Property profile

0 Memorial Blvd Picayune, MS 39466

OFF-MARKET
Land
52 ac lot
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Property summary

AI-generated overview

This exceptional 52-acre commercial land parcel presents a unique development opportunity in Picayune, Mississippi. Situated in the heart of Picayune's retail core, this property boasts unparalleled visibility and accessibility. Its strategic location directly adjacent to a Walmart Supercenter, Home Depot, McDonald's, Walgreens, several banks, and quick-service restaurants ensures high traffic counts and immediate access to a substantial customer base. The property's address is on Memorial Boulevard, offering convenient access to Interstate 59, a major thoroughfare. Further enhancing its appeal is the imminent completion of a new frontage road along I-59, promising even greater visibility and accessibility. The property's zoning allows for a variety of development options, including retail, multi-family residential, industrial, and office spaces, making it an ideal investment for developers seeking a versatile and high-potential site. The property's APN is 6-17-6-13-000-000-1200. This prime location, coupled with its proximity to key amenities and national retailers, positions this land for significant growth and expansion. The versatile space offers numerous development opportunities, making it an attractive investment in a proven, high-growth area. The property is located in Pearl River County, Mississippi, with a zip code of 39466.

Property profile

Verified
Property type Land
Lot 52 ac (2,265,120 SF)

Cap rate & NOI

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

Location

Memorial Blvd Picayune, MS 39466
Picayune metro
Google Maps

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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