000 Highway 61 North Byp Vicksburg, MS 39183
This exceptional 140-acre commercial land parcel presents a unique investment opportunity in Vicksburg, Mississippi. Located at 000 Hwy 61 North, this undeveloped property boasts a prime location adjacent to Merit Health River Region Hospital and Medical complex, ensuring high visibility and accessibility. The property's strategic position is further enhanced by its proximity to established retail businesses, including a Family Dollar and a Dollar General, indicating strong existing commercial activity in the immediate vicinity. The asking price is $980,000, translating to a unit price of $14,278 per acre. Situated outside city limits in Warren County, this expansive tract offers significant potential for various development projects. The property's size and location make it particularly well-suited for large-scale developments such as an upscale apartment complex, a need clearly identified within the Vicksburg market. With its convenient access to major roadways and essential amenities, this property represents a compelling investment opportunity for developers seeking to capitalize on Vicksburg's growth trajectory. The property's APN is 086 20 9999 000400 and the zip code is 39183. This is a rare chance to acquire a substantial land holding in a thriving Mississippi community.
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.