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Property profile

00 I59 Picayune, MS 39466

OFF-MARKET
Commercial real estate
200,376 SF 4.6 ac lot
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Property summary

AI-generated overview

This exceptional commercial property boasts unparalleled visibility, directly fronting Interstate 59 South's Exit 4 ramp in Picayune, Mississippi. The 4.6-acre lot offers a substantial 200,376 square feet of space, presenting a rare opportunity for businesses seeking high-traffic exposure. The property's strategic location ensures maximum brand visibility for any commercial enterprise. Access to the site is conveniently provided via South Loftin Street, easily accessible from Memorial Boulevard, offering seamless ingress and egress for customers and employees. The asking price is $995,000. Given its size, location, and high visibility, this property is ideally suited for a wide range of commercial uses, from retail and restaurants to light industrial and distribution centers. The expansive acreage allows for ample parking and potential for future expansion. This is a unique chance to acquire a significant commercial asset in a rapidly growing area with exceptional visibility and convenient access to a major interstate highway. The property's prominent location guarantees significant exposure to a large volume of daily traffic, making it an attractive investment for businesses seeking to establish a strong presence in the Picayune market. Serious inquiries are encouraged to explore the potential of this remarkable commercial property. The property is ready for immediate development or occupancy, offering a turnkey solution for businesses seeking a prime location in a thriving community.

Property profile

Verified
Property type Commercial real estate
Total area 200,376 SF
Lot 4.6 ac (200,376 SF)

Cap rate & NOI

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

Location

00 I59 Picayune, MS 39466
Picayune metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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