Property profile

184 Sgt Prentiss Dr Natchez, MS 39120

OFF-MARKET
Other office properties
Property ID
US50-0612299
4,418 SF Built 1968
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Located on Sgt Prentiss Drive in Natchez, Mississippi, this property consists of approximately 4,200 square feet of retail or office space on about 2.76 acres with ample parking and potential for additional retail development. The building is divided into three separate units. Unit 1 (about 1,500 sq ft) is near the highway and includes a lobby/reception area and offices; it had renovations completed. Unit 2 (about 1,300 sq ft) includes a reception/lobby area and approximately four to five offices and was previously configured for a dental office. Unit 3 (about 1,400 sq ft) has an open floor plan with a reception area and was previously occupied by a floral shop. Each unit has both front and back entrances. Units 1 and 2 have partition walls that could be removed to support conversion to retail use. The units are separated by concrete walls, and Units 2 and 3 are connected by an internal hallway that includes built-in cabinet space and a sink. Each unit has its own electric meter and HVAC system, and the property is zoned B4.

Property profile

Verified
Property type Other office properties
Use group OFFICE (GENERAL)
Year built 1968
Construction WOOD
Total area 4,418 SF
APN 0043 0002 0001
UPID US50-0612299

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Florist
  • Dental Office
  • Insurance Agency

Location

184 Sgt Prentiss Dr Natchez, MS 39120-4737
Natchez metro Census 600 NATCHEZ, MS-LA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2010
Price N/A

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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