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    48 Magenta Ln Picayune, MS 39466

    For Sale
    Contact for pricing

    Cleared lot, quiet location, near coast & New Orleans.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 39466 Picayune, MS lot, located at NHN Lot 48 Magenta Lane, presents a unique opportunity for building your dream home. Priced at $12,000, this cleared lot is situated in the desirable Red Hill Estates subdivision. Its secluded back corner location ensures peace and quiet, offering a welcome respite from the hustle and bustle. The property is conveniently located for easy commutes to both the Mississippi Gulf Coast and New Orleans, providing access to a wealth of amenities and attractions. Red Hill Estates is a well-established community, and this lot is ready for immediate development. The lot's size is not specified, but its cleared status eliminates the need for extensive site preparation. Multiple lots are available within the subdivision, making it an ideal choice for builders or investors seeking multiple properties. This is a fantastic opportunity to acquire a piece of land in a highly sought-after location at an attractive price point. Don't miss out on this chance to build your future in a tranquil yet conveniently located setting.

    Property Features for 48 Magenta Ln

    General Information

    Property type
    Land

    HighLights

    • $12,000 asking price for land.
    • Located in Picayune, MS, 39466.
    • Address: NHN Lot 48 Magenta Lane.
    • Cleared lot ready for construction in Red Hill Estates.
    • Quiet location at the back of the subdivision.
    • Convenient to the coast and New Orleans.
    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
    -89.7041138
    Latitude
    30.4860581

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    FAQs

    What type of property is this?
    Land - Cleared lot, quiet location, near coast & New Orleans.
    Where is this land located?
    The property is located at 48 Magenta Ln Picayune, MS.
    What is the asking price?
    The asking price for this property is $12,000.
    What are key features of this property?
    This property features: $12,000 asking price for land.; Located in Picayune, MS, 39466.; Address: NHN Lot 48 Magenta Lane.
    Request Owner's contact information
    48 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
    48 Magenta Ln Picayune, MS 39466
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