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    49 Magenta Ln Picayune, MS 39466

    For Sale
    Contact for pricing

    Quiet, cleared lot in Red Hill Estates.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional lot, located at NHN Lot 49 Magenta Lane, Picayune, MS 39466, presents a unique opportunity for residential development. Priced at $12,000, this cleared lot is situated in the tranquil back corner of the Red Hill Estates subdivision, offering a peaceful setting away from the main thoroughfares. Its secluded location ensures privacy and quiet enjoyment, while still providing convenient access to local amenities. The property is ideally positioned for commuters, offering easy access to both the Mississippi Gulf Coast and New Orleans. Red Hill Estates is a well-established community, and this lot is ready for immediate construction, eliminating the need for extensive site preparation. The lot's size is not specified, but its location within the subdivision suggests a standard residential lot size. Multiple lots are available within the subdivision, providing options for larger-scale projects or potential investors seeking multiple properties. This is an excellent opportunity to acquire a build-ready lot in a desirable location at an attractive price point. The coordinates are 30.4860623 latitude and -89.7041184 longitude.

    Property Features for 49 Magenta Ln

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Clothing Store Auto Repair Shop Wholesale Shop Hotel & Motel Auto Parts Store Grocery Store Food Market Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Picayune
    County
    Pearl River
    State
    Mississippi
    Longitude
    -89.7041184
    Latitude
    30.4860623

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    FAQs

    What type of property is this?
    Land - Quiet, cleared lot in Red Hill Estates.
    Where is this land located?
    The property is located at 49 Magenta Ln Picayune, MS.
    What is the asking price?
    The asking price for this property is $12,000.
    Request Owner's contact information
    49 Magenta Ln 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
    49 Magenta Ln Picayune, MS 39466
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