rouge. Security features include gated and fenced grounds, and extensive parking is available. The property is suitable for flex, pharmacy/drug, or warehouse uses, making it a highly attractive investment opportunity. This 1-story building presents a unique chance to capitalize on its strategic location and adaptable layout. All information should be independently verified. The property is offered as a 1031 exchange opportunity. The Adams County parcel number is 0204 0002 0001. Asking price: $179,000.

Property profile

Verified
Property type Warehouses
Year built 2001
Total area 3,000 SF
Lot 4.37 ac (190,357 SF)

Cap rate & NOI

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

Location

939 Us-61 Natchez, MS 39120
Natchez metro
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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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