801 Highway 11 South Picayune, MS 39466
For Sale
This exceptional retail and office space, located at 801 Hwy 11 S in Picayune, Mississippi, 39466, offers two available suites ranging from 2,162 to 2,914 square feet. Suite A, a spacious 2,900 square foot unit, boasts a large open area, two restrooms, and a striking glass window front. Currently undergoing a complete renovation, this suite will feature a brand-new HVAC system, updated restroom sink cabinets and fixtures, new lighting, and fresh flooring, making it the most attractive retail or office space in Picayune. Tenants have the opportunity to select the paint color for the entire space. The property benefits from ample parking directly in front. Its strategic corner location at Memorial Blvd provides high visibility and convenient access to I-59 and Highway 11 South, ensuring significant traffic flow. This thriving shopping center is anchored by established businesses including Wendy's, Logan's Chicken, Hancock Whitney Bank, Pizza Hut, Crosby's Furniture, Progressive Insurance, and MedCentris. Tenants are responsible for electricity, phone, and internet
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.