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    35 Magenta Ln Picayune, MS 39466

    For Sale
    Contact for pricing

    Cleared lot, quiet location, great commute.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 12,000 dollar lot, identified as NHN Lot 35 Magenta Lane, is situated in the tranquil Red Hill Estates subdivision in Picayune, Mississippi, zip code 39466. The property is conveniently located at 30.4862235 latitude and -89.7039664 longitude. This cleared lot presents a fantastic opportunity for immediate construction. Its position in the back corner of the subdivision ensures a peaceful setting, away from the main thoroughfares, offering a quiet and secluded environment. Red Hill Estates boasts an advantageous location, providing easy access to both the Mississippi Gulf Coast and New Orleans, making it ideal for commuters. The lot is ready for development, eliminating the need for extensive site preparation. This is a single lot offering, although multiple lots within the subdivision are available for purchase. The property is classified as land and is priced competitively at $12,000. This represents a compelling investment opportunity for those seeking a build-ready lot in a desirable location.

    Property Features for 35 Magenta Ln

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Clothing Store Auto Repair Shop Wholesale Shop Hotel & Motel Auto Parts Store Grocery Store Food Market Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Picayune
    County
    Pearl River
    State
    Mississippi
    Longitude
    -89.7039664
    Latitude
    30.4862235

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    FAQs

    What type of property is this?
    Land - Cleared lot, quiet location, great commute.
    Where is this land located?
    The property is located at 35 Magenta Ln Picayune, MS.
    What is the asking price?
    The asking price for this property is $12,000.
    Request Owner's contact information
    35 Magenta Ln 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
    35 Magenta Ln Picayune, MS 39466
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