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    1401 Formby Davis Rd Picayune, MS 39466

    For Sale
    $32,000

    Build Your Dream Home in MS

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    303
    This exceptional 39466 land parcel, located at 1401 Formby Davis Rd, Picayune, Mississippi, presents a unique investment opportunity. Priced affordably at $32,000, this property offers significant potential for various development projects. Its convenient downtown Picayune location provides easy access to a range of amenities, including local churches, walking trails, public libraries, schools, and restaurants. The property's proximity to these community features makes it an attractive site for residential construction, potentially a spec home, or other suitable developments. The address is precisely 1401 Formby Davis Rd, with GPS coordinates 30.5310017 latitude and -89.6951271 longitude. The property is classified as land and is situated in a vibrant area of Picayune, offering a blend of convenience and community appeal. This is an excellent chance to acquire a piece of land in a desirable location with the potential for strong returns. The property's accessibility and proximity to local amenities make it a highly attractive proposition for investors seeking a promising development opportunity in Picayune, Mississippi. The zip code is 39466. Consider the possibilities this prime location offers for your next project.

    Property Features for 1401 Formby Davis Rd

    General Information

    Property type
    Land

    HighLights

    • $32,000 asking price for land in Picayune, MS.
    • Located at 1401 Formby Davis Rd, Picayune, MS 39466.
    • Excellent location in downtown Picayune, convenient to churches, trails, libraries, schools, and restaurants.
    • Potential for investment property development, such as a spec home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Picayune
    County
    Pearl River
    State
    Mississippi
    Longitude
    -89.6951271
    Latitude
    30.5310017

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    FAQs

    What type of property is this?
    Land - Build Your Dream Home in MS
    Where is this land located?
    The property is located at 1401 Formby Davis Rd Picayune, MS.
    What is the asking price?
    The asking price for this property is $32,000.
    What are key features of this property?
    This property features: $32,000 asking price for land in Picayune, MS.; Located at 1401 Formby Davis Rd, Picayune, MS 39466.; Excellent location in downtown Picayune, convenient to churches, trails, libraries, schools, and restaurants.
    Request Owner's contact information
    1401 Formby Davis Rd 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
    1401 Formby Davis Rd Picayune, MS 39466
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