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    45 Magenta Ln Picayune, MS 39466

    For Sale
    Contact for pricing

    Cleared lot, quiet location, near coast.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 12,000 dollar lot, identified as NHN Lot 45 Magenta Lane, is situated in the tranquil Red Hill Estates subdivision of Picayune, Mississippi, zip code 39466. The property is conveniently located in a quiet back corner of the subdivision, offering privacy and seclusion while still being part of a thriving community. The lot has already been cleared, significantly reducing the preparation time and costs associated with new construction. This makes it an ideal location for building a new home. Red Hill Estates boasts a prime location, providing easy access to both the Mississippi Gulf Coast and the vibrant city of New Orleans, making it perfect for those seeking a balance between coastal living and urban amenities. The geographic coordinates are 30.4862074 latitude and -89.7039493 longitude. This is a fantastic opportunity for those looking to build their dream home in a peaceful, yet conveniently located setting. Note that multiple lots are available within the subdivision.

    Property Features for 45 Magenta Ln

    General Information

    Property type
    Land

    HighLights

    • 12,000 square foot lot in Red Hill Estates, Picayune, MS (39466).
    • Located in a quiet, private corner of the subdivision.
    • Cleared lot, ready for construction.
    • Convenient access to the Mississippi Gulf Coast and New Orleans.
    • Multiple lots available in the subdivision.
    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
    -89.7039493
    Latitude
    30.4862074

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    FAQs

    What type of property is this?
    Land - Cleared lot, quiet location, near coast.
    Where is this land located?
    The property is located at 45 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 square foot lot in Red Hill Estates, Picayune, MS (39466).; Located in a quiet, private corner of the subdivision.; Cleared lot, ready for construction.
    Request Owner's contact information
    45 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
    45 Magenta Ln Picayune, MS 39466
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