Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    510 Canal St Picayune, MS 39466

    For Sale
    $110,000

    Prime Commercial Lot, Historic District

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial land parcel, located at 510 West Canal Street in Picayune, Mississippi, presents a unique investment opportunity. Encompassing approximately one-third of an acre (two city lots, 9 and 10), this 100' x 132' property boasts prominent frontage on West Canal Street and rear access via a utility easement commonly used for deliveries by neighboring businesses. Situated in Picayune's thriving downtown area, this location benefits from its designation within the city's recreation area, allowing for golf cart usage and potential "to-go cup" alcohol sales for special events (subject to verification of all applicable city regulations). The property is surrounded by a mix of established businesses, including a flower shop, church, professional offices, and is within easy walking distance of restaurants, antique stores, and boutiques. The asking price is $110,000. A survey is available upon request. This is a rare chance to acquire a significant piece of Picayune's historic commercial landscape. The property's dimensions and location make it ideal for a variety of commercial ventures. Buyers are responsible for verifying all zoning regulations and permitted uses with the City of Picayune.

    Property Features for 510 Canal St

    General Information

    Property type
    Land

    HighLights

    • Prime .33‑acre commercial lot at 510 West Canal Street, Picayune, MS.
    • 100' x 132' lot with prominent West Canal Street frontage and rear utility easement access.
    • Located in Picayune's downtown recreation area, allowing for golf cart usage and potential to‑go alcohol sales (subject to city regulations).
    • Surrounded by diverse businesses and near restaurants, shops, and boutiques.
    • Asking price: $110,000. Survey available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Picayune
    County
    Pearl River
    State
    Mississippi
    Longitude
    -89.6857526
    Latitude
    30.5273301

    Nearby Similar for Sale

    • $600,000
      9,733 SF

      Multi-Family Investment Opportunity

      Well-maintained, 10-unit multi-family property on 2 acres.
      23027 Indian Ridge Rd, Picayune, MS 39466
      View Details
    • $650,000
      6,755 SF

      Versatile Commercial Property on Highway

      6,755 sq ft commercial property on 1.32 acres.
      2467 Highway 43 South, Picayune, MS 39466
      View Details
    • $399,900
      3,915 SF

      Prime Commercial Building in Picayune

      Spacious commercial building with multiple suites in prime location.
      707 Memorial Blvd, Picayune, MS 39466
      View Details
    • $499,000
      4,410 SF

      Picayune Church Property for Sale

      Community church with sanctuary, meeting rooms, and ample parking.
      1700 Goodyear Blvd, Picayune, MS 39466
      View Details
    • $149,500
      1,727 SF

      Restaurant Ready Commercial Sale

      Commercial property suitable for restaurant or retail use.
      728 West Canal St, Picayune, MS 39466
      View Details
    • $219,500
      5,372 SF

      Commercial Buildings on Highway 43

      Three commercial buildings totaling 5,372 SF on 2 acres.
      22033 Highway 43 South, Picayune, MS 39466
      View Details

    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, Historic District
    Where is this land located?
    The property is located at 510 Canal St Picayune, MS.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: Prime .33-acre commercial lot at 510 West Canal Street, Picayune, MS.; 100' x 132' lot with prominent West Canal Street frontage and rear utility easement access.; Located in Picayune's downtown recreation area, allowing for golf cart usage and potential to-go alcohol sales (subject to city regulations).
    Request Owner's contact information
    510 Canal St Picayune, MS 39466
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    510 Canal St
    Picayune, MS 39466
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    510 Canal St Picayune, MS 39466
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.