311 Devereaux Dr Natchez, MS 39120-4207
This 1,942 square foot retail property is situated on a 0.56-acre lot at 311 Devereaux Drive in Natchez, Mississippi. Its prime location makes it ideal for a variety of businesses, particularly those in the food service or retail sectors. The building offers ample space for a diverse range of operations, providing flexibility for potential tenants to customize the layout to suit their specific needs. The property's prominent location ensures high visibility and accessibility, attracting significant foot traffic and maximizing exposure to potential customers. This presents a unique opportunity for entrepreneurs and established businesses seeking a strategic location to expand or establish their presence in the Natchez market. The asking price is $179,000, representing a compelling investment opportunity in a thriving commercial area. Serious inquiries are encouraged to explore this exceptional retail space and its potential for growth and profitability. The property is being offered directly by the owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.