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    00 I59 Picayune, MS 39466

    Sponsored
    For Sale
    $995,000

    4.6 Acres, C-1 Zoning, $995,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.6-acre commercial land parcel presents a unique investment opportunity in Picayune, Mississippi. Strategically located at 00 S. Loftin Street, conveniently near Exit 4 of I-59, this property boasts high visibility and easy access to major transportation routes. The site is zoned C-1, allowing for a wide range of commercial development possibilities, making it ideal for businesses seeking a prominent location with significant growth potential. The expansive lot size offers ample space for various projects, from retail centers and restaurants to office buildings and light industrial facilities. Its prime location near a major interstate exit ensures high traffic volume and excellent exposure to a large customer base. The asking price is $995,000, representing a compelling value for a property of this size and location in a rapidly developing area. Detailed zoning information and site plans are available upon request. This is an exceptional opportunity to acquire a significant commercial land holding in a thriving Mississippi market. Don't miss out on this chance to secure a prime location for your next venture. Serious inquiries only. The property address is 00 S. Loftin Street, Picayune, MS 39466.

    Property Features for 00 I59

    General Information

    Property type
    Land
    Lot Size
    200,376 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Picayune
    County
    Pearl River
    State
    Mississippi
    Longitude
    -89.6649513
    Latitude
    30.5213427

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    FAQs

    What type of property is this?
    Land - 4.6 Acres, C-1 Zoning, $995,000
    Where is this land located?
    The property is located at 00 I59 Picayune, MS.
    What is the asking price?
    The asking price for this property is $995,000.
    (601) 590-2988
    Request Owner's contact information
    00 I59 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
    00 I59 Picayune, MS 39466
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