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    128 Third St Picayune, MS 39466

    Sponsored
    For Sale
    $285,000

    High-traffic, 5781 sq ft metal building

    Property size:
    5,781 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, situated at 128 E Third Street in Picayune, Mississippi, presents a compelling investment opportunity. The 0.1-acre lot, located just half a block from Highway 11 and directly across from the Picayune Train Station, boasts high visibility and accessibility. The property features a substantial 5,781 square foot metal building, strategically positioned on the corner of Third Street and N. Curran Avenue, measuring 145 feet by 100 feet. Recent upgrades include a brand-new roof and insulation, enhancing energy efficiency and longevity. The building itself comprises six bays, providing ample space for various commercial uses, complemented by a 360 square foot office area. Ample parking is available, catering to both employees and customers. The C-2 Downtown Commercial zoning allows for a wide range of business applications, capitalizing on the property's prime location within a high-traffic area. This property offers a unique blend of functionality, location, and recent improvements, making it an ideal investment for discerning buyers seeking a strong foothold in the Picayune commercial market. The building's sturdy metal construction and well-maintained condition ensure long-term value and operational efficiency.

    Property Features for 128 Third St

    General Information

    Property type
    Industrial properties
    Square Feet
    5,781 SF
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1962
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Picayune
    County
    Pearl River
    State
    Mississippi
    Longitude
    -89.67865
    Latitude
    30.52723

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    FAQs

    What type of property is this?
    Industrial property - High-traffic, 5781 sq ft metal building
    Where is this industrial property located?
    The property is located at 128 Third St Picayune, MS.
    What is the asking price?
    The asking price for this property is $285,000.
    (228) 255-3550
    Request Owner's contact information
    128 Third St Picayune, MS 39466
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    Picayune, MS 39466
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    128 Third St Picayune, MS 39466
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