3955 Clay StVicksburg, MS 39180

Property Details for 3955 Clay St

Year built

1963

Lot size

0.48 AC

Property size (Sq ft)

4,782 SF

Property type

Turn key restaurants

APN

095-7 -22 -0120- -0001.00

APU

957220120000100

Description

This exceptional 3.7-acre commercial land parcel, located at 3955 Clay Street in Vicksburg, Mississippi (APN: 0957 22 0120 000100), presents a unique investment opportunity. Currently featuring the existing structures of the former Scottish Inn Motel, this property is zoned for commercial use and offers significant potential for redevelopment. The high-visibility location on Clay Street ensures substantial traffic flow, making it ideally suited for a variety of commercial ventures. Whether you envision a retail center, office complex, or a mixed-use development, this site provides the space and visibility to build a thriving business. The property's substantial size (3.7 acres) allows for ample room for expansion and future development. Its strategic location in Vicksburg, Mississippi, within Warren County, and its convenient zip code (39180) offer easy access to local amenities and transportation routes. This is a rare opportunity to acquire a large, well-located commercial property with significant upside potential. The asking price is $960,000. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $868,520

  6.5%

  $801,711

  7%

  $744,446

• Comparable approach

  Method

  Valuation

  Relative Method

  $379,366

  Geo Method

  $387,717

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,563,420

  Mixed-Use / Specialty

  $798,849

  Hospitality / Lodging

  $586,085

  Office

  $794,099

  Institutional / Educational

  $830,479

  Residential Income

  $971,661

  Multifamily

  $1,165,380

  Automotive / Energy

  $711,839

  Parking / Income-Based Land

  $245,651

  Restaurant / Food Service

  $415,479

  Healthcare / Senior Housing

  $819,208

Location Insight

City

Vicksburg

County

Warren

State

Mississippi

Latitude

32.3446

Longitude

-90.8385

CBSA code

46980

CBSA name

VICKSBURG, MS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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