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    105 Highland Pkwy Picayune, MS 39466

    For Sale
    $599,000

    Prime MS location, high traffic, build-ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional commercial lot, located at 105 Highland Parkway in Picayune, Mississippi, presents a unique investment opportunity. Situated on a main state highway, this property boasts unparalleled visibility and high traffic counts, ensuring maximum exposure for any business. Its strategic location near a local hospital and the Post Office further enhances its appeal. The lot is zoned C3 and is exceptionally level, eliminating the need for extensive site preparation – no dirt hauling required. This build-ready lot offers multiple development possibilities for a variety of commercial ventures. The asking price is $599,000. Alternatively, the property is available for lease at a rate of $4.00 per square foot per year. A survey of the property is available upon request. The lot size is one square foot, which is a typographical error and should be clarified with the seller. The address is 105 Highland Parkway, Picayune, MS 39466. This prime location offers significant potential for immediate development or long-term investment. Don't miss this chance to secure a highly visible and convenient commercial property in a thriving Mississippi community.

    Property Features for 105 Highland Pkwy

    General Information

    Property type
    Land

    HighLights

    • High‑visibility commercial lot at 105 Highland Parkway, Picayune, MS 39466, situated on a main state highway with high traffic counts.
    • Zoned C3, level lot requiring minimal site preparation.
    • Located near a local hospital and Post Office.
    • Offered for sale at $599,000 or lease at $4.00/SF/year.
    • Lot size to be verified with seller.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Department Store Electrical Service Discount Store Bed & Breakfast Pet Store Seafood Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Picayune
    County
    Pearl River
    State
    Mississippi
    Longitude
    -89.6658315
    Latitude
    30.552982

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    FAQs

    What type of property is this?
    Land - Prime MS location, high traffic, build-ready.
    Where is this land located?
    The property is located at 105 Highland Pkwy Picayune, MS.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: High-visibility commercial lot at 105 Highland Parkway, Picayune, MS 39466, situated on a main state highway with high traffic counts.; Zoned C3, level lot requiring minimal site preparation.; Located near a local hospital and Post Office.
    Request Owner's contact information
    105 Highland Pkwy 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
    105 Highland Pkwy Picayune, MS 39466
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