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    801 Highway 11 Picayune, MS 39466

    For Sale
    $425,000

    Picayune, MS: 35,000 SF prime commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 35,000 square foot commercial land parcel presents a remarkable investment opportunity in Picayune, Mississippi. Strategically located on the high-traffic corner of Highway 11 South and Memorial Boulevard, this property boasts unparalleled visibility and accessibility. Positioned directly across from a Family Dollar and adjacent to established businesses such as Wendy's, Pizza Hut, and Hancock Whitney Bank, this site benefits from significant existing foot and vehicle traffic. Memorial Boulevard's daily traffic count at I-59 reaches 20,000 vehicles, ensuring consistent exposure for any development. The property offers convenient ingress and egress from both Highway 11 and Memorial Boulevard, providing easy access for customers and employees. Zoned C-3 (Highway Commercial), this lot is ideally suited for a wide range of commercial ventures, from retail establishments and restaurants to financial institutions and service businesses. The asking price is $425,000. This prime location and high traffic volume make this a truly exceptional opportunity for investors seeking a high-return investment in a thriving Mississippi market. The property is located at 801 Hwy 11 S, Picayune, MS 39466, in Pearl River County.

    Property Features for 801 Highway 11

    General Information

    Property type
    Land

    HighLights

    • 35,000 SF commercial land parcel in Picayune, MS.
    • High‑traffic corner of Hwy 11 S and Memorial Blvd, across from Family Dollar.
    • Excellent visibility and access; adjacent to Wendy's, Pizza Hut, and Hancock Whitney Bank.
    • Memorial Blvd sees 20,000 vehicles daily near I‑59.
    • Easy ingress/egress from Hwy 11 and Memorial Blvd.
    • C‑3 (Highway Commercial) zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Kitchen & Bath Food Market HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Picayune
    County
    Pearl River
    State
    Mississippi
    Longitude
    -89.6805107
    Latitude
    30.5182604

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    FAQs

    What type of property is this?
    Land - Picayune, MS: 35,000 SF prime commercial lot.
    Where is this land located?
    The property is located at 801 Highway 11 Picayune, MS.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 35,000 SF commercial land parcel in Picayune, MS.; High-traffic corner of Hwy 11 S and Memorial Blvd, across from Family Dollar.; Excellent visibility and access; adjacent to Wendy's, Pizza Hut, and Hancock Whitney Bank.
    Request Owner's contact information
    801 Highway 11 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
    801 Highway 11 Picayune, MS 39466
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